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CHEMICAL BANKING DECLARES DIVIDENDS

 CHEMICAL BANKING DECLARES DIVIDENDS
 NEW YORK, Feb. 18 /PRNewswire/ -- Chemical Banking Corporation


(NYSE: CHL) today declared a quarterly dividend on the outstanding shares of each of the following issues of the corporation's preferred stock.
 -- Adjustable rate cumulative preferred stock -- $1.07500 per share.
 -- Adjustable rate cumulative preferred stock, Series B -- $0.93750 per share.
 -- Adjustable rate cumulative preferred stock, Series C -- $0.20550 per share.
 -- Adjustable rate cumulative preferred stock, Series E -- $1.07500 per share.
 -- 10-3/4 percent cumulative preferred stock -- $2.6875 per share. (The resultant dividend payable to holders of depositary receipts for depositary shares representing 10-3/4 percent cumulative preferred stock will amount to $0.671875 per share.)
 -- 10.96 percent preferred stock -- $0.6850 per share.
 All of the above dividends are payable on March 31, 1992, to stockholders of record at the close of business on March 13, 1992.
 -0- 2/18/92
 /CONTACT: John Meyers, 212-270-7454, or John Borden (investors), 212-270-7318, both of Chemical Banking/
 (CHL) CO: Chemical Banking Corporation ST: New York IN: FIN SU: DIV


CK-OS -- NY068 -- 9958 02/18/92 12:51 EST
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No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1992 Gale, Cengage Learning. All rights reserved.

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Publication:PR Newswire
Date:Feb 18, 1992
Words:183
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