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THORN APPLE VALLEY ANNOUNCES QUARTERLY DIVIDEND

 SOUTHFIELD, Mich., April 30 /PRNewswire/ -- The board of directors of Thorn Apple Valley, Inc. (NASDAQ: TAVI) today announced that on April 15, 1993, it declared a quarterly dividend on its common stock of $0.06 per share, payable on May 28, 1993, to holders of record of common stock at the close of business on May 14, 1993.
 The company recently reported third quarter earnings for the fiscal quarter ended March 5, 1993, of $3.1 million ($0.52 per share) as compared to $3.3 million ($0.56 per share) for the third quarter of the prior fiscal year (per share amounts have been restated to reflect a 3-for-2 stock split effected in the form of a dividend in December 1992).
 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- 4/30/93
 /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

JG -- DE011 -- 3190 04/30/93 12:13 EDT
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Publication:PR Newswire
Date:Apr 30, 1993
Words:218
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