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SEARS DECLARES DIVIDENDS

 OVERLAND PARK, Kan., May 13 /PRNewswire/ -- The board of directors of Sears, Roebuck and Co. (NYSE: S) today declared regular dividends on three issues.
 A regular quarterly dividend of 40 cents per share was declared on Sears outstanding common shares. The dividend is payable July 1, 1993 to shareholders of record at the close of business on May 28, 1993.
 A regular quarterly dividend of $2.22 per share was declared on Sears 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 Aug. 1, 1993, to holders of depositary shares of record at the close of business on June 30, 1993.
 A regular quarterly dividend of $3.75 per share was declared on Sears outstanding Series A mandatorily exchangeable preferred shares (PERCS). The dividend amounts to $.9375 for each depositary share held. Each depositary share represents one-fourth of a PERCS. The dividend is payable July 1, 1993 to holders of record at the close of business May 28, 1993.
 -0- 5/13/93
 /CONTACT: Gerald E. Buldak, external communications of Sears, Roebuck and Co., 312-875-8371/
 (S)


CO: Sears, Roebuck & Co. ST: Illinois IN: REA SU: DIV

TS -- NY015 -- 7956 05/13/93 09:16 EDT
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Publication:PR Newswire
Date:May 13, 1993
Words:219
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