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SOUTHDOWN, INC. BOARD SETS DIVIDEND PAYOUT

 HOUSTON, Nov. 22 /PRNewswire/ -- The board of directors of Southdown, Inc. (NYSE: SDW) declared a dividend on its Series B preferred stock. A semiannual dividend of $1.875 per share on the company's Series B preferred stock will be paid on Dec. 31, 1993 to shareholders of record on Dec. 17, 1993.
 Southdown is one of the leading U.S. cement and ready-mixed concrete companies. The company manufactures cement in eight plant locations around the country and markets ready-mixed concrete in Florida and Southern California. In addition, the company is engaged in the environmental services business, including waste-fuel processing, recycling and resource recovery.
 -0- 11/22/93
 /CONTACT: James L. Persky or Karen A. Twitchell of Southdown, Inc., 713-650-6200/
 (SDW)


CO: Southdown, Inc. ST: Texas IN: CST SU: DIV

CK -- NY069 -- 6848 11/22/93 13:42 EST
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Publication:PR Newswire
Date:Nov 22, 1993
Words:138
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