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STAGE II APPAREL INCREASES CASH DIVIDEND

 NEW YORK, Feb. 25 /PRNewswire/ -- The board of directors of Stage II Apparel Corp. (AMEX: SA), one of the nation's largest distributors of popular priced brandname mens and boys casual apparel and activewear, has declared a quarterly cash dividend of 3 cents per share payable March 24, 1993, to shareholders of record on March 15, 1993, the company announced today.
 The increase in the quarterly dividend from 1 cent per share to 3 cents per share reflects the company's ongoing profitability in the fourth quarter of last year and the outlook for the coming year.
 The company is exploring various ways to increase its business in the future via acquisitions and additional retail outlet stores.
 -0- 2/25/93
 /CONTACT: Philip London, chief financial officer of Stage II Apparel Corp., 212-564-5865/
 (SA)


CO: Stage II Apparel Corp. ST: New York IN: REA SU: DIV

GK-WB -- NY020 -- 0317 02/25/93 10:46 EST
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Publication:PR Newswire
Date:Feb 25, 1993
Words:153
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