	gencorp takes no action on stock dividend gencorp inc said its board took no action with respect to a two pct stock dividend at its annual meeting yesterday due to the press of other business specifically the company s pending takeover offer by general acquisition corp formed by afg industries inc and wagner and brown a spokesman said the two pct stock dividend normally issued everly year was not issued in february because the company was examining other dividend alternatives management said it would give consideration to this matter at a later time yesterday the company s chairman a william reynolds told shareholders he would be presenting an alternative to the dlrs a share takeover offer within a week reuter 
