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CAPITOL AMERICAN FINANCIAL CORPORATION INCREASES DIVIDEND 14 PERCENT

 CLEVELAND, Jan. 11 /PRNewswire/ -- The board of directors of Capitol American Financial Corporation (NYSE: CAF) today announced that it will increase its regular quarterly dividend from $.07 per share to $.08 per share. The regular quarterly dividend of $.08 per share will be payable Feb. 18, 1994 to shareholders of record as of Feb. 3, 1994.
 Capitol American Financial Corporation is a leading supplemental insurance company with a history of substantial growth and financial strength. The company's market focus is on specialty lines such as cancer, accident, intensive care and heart insurance programs. Capitol American is licensed in 47 states and has more than 665,000 policies in force.
 -0- 1/11/94
 /CONTACT: Peter H. Bryan of Capitol American Financial Corporation, 216-696-6400/
 (CAF)


CO: Capitol American Financial Corporation ST: Ohio IN: INS SU: DIV

BM-CM -- CL017 -- 1104 01/11/94 16:05 EST
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Publication:PR Newswire
Date:Jan 11, 1994
Words:144
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