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FLEET FINANCIAL GROUP DECLARES COMMON AND PREFERRED STOCK DIVIDENDS

 FLEET FINANCIAL GROUP DECLARES
 COMMON AND PREFERRED STOCK DIVIDENDS
 PROVIDENCE, R.I., May 20 /PRNewswire/ -- The Board of Directors of Fleet Financial Group (NYSE: FLT) today declared a regular quarterly dividend of 20 cents per share on its common stock, it was announced by Terrence Murray, chairman and chief executive officer.
 The common stock dividend will be payable on July 1, 1992, to stockholders of record on June 15, 1992.
 The board also declared a dividend of $3 per share on the corporation's preferred stock, Series I, and $1.625 per share on its preferred stock, Series II. The preferred stock dividends are payable on July 15, 1992, to stockholders of record on June 30, 1992.
 Fleet Financial Group is a diversified financial services company listed on the New York Stock Exchange with approximately 1,300 offices nationwide. Its lines of business include commercial and consumer banking, mortgage banking, consumer finance, asset-based lending, investment management and student loan processing.
 -0- 5/20/92
 /CONTACT: Robert W. Lougee Jr., Vice President of Corporate Communications, 401-278-5879, Bruce P. Crooks, 401-278-6241, Thomas L. Lavelle (Media), 401-278-3003, or Judith B. Ragge (Investor), 401-278-6444/
 (FLT) CO: Fleet Financial Group ST: Rhode Island IN: FIN SU: DIV


CN -- NE003 -- 6195 05/20/92 11:31 EDT
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Publication:PR Newswire
Date:May 20, 1992
Words:210
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