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SUNAMERICA ANNOUNCES QUARTERLY DIVIDENDS

 LOS ANGELES, July 30 /PRNewswire/ -- Directors of SunAmerica Inc. (NYSE: SAI) today declared a regular quarterly cash dividend of $.07 per share of Common Stock, and $.063 per share of Nontransferable Class B Stock. Both dividends are payable on August 23, 1993, to shareholders of record August 16, 1993.
 Directors also declared a regular quarterly cash dividend of $.2775 per share of $1.11 Depositary Shares Each Representing One-Fifth of a Share of Series A Mandatory Conversion Premium Dividend Preferred Stock, payable on October 15, 1993, to shareholders of record October 8, 1993.
 The Board further declared a regular quarterly cash dividend of $.5781 per share of the Company's 9 1/4 percent Preferred Stock, Series B, payable on September 15, 1993, to shareholders of record September 8, 1993.
 The Board further declared a regular quarterly cash dividend of $.6950 per share of the Company's $2.78 Depositary Shares Each Representing One-Fiftieth of a Share of Series D Mandatory Conversion Premium Dividend Preferred Stock, payable on September 1, 1993, to shareholders of record August 25, 1993.
 SunAmerica is a financial services company which specializes in selling tax-deferred long-term savings products and investments to the expanding preretirement savings market.
 -0- 7/30/93
 /CONTACT: Tim McGarry, corporate communications of SunAmerica, 310-445-6534/
 (SAI)


CO: SunAmerica Inc. ST: California IN: FIN SU: DIV

LS-AC -- LA010 -- 7794 07/30/93 13:22 EDT
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Publication:PR Newswire
Date:Jul 30, 1993
Words:229
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