COLLINS INDUSTRIES INC
8-K, 1997-03-10
MOTOR VEHICLES & PASSENGER CAR BODIES
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                THIS CONFORMING PAPER FORMAT DOCUMENT IS BEING
              SUBMITTED PURSUANT TO RULE 901(d) OF REGULATION S-T
                           
                                 UNITED STATES
                    SECURITIES AND EXCHANGE COMMISSION
                           WASHINGTON, D.C.  20549
                           
                           
                                   FORM 8-K
                           
                           
                                CURRENT REPORT
                           
                           
                        Pursuant to Section 13 or 15(d) of
                       the Securities Exchange Act of 1934
                           
      Date  of  Report  (Date  of earliest  event  reported): March 3, 1997


                            COLLINS INDUSTRIES, INC.
          (Exact name of registrant as specified in its charter)
                           
                                   Missouri
               (State or other jurisdiction of incorporation)
                           
             0-12619                              43-0985160
     Commission  File  Number        (IRS   Employer Identification No.)

          421 East 30th Avenue, Hutchinson, Kansas            67502
          (Address of principal executive offices)          (Zip Code)


       Registrant's telephone number, including area code (316) 663-5551.


                                        N/A
        (Former name or former address, if changed since last report)
                           
                           
                           
     11022959
     Item 5.   Other Events.

     Exhibit 1 - (Press Release of March 3, 1997) is hereby incorporated by
                  reference.
                           
                           
                                      SIGNATURE
                           
     Pursuant to the requirements of the Securities Exchange
     Act of 1934, the Registrant has duly caused this report
     to  be signed on its behalf by the undersigned hereunto
     duly authorized.



                              COLLINS INDUSTRIES, INC.


                              By: /s/Larry W. Sayre
                                  Larry W. Sayre
                                  Vice President - Finance
                                  and Chief Financial Officer

     Date:     March 10, 1997
                           
                           


                                  EXHIBIT INDEX
                           
     Exhibit                   Description                     Page
                                             
        1            Press release of March 3, 1997              1
                           


                                                               Exhibit 1

     NEWS RELEASE

     FOR IMMEDIATE RELEASE:            CONTACT: Larry W. Sayre
                                       Vice President - Finance & CFO
                                       Telephone: (316) 663-5551

             COLLINS DECLARES QUARTERLY CASH DIVIDEND
                           
     Hutchinson,   Kansas,  March  3,  1997   ----   COLLINS
     INDUSTRIES, INC. (Nasdaq: "COLL") announced today  that
     the Board of Directors has declared a cash dividend  of
     $.025   per  share  payable  on  March  14,   1997   to
     shareholders of record on March 4, 1997.

     The  Company indicated that it intends to consider  the
     payment  of regular dividends in March, June, September
     and  December of each year.  The Company also said that
     it  intends  to  consider the payment of an  additional
     dividend  in  January of each year equal to twenty-five
     percent (25%) of the net income of the previous  fiscal
     year  (ending  October 31) less the  sum  of  any  cash
     dividends  paid in March, June, September and  December
     of  the  previous  calendar year.   Payment  of  future
     dividends   is   subject  to  results  of   operations,
     limitations  imposed by the Company's  loan  agreements
     and applicable law.

     Collins Industries,  Inc.  is  a  leading  manufacturer
     of ambulances, small school buses, commercial buses and
     terminal   trucks.   The  Company  sells  its  products
     throughout  the United States and, to a lesser  extent,
     abroad.  



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