

wsj_0762

10/27/89


WSJ891027-0133 = 891027 891027-0133.
Dividend News: @ Cambrex Corp. 10/27/89 WALL STREET JOURNAL (J) CBAM DIVIDENDS (DIV)



CAMBREX Corp., Bayonne, N.J., declared its initial quarterly of five cents a share, payable Dec. 1 to stock of record Nov. 10. The maker of specialty chemicals has about 5.9 million shares outstanding. The company said the move recognizes its strong financial position. Although profits were " squeezed" in 1989, mainly as a result of higher raw-material costs, the company said it is confident about future earnings and cash flow for 1990 and beyond. In national over-the-counter trading yesterday, Cambrex shares rose 50 cents to close at $13 a share.





























