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THE FOOTHILL GROUP INC. DECLARES QUARTERLY DIVIDEND OF 3 CENTS PER SHARE

 LOS ANGELES, June 10 /PRNewswire/ -- The Foothill Group Inc. (NYSE: FGI) board of directors today declared a regular $.03 quarterly cash dividend on its Class A common stock. The dividend is payable on July 20, 1993, to shareholders of record on June 18, 1993.
 The Foothill Group Inc. is a financial services company engaged in the commercial finance and asset management businesses. It owns or manages assets totaling more than $1.2 billion. Foothill Capital Corp., the company's largest subsidiary, provides asset-based financing secured by accounts receivable, inventory, equipment and other assets to businesses throughout the United States. Foothill Thrift and Loan specializes in providing commercial real estate financing for California-based small businesses and entrepreneurs. The Capital Markets Division (parent company) manages institutional limited partnerships which invest in the debt of companies which are in reorganization or in the process of restructuring.
 -0- 6/10/93
 /CONTACT: Henry K. Jordon, VP and CFO of Foothill, 310-996-7000/
 (FGI)


CO: Foothill Group Inc. ST: California IN: FIN SU: DIV

JB-EH -- LA017 -- 0642 06/10/93 12:35 EST
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Publication:PR Newswire
Date:Jun 10, 1993
Words:176
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