McRae Industries, Inc. Dividend Declared MOUNT GILEAD, N.C., March 8 /PRNewswire-FirstCall/ -- McRae Industries, Inc. (Amex: MRIA; MRIB) declared a dividend of $.08 cents per share on the Company's Class A Common Stock payable on April 1, 2005 to shareholders of record on March 18, 2005. DATASOURCE: McRae Industries, Inc. CONTACT: D. Gary McRae, President of McRae Industries, Inc., +1-910-439-6147 Web site: http://www.mcraeindustries.com/

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