LOS ANGELES , July 26, 1999 (PRIMEZONE) -- ARCO's Board of Directors (NYSE:ARC), today declared regular quarterly dividends on three classes of the company's stock.
A dividend of 71.25 cents a share was declared on Common Stock payable September 15 to stockholders of record at the close of business on August 13.
A dividend of 75 cents a share was declared on $3.00 Cumulative Convertible Preference stock payable September 20 to stockholders of record at the close of business on August 13.
A dividend of 70 cents a share was declared on $2.80 Cumulative Convertible Preference stock payable September 20 to stockholders of record at the close of business on August 13.
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