Vintage Petroleum Increases Cash Dividend

Vintage Petroleum announced its board of directors has authorized a cash dividend of five cents per share, increasing the company's quarterly dividend rate by 11 percent. This represents the eleventh increase in the company's quarterly cash dividend rate since dividends were initiated in 1992. The company said the dividend will be paid July 1, 2004, to stockholders of record on June 17, 2004.
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