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STANDARD PACIFIC CORP. DECLARES QUARTERLY CASH DIVIDEND

 COSTA MESA, Calif., July 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 Aug. 30, 1993, to shareholders of record on Aug. 16, 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 moveable acoustical office partitions and office furniture through its wholly owned subsidiary, Panel Concepts Inc.
 -0- 7/21/93
 /CONTACT: April J. Morris of Standard Pacific, 714-668-4303/
 (SPF)


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

BP-JB -- LA021 -- 4039 07/21/93 14:19 EDT
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Publication:PR Newswire
Date:Jul 21, 1993
Words:170
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