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VENTURE STORES, INC. DECLARES QUARTERLY DIVIDENDS

 O'FALLON, Mo., May 21 /PRNewswire/ -- Venture Stores, Inc. announced today that its board of directors has declared quarterly dividends on both its common and preferred shares.
 The quarterly common stock dividend has been increased to fourteen and one half cents ($0.145) per share from fourteen cents ($0.14). This increases the annual dividend rate from 56 cents ($0.56) to 58 cents ($0.58) per share. The scheduled quarterly dividend on the cumulative convertible preferred stock is $8.125 per preferred share ($0.8125 per depositary share). Both of these dividends are payable June 15, 199 to shareowners of record as of the close of business on June 1, 1993.
 Venture operates 93 quality discount retail stores in eight Midwestern states. Venture's common shares and preferred depositary shares are traded on the New York Stock Exchange under the symbols VEN and VEN-Pr, respectively.
 -0- 5/21/93
 /CONTACT: Jack Burtelow, 314-281-7800, for Venture Stores, Inc./
 (VEN)


CO: Venture Stores, Inc. ST: Missouri IN: REA SU: DIV

LD -- NY072 -- 1370 05/21/93 17:55 EDT
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Publication:PR Newswire
Date:May 21, 1993
Words:176
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