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SMART & FINAL INC. DECLARES QUARTERLY CASH DIVIDEND

 SANTA BARBARA, Calif., Feb. 24 /PRNewswire/ -- The board of directors of Smart & Final Inc. (NYSE: SMF) declared a regular quarterly cash dividend of five cents per share of the company's common stock, payable April 30, 1993, to shareholders of record April 2, 1993.
 R.J. Emmons, chairman of the board and chief executive officer said, "The board was very pleased with the company's 1992 performance and chose to maintain the pre-split dividend rate. Since the stock split 3-for-2 on Feb. 5, this, in effect, represents a 50 percent increase in the dividend."
 Smart & Final Inc. operates 126 non-membership grocery warehouse stores in California, Arizona and Nevada and a foodservice distributor in Northern California.
 -0- 2/24/93
 /CONTACT: Leanne Reynolds of Smart & Final, 213-589-1054/
 (SMF)


CO: Smart & Final Inc. ST: California IN: REA SU: DIV

EH-BP -- LA014 -- 9830 02/24/93 10:46 EST
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Publication:PR Newswire
Date:Feb 24, 1993
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