THE SANDS REGENT ANNOUNCES CASH DIVIDEND
THE SANDS REGENT ANNOUNCES CASH DIVIDEND RENO, Nev., Nov. 4 /PRNewswire/ -- The Sands Regent
(NASDAQ: SNDS) announced that its board of directors approved the payment of a cash dividend in the amount of $.10 per share. The cash dividend is payable on Dec. 12, 1991, to shareholders of record as of Nov. 22, 1991. This is the first time in the history of the company that a cash dividend will be paid to its shareholders. The company currently has approximately 2.1 million shares of common stock outstanding.
The Sands Regent is a 1,000-room hotel/casino located in Reno. -0- 11/4/91 /CONTACT: David R. Wood of The Sands Regent, 702-348-2298/ (SNDS) CO: Sands Regent ST: Nevada IN: CNO SU: DIV SE-CH -- LA019 -- 0942 11/04/91 17:22 EST
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|Date:||Nov 4, 1991|
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