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SCOTT & STRINGFELLOW INCREASES DIVIDEND

 SCOTT & STRINGFELLOW INCREASES DIVIDEND
 RICHMOND, Va., Dec. 13 /PRNewswire/ -- Scott & Stringfellow


Financial, Inc. (NASDAQ-NMS: SCOT) has declared its second quarterly dividend for fiscal 1992 and has increased the dividend from seven cents to eight cents per share of common stock payable to shareholders of record Jan. 2, 1992.
 In making the announcement, Francis A. Pineno, president and chief executive officer, said the dividend would be payable to shareholders on Jan. 15, 1992. The company has 1,799,373 shares outstanding as of Dec. 13, 1992.
 Scott & Stringfellow Investment Corp. was founded in Richmond, Va. in 1893 and is the South's oldest continuous member of the New York Stock Exchange. The common stock of the holding company, Scott & Stringfellow Financial, Inc., has been traded in the Over-the-Counter market since an initial public offering in November 1986. The firm has 25 branch offices throughout Virginia, North Carolina and West Virginia and 370 employees of which 166 have full-time Investment Broker positions.
 -0- 12/13/91
 /CONTACT: Francis A. Pineno, President & CEO, Scott & Stringfellow Financial, Inc., 804-643-1811/
 (SCOT) CO: Scott & Stringfellow Financial, Inc. ST: Virginia IN: FIN SU: DIV


CM -- CH005 -- 2330 12/13/91 11:19 EST
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Publication:PR Newswire
Date:Dec 13, 1991
Words:195
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