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XEROX BOARD DECLARES DIVIDENDS ON COMMON, PREFERRED STOCK ISSUES

 STAMFORD, Conn., July 12 /PRNewswire/ -- Dividends on Xerox Corporation's (NYSE: XRX) common stock and three issues of its preferred stock were declared today by the company's board of directors.
 Each of the dividends, all unchanged from previous quarterly payments, is payable Oct. 1 to shareholders of record Sept. 3.
 Payments will be 75 cents a share on the common stock, 92.1875 cents a share on the $3.6875 10-year sinking fund preferred and $1.03125 a share on the $4.125 20-year sinking fund preferred. Payment on the Series B convertible preferred, issued in connection with the Xerox employee stock ownership plan (ESOP), will be $1.5625 a share.
 The common stock dividend is the 183rd consecutive quarterly disbursement declared by Xerox.
 -0- 7/12/93
 /CONTACT: Thomas C. Abbott of Xerox, 203-968-3378/
 (XRX)


CO: Xerox Corporation ST: Connecticut IN: SU: DIV

CK -- NY063 -- 0514 07/12/93 14:56 EDT
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Copyright 1993 Gale, Cengage Learning. All rights reserved.

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Publication:PR Newswire
Date:Jul 12, 1993
Words:152
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