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WAXMAN INDUSTRIES, INC. DECLARES REGULAR QUARTERLY CASH DIVIDEND

 WAXMAN INDUSTRIES, INC. DECLARES
 REGULAR QUARTERLY CASH DIVIDEND
 BEDFORD HEIGHTS, Ohio, March 2 /PRNewswire/ -- Waxman Industries, Inc. (NYSE: WAX) today announced that the Board of Directors has declared a regular quarterly cash dividend of $.03 per common share, an indicated annual rate of $.12 per common share, payable March 20, 1992 to stockholders of record on March 11, 1992.
 Waxman Industries, Inc. is a leading supplier to the home repair and remodeling market in the United States and Canada. In the U.S., the Company's plumbing, electrical and hardware products are sold primarily to home improvement centers, warehouse home centers, mass merchandisers, hardware stores, lumber yards and, through its Mail Order/Telemarketing Group, to more than 30,000 independent retailers, contractors and locksmiths. The Company assembles, packages and markets many of these products under its proprietary trade names. In Canada, the Company is one of the largest suppliers of plumbing and heating products, serving approximately 10,000 customers across Canada, including repair and remodeling contractors, residential and commercial construction contractors and retailers.
 -0- 3/2/92
 /CONTACT: Armond Waxman or Jerome Jacques of Waxman Industries, Inc., 216-439-1830; or Patrick Gallagher of Edward Howard & Co., 216-781-2400, for Waxman Industries, Inc./
 (WAX) CO: Waxman Industries, Inc. ST: Ohio IN: SU: DIV


KK -- CL029 -- 4098 03/02/92 15:30 EST
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Publication:PR Newswire
Date:Mar 2, 1992
Words:218
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