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SEARS DECLARES DIVIDEND ON PREFERRED

 SEARS DECLARES DIVIDEND ON PREFERRED
 CHICAGO, Feb. 11 /PRNewswire/ -- The board of directors of Sears,


Roebuck and Co. (NYSE: S) today declared a quarterly dividend of $2.22 per share on its outstanding 8.88 percent preferred shares, First Series. The dividend amounts to 55-1/2 cents for each depositary share held. Each depositary share represents one-fourth of a preferred share.
 The dividend is payable May 1, 1992 to holders of depositary shares of record at the close of business on March 31, 1992.
 -0- 2/11/92
 /CONTACT: Gerald E. Buldak of Sears, 312-875-8371/
 (S) CO: Sears, Roebuck and Co. ST: Illinois IN: REA SU: DIV


SM -- NY078 -- 8980 02/11/92 17:12 EST
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No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1992 Gale, Cengage Learning. All rights reserved.

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Publication:PR Newswire
Date:Feb 11, 1992
Words:116
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