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TRANSTECHNOLOGY DECLARES REGULAR SIX CENT QUARTERLY DIVIDEND

 UNION, N.J., May 5 /PRNewswire/ -- TransTechnology Corporation (NYSE: TT) today announced that its board of directors had declared a regular dividend of six cents per share payable on June 1, 1993 to shareholder of record May 17, 1993. The most recent previous dividend was a regular dividend of $.076 per share paid March 1, 1993.
 The company stated that while audited year-end results will not be released until later this month, it expects to meet its previously announced earnings goal of $1.00 per share for the fiscal year ended March 31, 1993 as compared to last year's loss of $1.85 per share.
 TransTechnology Corporation is a diversified manufacturer of industrial and aerospace products with over 850 employees in its seven facilities in the U.S. and those in England, Belgium and Australia.
 -0- 05/05/93
 /CONTACT: Michael J. Berthelot, chairman, president and CEO of TransTechnology, 908-964-5666, or fax, 908-688-8518/
 (TT)


CO: TransTechnology Corporation ST: New Jersey IN: ARO SU: DIV

KD-AH -- NY083 -- 5025 05/05/93 16:11 EDT
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Publication:PR Newswire
Date:May 5, 1993
Words:173
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