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CPB INC. DECLARES SECOND QUARTER CASH DIVIDEND

 CPB INC. DECLARES SECOND QUARTER CASH DIVIDEND
 HONOLULU, June 16 /PRNewswire/ -- The board of directors of


CPB Inc. (NASDAQ: CPBI), holding company of Central Pacific Bank, declared a second quarter cash dividend of $0.20 per common share to stockholders of record June 30, 1992, payable on July 17, 1992. The cash dividend of 20 cents is consistent with the first quarter's cash dividend and brings the total dividends paid to date to $0.40 per common share for 1992.
 Central Pacific Bank is Hawaii's third-largest commercial bank with more than $1 billion in assets and 18 branches statewide.
 -0- 6/16/92
 /CONTACT: Wayne Kirihara, VP and manager-marketing division of Central Pacific Bank, 808-544-0500/
 (CPBI) CO: CPB Inc.; Central Pacific Bank ST: Hawaii IN: FIN SU: DIV


JL-CH -- LA015 -- 0758 06/16/92 14:49 EDT
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Publication:PR Newswire
Date:Jun 16, 1992
Words:137
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