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WILLAMETTE INDUSTRIES ANNOUNCES STOCK SPLIT, DIVIDEND

 WILLAMETTE INDUSTRIES ANNOUNCES STOCK SPLIT, DIVIDEND
 PORTLAND, Ore., April 21 /PRNewswire/ -- Willamette Industries' (NASDAQ: WMTT) board of directors today declared a 2-for-1 split of the corporation's common stock. The split will be in the form of a stock dividend payable on May 22 to shareholders of record on May 1.
 The board also declared a cash dividend of 21 cents per share payable on June 12 to shareholders of record on May 25.
 The announced cash dividend reflects the 2-for-1 split, effectively maintaining the rate set in the first quarter of 1992, a 5-percent increase over the company's 1991 quarterly dividend rate.
 -0- 4/21/92
 /CONTACT: J.A. Parsons of Willamette Industries, 503-227-5581/
 (WMTT) CO: Willamette Industries ST: Oregon IN: PAP SU: DIV


SC -- SE014 -- 0776 04/21/92 14:52 EDT
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Copyright 1992 Gale, Cengage Learning. All rights reserved.

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Publication:PR Newswire
Date:Apr 21, 1992
Words:133
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