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To: Logistics who wrote (53559)	2/9/1999 9:34:00 AM
From: Steven G. Trapp & Company	Respond to of 119973

Newell Increases Quarterly Cash Dividend on its Common Stock Business Editors FREEPORT, Ill.--(BUSINESS WIRE)--Feb. 9, 1999--(NYSE:NWL)--The directors of Newell Co. voted to increase the quarterly cash dividend on the Company's Common Stock to 20 cents per share from 18 cents per share. On an annual basis, this is an indicated rate of 80 cents compared with the former rate of 72 cents, an increase of 11 percent. The dividend is payable March 5, 1999 to common stockholders of record on February 19, 1999. The Company's previous Common Stock dividend increase was made in February 1998, at which time it was increased from 16 cents to 18 cents per share per quarter. The Company's Common Stock dividend has grown an average of 18% per year over the last ten years. Newell Co. is a multi-national manufacturer and marketer of high-volume staple consumer products which are sold through a variety of retail and wholesale distribution channels. Product groups include hardware and home furnishings, office products, and housewares. Business Wire - February 09, 1999 09:21