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STANDARD PACIFIC CORP. DECLARES QUARTERLY CASH DIVIDEND

       STANDARD PACIFIC CORP. DECLARES QUARTERLY CASH DIVIDEND
    COSTA MESA, Calif., July 15 /PRNewswire/ -- Arthur E. Svendsen, chairman of the board and chief executive officer of Standard Pacific Corp. (NYSE: SPF), today announced that the company's board of directors had declared the quarterly cash dividend of $.03 per share of common stock.  The cash dividend will be payable on Aug. 31, 1992 to shareholders of record on Aug. 17, 1992.
    Standard Pacific Corp. operates primarily as a geographically diversified builder of medium-priced single family homes with operations throughout California and in the Houston and Dallas markets.  In addition, Standard Pacific Corp. assists homebuyers in obtaining financing for home purchases through its wholly owned subsidiary, Standard Pacific Savings F.A.  The company also is engaged in the manufacture and marketing of movable acoustical office partitions and office furniture through its wholly owned subsidiary, Panel Concepts Inc.
    -0-                     7/15/92
    /CONTACT:  April J. Morris of Standard Pacific, 714-668-4303/
    (SPF) CO:  Standard Pacific Corp. ST:  California IN:  CST FIN SU:  DIV KJ -- LA024 -- 9616 07/15/92 14:04 EDT
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Publication:PR Newswire
Date:Jul 15, 1992
Words:177
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