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BAYBANKS DECLARES DIVIDEND.


BOSTON--(BUSINESS WIRE)--July 27, 1995 -- This morning William M. Crozier, Jr., chairman of the board and president of BayBanks, Inc., announced that the board of directors had voted a quarterly dividend of $.60 per share on the Company's common stock payable Friday, Sept. 1, 1995 to stockholders of record Monday, Aug. 14, 1995. The previous dividend was $.50 per share.

CONTACT: Media Investor

Bruce E. Spitzer or Michael W. Vasily

Vice President Executive Vice President

Public Relations and Chief Financial Officer

(617) 788-7812 (617) 482-1040

COPYRIGHT 1995 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1995, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Jul 27, 1995
Words:86
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