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TIME WARNER INC. DECLARES DIVIDENDS

 NEW YORK, Jan. 21 /PRNewswire/ -- The board of directors of Time Warner Inc. (NYSE: TWX) today declared the following dividends for three classes of Time Warner securities: A regular quarterly cash dividend of $.07 per common share payable on March 9, 1993 to shareholders of record on Feb. 24, 1993.
 A regular quarterly dividend of $1.09375 per share of Series C 8-3/4 percent Convertible Exchangeable Preferred Stock payable on April 1, 1993 to shareholders of record on March 15, 1993.
 A regular quarterly dividend of .0275 of a share of Series D 11 percent Convertible Exchangeable Preferred Stock per share of Series D Preferred payable on April 1, 1993 to shareholders of record March 15, 1993. Time Warner Inc. is the world's leading media and entertainment company, with interests in magazine and book publishing, recorded music and music publishing, filmed entertainment, cable television and cable television programming.
 -0- 1/21/93
 /CONTACT: Edward Adler of Time Warner, 212-484-6630/
 (TWX)


CO: Time Warner Inc. ST: New York IN: ENT SU: DIV

SH -- NY061 -- 7456 01/21/93 13:22 EST
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Copyright 1993 Gale, Cengage Learning. All rights reserved.

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Publication:PR Newswire
Date:Jan 21, 1993
Words:181
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