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SEARS DECLARES DIVIDENDS

 CHICAGO, Nov. 10 /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 Jan. 3, 1994 to shareholders of record at the close of business on Nov. 30, 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 Feb. 1, 1994 to holders of record at the close of business Dec. 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 Jan. 3, 1994 to holders of record at the close of business Nov. 30, 1993.
 -0- 11/10/93
 /CONTACT: Perry D. Chlan of Sears, 312-875-7079/
 (S)


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

WB -- NY080 -- 2843 11/10/93 14:43 EST
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Publication:PR Newswire
Date:Nov 10, 1993
Words:209
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