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FIRST QUARTER DIVIDEND ANNOUNCED BY WACHOVIA CORPORATION

 FIRST QUARTER DIVIDEND ANNOUNCED BY WACHOVIA CORPORATION
 WINSTON-SALEM, N.C., Jan. 24 /PRNewswire/ -- A first quarter dividend of $.50 per share on Wachovia Corporation (NYSE: WB) common stock was declared today by its board of directors. This represents an 8.7 percent increase over the $.46 cents per share paid in the previous quarter and the first quarter of 1991.
 The dividend is payable on March 2, 1992 to shareholders of record on February 10, 1992. Wachovia Corporation's common shares are traded on the New York Stock Exchange under the symbol WB.
 -0- 1/24/92
 /CONTACT: (Media) Nancy P. Lovelace, 919-770-5696, or (Analyst) Graham P. Dozier III, 919-770-5926, or James C. Mabry, 919-770-5788, all of Wachovia Corporation/
 (WB) CO: Wachovia Corporation ST: North Carolina IN: FIN SU: DIV


CM -- CH009 -- 3337 01/24/92 13:26 EST
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Publication:PR Newswire
Date:Jan 24, 1992
Words:138
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