BUSINESS MEMO: SPARTECH DIVIDEND

Spartech Corporation's Board of Directors has announced a quarterly cash dividend of 8.5 cents per share, payable July 5, to common shareholders of record on June 21.

Spartech recently reported record second quarter fiscal 2000 results of $256.7 million in sales, net earnings of $23.8 million and earnings per share-diluted of 47 cents.

Spartech is a producer of engineered thermoplastic materials polymeric compounds and molded and profile products with 52 plants in the U.S., including two operations at Cape Girardeau.