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FLEET FINANCIAL GROUP DECLARES COMMON AND PREFERRED STOCK DIVIDENDS

 PROVIDENCE, R.I., Aug. 18 /PRNewswire/ -- The Board of Directors of Fleet Financial Group (NYSE: FLT) today declared a regular quarterly dividend of 25 cents per share on its common stock, it was announced by Terrence Murray, chairman and chief executive officer.
 The dividend will be payable on Oct. 1, 1993, to stockholders of record on Sept. 3, 1993.
 The board also declared a dividend of $3.00 per share on the corporation's preferred stock, Series I, and $1.625 per share on its preferred stock, Series II. These dividends will be payable on Oct. 15, 1993 to stockholders of record on Sept. 30, 1993.
 Fleet Financial Group is a $45-billion diversifies financial services company listed on the New York Stock Exchange with approximately 1,200 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- 8/18/93
 /CONTACT: Robert W. Lougee, Jr., vice president, corporate communications, 401-278-5879; Bruce P. Crooks, 401-278-6241; Thomas L. Lavelle, 401-278-3003 (media); or Judith B. Ragge, 401-278-6444, (investor), all of Fleet Financial Group/
 (FLT)


CO: Fleet Financial Group ST: Rhode Island IN: FIN SU: DIV

DJ-CM -- NE004 -- 3836 08/18/93 10:25 EDT
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Publication:PR Newswire
Date:Aug 18, 1993
Words:204
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