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STANDARD PACIFIC CORP. DECLARES QUARTERLY CASH DIVIDEND

 COSTA MESA, Calif., April 21 /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 May 28, 1993, to shareholders of record on May 14, 1993.
 Standard Pacific Corp. operates primarily as a geographically diversified builder of medium-priced single-family homes with operations throughout California and in the Houston, Dallas and Austin, Texas, markets. In addition, Standard Pacific participates in mortgage origination and mortgage banking operations through its wholly owned subsidiary, Standard Pacific Savings, F.A. The company is also engaged in the manufacture and marketing of movable acoustical office partitions and office furniture through its wholly owned subsidiary, Panel Concepts Inc.
 -0- 4/21/93
 /CONTACT: April J. Morris of Standard Pacific, 714-668-4303/
 (SPF)


CO: Standard Pacific Corp. ST: California IN: CST FIN SU: DIV

JB-EH -- LA030 -- 8838 04/21/93 14:31 EDT
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Publication:PR Newswire
Date:Apr 21, 1993
Words:170
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