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CAPITAL HOLDING BOARD OF DIRECTORS DECLARES 10 PERCENT INCREASED DIVIDEND ON COMMON STOCK FOR FIRST QUARTER OF 1992

 CAPITAL HOLDING BOARD OF DIRECTORS DECLARES 10 PERCENT
 INCREASED DIVIDEND ON COMMON STOCK FOR FIRST QUARTER OF 1992
 LOUISVILLE, Ky., Dec. 5 /PRNewswire/ -- During its December 4 meeting, the board of directors of Capital Holding Corporation (NYSE: CPH) declared a dividend of 33 cents per share of outstanding common stock for the first quarter of 1992. The dividend, up 3 cents from the fourth quarter of 1991, represents a 10 percent increase and will be payable March 13, 1992, to holders of record on February 28, 1992. The company has increased the dividend paid on its common stock every year since its founding in 1969.
 A per share dividend of $1.6875 for Capital Holding's adjustable-rate preferred stock will be payable January 15, 1992, to shareholders of record on December 31, 1991. The rate, which was previously announced, represents an annualized yield of 6.75 percent.
 Capital Holding Corporation is one of the nation's five largest shareholder-owned life insurance organizations, with $18.2 billion in assets and $44.3 billion of life insurance coverage in force.
 The corporation offers a broad range of financial services and products through agents, direct-marketing media, investment professionals and retail locations. Its common stock is listed on the New York and Pacific Stock Exchanges under the ticker symbol CPH; its preferred stock is listed on the New York Stock Exchange under the symbol CPHF.
 -0- 12/5/91
 /CONTACT: Steve Wilson, 502-560-2723, or Bonnie Otto, 502-560-3019, both of Capital Holding Corporation/
 (CPH) CO: Capital Holding Corporation ST: Kentucky IN: INS SU: DIV


CM -- CH006 -- 9765 12/05/91 15:08 EST
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Publication:PR Newswire
Date:Dec 5, 1991
Words:266
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