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METROPOLITAN FINANCIAL ANNOUNCES CASH DIVIDENDS

 METROPOLITAN FINANCIAL ANNOUNCES CASH DIVIDENDS
 MINNEAPOLIS, March 24 /PRNewswire/ -- The board of directors of


Metropolitan Financial Corporation (NYSE: MFC) today declared a quarterly cash dividend of $0.115 per common share to be paid on April 30, 1992, to shareholders of record April 15, 1992.
 A dividend of $0.72 per share was declared on the company's $2.875 cumulative perpetual preferred stock, Series B, to shareholders of record April 15, 1992. This dividend will be paid on April 30, 1992. The Series B preferred was issued Nov. 28, 1990, as part of a Units underwriting and began trading separately from the warrant on Jan. 15, 1991.
 Metropolitan Financial Corporation is a regional financial services holding company. Its full service consumer savings bank, Metropolitan Federal Bank, fsb, Fargo, N.D., operates over 130 offices in 105 communities in the states of North Dakota, Minnesota, Iowa, South Dakota, Wisconsin and Arizona and meets all current and fully phased in regulatory capital requirements. Metropolitan is the Twin Cities' largest originator of residential mortgage loans. The corporation's real estate sales and brokerage subsidiary, Edina Realty, has been rated number one nationally in customer satisfaction by a leading consumer magazine and serves Minnesota and western Wisconsin.
 Metropolitan Financial Corporation's common and Series A preferred stock trade on the New York Stock Exchange, the common under the symbol MFC. The Series B preferred stock and warrant trade on the NASDAQ System under the symbols MFCNP and MFCNW, respectively.
 -0- 3/24/92
 /CONTACT: Bill Bartkowski of Metropolitan Financial, 612-928-5000/
 (MFC) CO: Metropolitan Financial Corporation ST: Minnesota IN: FIN SU: DIV


KH -- MN013 -- 1128 03/24/92 13:46 EST
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Publication:PR Newswire
Date:Mar 24, 1992
Words:274
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