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SOUTHDOWN BOARD SETS DIVIDEND PAYOUT

 SOUTHDOWN BOARD SETS DIVIDEND PAYOUT
 HOUSTON, Nov. 9 /PRNewswire/ -- The board of directors of Southdown,


Inc. (NYSE: SDW) declared a dividend on its Series B preferred stock. A semi-annual dividend of $1.875 per share on the company's Series B preferred stock will be paid on Dec. 31, 1992 to shareholders of record on Dec. 15, 1992.
 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 processing, recycling and resource recovery.
 -0- 11/9/92
 /CONTACT: James L. Persky or Karen A. Twitchell of Southdown, 713-650-6200/
 (SDW) CO: Southdown, Inc. ST: Texas IN: CST SU: DIV


PS -- NY075 -- 8726 11/09/92 12:57 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:Nov 9, 1992
Words:142
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