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CHEMICAL FINANCIAL CORPORATION DECLARES SECOND-QUARTER DIVIDEND

 MIDLAND, Mich., May 17 /PRNewswire/ -- Gilbert A. Currie, chairman of Chemical Financial Corporation (NASDAQ-NMS: CHFC), announced that today, May 17, 1993, the board of directors of the company declared a quarterly cash dividend of $0.20 per share of common stock payable on Friday, June 18, 1993, to shareholders of record on June 4, 1993. The ex-dividend date is May 28, 1993.
 Chemical Financial Corporation is one of the 10 largest bank holding companies in Michigan, and the company's nine subsidiary banks operate 75 "Chemical Bank" offices in 20 counties across the mid-section of Michigan's Lower Peninsula. CFC Data Corp, Midland, is the company's wholly owned data processing subsidiary.
 The company's common shares are traded in the over-the-counter market and are quoted on the NASDAQ National Market System under the symbol CHFC.
 -0- 5/17/93
 /CONTACT: Aloysius J. Oliver of Chemical Financial Corporation, 517-839-5352/
 (CHFC)


CO: Chemical Financial Corporation ST: Michigan IN: FIN SU: DIV

JG -- DE027 -- 9319 05/17/93 14:55 EDT
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Publication:PR Newswire
Date:May 17, 1993
Words:165
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