FARAH <FRA> AGAIN OMITS QUARTERLY DIVIDEND Farah Inc said it omitted its quarterly common stock dividend for the second consecutive quarter. The company, which last paid a quarterly common dividend of 22 cts a share in December, said it will consider future dividend payments on the basis of improved profitability and cash flow. Farah said it expects to turn a profit for the balance of 1987. For its first quarter ended January 31, Farah lost 1,891,000 dlrs, or 32 cts a share, on sales of 71 mln dlrs. In addition, Farah said it received shareholder approval to change its name to Farah Inc from Farah Manufacturing Co.