COLLINS INDUSTRIES INC
8-K, 1997-08-27
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): August 26, 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 August 26, 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
                                            (Principal  Accounting Officer)

             Date:     August 27, 1997
                           
                           


                                  EXHIBIT INDEX
                           
         Exhibit                  Description                      Page
                                             
           1              Press release of August 26, 1997           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, August 26,  1997  ----  COLLINS
       INDUSTRIES, INC. (Nasdaq: "COLL") announced today  that
       the  Board  of  Directors declared a regular  quarterly
       cash  dividend of $.025 per share payable on  September 15,
       1997  to  shareholders of record on  September  8, 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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