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BANK OF BOSTON DECLARES DIVIDENDS ON SERIES A, B AND C PREFERRED STOCK

BANK OF BOSTON DECLARES DIVIDENDS ON SERIES A, B AND C PREFERRED STOCK
 BOSTON, July 23 /PRNewswire/ -- The board of directors of Bank of Boston Corporation (NYSE: BKB) today declared quarterly dividends of 80 cents per share on the corporation's Series A preferred stock (BKB pfA); 77 cents per share on its Series B preferred stock (BKB pfB); and $1.40 per share on its Series C preferred stock (BKB pfC). The dividends on each of these three series of adjustable rate, cumulative preferred stock are payable on Sept. 15, 1992 to stockholders of record on Aug. 28, 1992.
 For the period June 16, 1992 through Sept. 15, 1992 the dividend rate is 6.35 percent for the Series A shares, 6.10 percent for the Series B shares, and 5.55 percent for the series C shares.
 Bank of Boston Corporation, with assets of $32 billion at June 30, 1992, is a New England-based superregional bank holding company with both national and international operations. Its major banking subsidiaries are The First National Bank of Boston, with headquarters in Massachusetts; Casco Northern Bank, N.A, in Maine; Bank of Boston Connecticut; Rhode Island Hospital Trust National Bank; and Bank of Vermont. The corporation and its subsidiaries provide a broad range of financial services to individual, corporate, institutional and governmental customers, as well as to other banks. The corporation's common and preferred stocks are listed on the New York and Boston stock exchanges.
 -0- 7/23/92
 /CONTACT: Constance Hubbell of Bank of Boston, 617-434-6883/
 (BKB) CO: Bank of Boston ST: Massachusetts IN: FIN SU: DIV


TM -- NE012 -- 2607 07/23/92 14:10 EDT
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Publication:PR Newswire
Date:Jul 23, 1992
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