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INTER-REGIONAL FINANCIAL GROUP DECLARES REGULAR 8-CENT DIVIDEND

 MINNEAPOLIS, Aug. 3 /PRNewswire/ -- Inter-Regional Financial Group (NYSE: IFG), parent company of regional broker-dealers Dain Bosworth Incorporated, Minneapolis, and Rauscher Pierce Refsnes, Dallas, today announced that its board of directors has declared a regular quarterly cash dividend of 8 cents per share of common stock payable on Aug. 31 to shareholders of record at the close of business on Aug. 17. There are presently 8,114,202 shares of IFG common stock outstanding.
 Irving Weiser, IFG president and chief executive officer, said, "IFG continues to achieve record financial results and we are pleased to be able to reward our shareholders with this regular quarterly dividend." IFG recently reported its third consecutive record quarter for the three-month period ended June 30, 1993.
 Inter-Regional Financial Group is, through Dain Bosworth Incorporated and Rauscher Pierce Refsnes, Inc., one of the nation's largest full-service regional brokerage and investment banking companies. IFG's two broker-dealers serve individual, institutional, corporate and governmental clients in 22 states, predominantly in the western half of the United States. IFG also is the parent company of Insight Investment Management, adviser for Great Hall Funds, and Regional Operations Group, Inc., an operations and technology services subsidiary. The company's common stock is traded on the New York Stock Exchange under the symbol IFG.
 -0- 8/3/93
 /CONTACT: Debbie Pratt, 612-371-2221, or B.J. French, 612-371-2363, both of Inter-Regional Financial Group/
 (IFG)


CO: Inter-Regional Financial Group ST: Minnesota IN: FIN SU: DIV

DB -- MN001 -- 8793 08/03/93 10:06 EDT
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Publication:PR Newswire
Date:Aug 3, 1993
Words:248
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