USLIFE CORPORATION DECLARES REGULAR QUARTERLY DIVIDENDS.NEW YORK New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of , NY--(BUSINESS WIRE)--January 28, 1997--USLIFE Corporation (NYSE NYSE See: New York Stock Exchange :USH USH Universal Studios Hollywood USH Ugandan Shilling (national currency) USH Ushuaia, Tierra Del Fuego, Argentina (Airport Code) USH Usher Syndromes USH Universal Sleeve Housing ) today declared a quarterly dividend of 24.7 cents per share Cents per share The amount of a mutual fund's dividend or capital gains distributions that a shareholder will receive for each share owned. on its common stock. The dividend is payable on March 3, 1997 to shareholders of record on February 14, 1997. The announcement was made by Gordon E. Crosby, Jr., chairman of the board and chairman of the executive committee of USLIFE. Regular quarterly dividends were also declared on the Corporation's preferred stock Stock shares that have preferential rights to dividends or to amounts distributable on liquidation, or to both, ahead of common shareholders. Preferred stock is given preference over common stock. Holders of preferred stock receive dividends at a fixed annual rate. : Series A, $1.125 and Series B, $1.25. These per share dividends also have a payment date of March 3, 1997 and a record date of February 14, 1997. Note to the Editor: USLIFE Corporation is a life insurance-based holding company comprised of eleven wholly owned subsidiaries. With more than $168 billion of life insurance in force and nearly $8 billion in assets, USLIFE Corporation operates nationwide through three ordinary life insurance companies, a credit insurance group, and six other companies that provide investment advisory, broker-dealer, marketing, real estate, data processing and administrative services. USLIFE Corporation common stock is traded under the symbol "USH" on the New York, Chicago, Pacific and London stock exchanges. -0- USLIFE 29-Year Annual Compound Growth Rates: Assets 14% Life Insurance In Force 15% Annualized Premiums (Individual) 14% Capital & Surplus 14% After-Tax Net Gain 12% CONTACT: USLIFE Corporation Richard G. Hohn Senior Vice President Investor Relations Investor relations The process by which the corporation communicates with its investors. , Secretary & Counsel (212) 709-6415 |
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