Chase Raises Dividend.NEW YORK--(BUSINESS WIRE)--March 18, 1997--The Board of Directors of The Chase Manhattan Corporation The Chase Manhattan Corporation was a bank holding company formed as parent of the Chase Manhattan Bank. During its time as the parent company, it was led in succession by David Rockefeller, Willard C. Butcher, and Thomas G. Labrecque. today increased the quarterly dividend on outstanding shares of the corporation's common stock to $.62 per share, up 11 percent from $.56 per share, payable April 30, 1997 to shareholders of record at the close of business on April 4, 1997. On an annual basis, this would represent an increase in the dividend rate to $2.48 per share from $2.24 per share. CONTACT: Press Contact: John Stefans, 212/270-7438 or Ken Herz Herz is a German surname meaning heart. Famous Herzes:
or Investor Contact: John Borden Bor·den , Gail 1801-1874. American surveyor and inventor who developed condensed milk (1853) and other food products. Borden, Lizzie Andrew 1860-1927. , 212/270-7318 |
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