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                       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): DECEMBER 12, 2001




                       STEWART & STEVENSON SERVICES, INC.
             (Exact name of registrant as specified in its charter)




             TEXAS                      0-8493                  74-1051605
 (State or other jurisdiction   (Commission File Number)    (I.R.S. Employer
      of incorporation)                                    Identification No.)


            2707 NORTH LOOP WEST
               HOUSTON, TEXAS                                77008
  (Address of principal executive offices)                 (Zip code)


       Registrant's telephone number, including area code: (713) 868-7700


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Item 5. OTHER EVENTS.

On December 11, 2001, Stewart & Stevenson Services, Inc. (the "Company") issued
the press release attached hereto as Exhibit 99.1 announcing the Company's
Dividend.

Item 7. EXHIBITS.

EXHIBIT 99.1      COMPANY  PRESS RELEASE  DATED  DECEMBER 11, 2001,  TITLED
                  STEWART & STEVENSON ANNOUNCES DIVIDEND.




SIGNATURES


      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 hereto duly authorized.


                              STEWART & STEVENSON SERVICES, INC.




Date:  December 12, 2001      By: /s/ John H. Doster
                              Name:  John H. Doster
                              Title: Senior Vice President and Chief
                                      Financial officer