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SEAGRAM DECLARES REGULAR QUARTERLY DIVIDEND

 MONTREAL, Nov. 18 ~PRNewswire~ -- The board of directors of The Seagram Company Ltd. today declared a regular quarterly dividend of 14 cents per share in U.S. currency, payable Dec. 15, 1992 to shareholders of record Nov. 30, 1992.
 For shareholders receiving dividends in Canadian funds, the exchange rate to be applied will be the Bank of Canada noon rate of exchange on the record date.
 Regular quarterly dividends have historically been paid on or about the fifteenth of March, June, September and December of each year to shareholders of record on the last business day of the preceding calendar month. As a result of a change in scheduling of board meetings, it is anticipated that, effective with the quarterly dividend for March 1993, this pattern will change and dividends will be paid on the last business day of the month to shareholders of record on or about the fifteenth day of the same month. Accordingly, it is expected that the March 1993 dividend will be paid on March 31, 1993, to shareholders of record on March 15, 1993.
 The Seagram Company Ltd. is a leading global producer and marketer of distilled spirits, wines, fruit juices, coolers and mixers, and sells its brands in more than 150 countries.
 -0- 11~18~92
 ~CONTACT: Chris Tofalli of Seagram, 212-572-1379~
 (VO)


CO: Seagram Company Ltd. ST: Quebec IN: FOD SU: DIV

KD -- NY064 -- 2397 11~18~92 13:29 EST
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Publication:PR Newswire
Date:Nov 18, 1992
Words:238
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