Article: Georgia-Pacific raises dividends, announces officer promotion. (James E. Terrell)

GEORGIA-PACIFIC RAISES DIVIDENDS, ANNOUNCES OFFICER PROMOTION

ATLANTA, Oct. 27 /PRNewswire/ -- Georgia-Pacific Corp.'s board of directors voted today to raise the company's quarterly cash dividend from 35 cents to 40 cents per share, payable Dec. 11, to shareholders of record Nov. 17.

"For the last four consecutive years Georgia-Pacific (NYSE: GP) has increased its quarterly dividend, evidence of the company's improving performance and our confidence in Georgia-Pacific's future. In the first nine months of 1989, Georgia-Pacific already has exceeded the earnings per share and net income figures ...

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