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THORN APPLE VALLEY ANNOUNCES QUARTERLY DIVIDEND

 SOUTHFIELD, Mich., Feb. 2 /PRNewswire/ -- The board of directors of Thorn Apple Valley, Inc. (NASDAQ: TAVI) today announced that on Jan. 26, 1993, it declared a quarterly dividend on its common stock of $0.06 per share, payable on Feb. 26, 1993, to holders of record of common stock at the close of business on Feb. 12, 1993.
 The company recently reported second-quarter earnings for the fiscal quarter ended Dec. 11, 1992, of $4.7 million ($0.80 per share) as compared to $6.5 million ($1.21 per share) for the second quarter of the prior fiscal year.
 Thorn Apple Valley is a major producer of premium consumer packaged meat and poultry products and a leading slaughterer of hogs, whose products are sold to wholesalers, supermarkets and food service operators. The common stock of the company is traded on the National Association of Securities Dealers Automated Quotation System over-the- counter market under the symbol TAVI.
 -0- 2/2/93
 /CONTACT: Louis Glazier, executive vice president - Finance and Administration, Thorn Apple Valley, Inc., 313-552-0700/
 (TAVI)


CO: Thorn Apple Valley, Inc. ST: Michigan IN: FOD SU: DIV

KE -- DE020 -- 2008 02/02/93 15:20 EST
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Publication:PR Newswire
Date:Feb 2, 1993
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