SERVICEMASTER <SVM> SETS QUARTER DISTRIBUTION ServiceMaster L.P. approved a second quarter cash distribution of 58 cts, payable April 10, record March 23. Previously, ServiceMaster said it would pay in 1987 an indicated cash distribution of 1.50 dlrs a share, including 95 cts a share which would be paid before April 15, 1987. In other action, the company set May eight as the date of its annual shareholders' meeting.