TEJON RANCH CO. DECLARES DIVIDEND
TEJON RANCH CO. DECLARES DIVIDEND LEBEC, Calif., Nov. 18 /PRNewswire/ -- The board of directors of
Tejon Ranch Co. (AMEX: TRC) today declared a cash dividend to shareholders of two-and-one-half cents ($.025) per share. The dividend will be paid to shareholders of record as of the close of business on Dec. 2, 1991, with payments to be made on Dec. 18, 1991.
Tejon Ranch Co. owns approximately 270,000 acres of land approximately 60 miles north of Los Angeles. The company's operations include cattle, farming, the leasing of property for commercial uses and oil and mineral activity. The company is also involved in planning for future uses of its lands. -0- 11/18/91 /CONTACT: Jack Hunt or Allen Lyda of Tejon Ranch, 805-248-6774/ (TRC) CO: Tejon Ranch Co. ST: California IN: SU: DIV KJ-SE -- LA033 -- 4711 11/18/91 18:46 EST
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|Date:||Nov 18, 1991|
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