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CHEMICAL BANKING DECLARES DIVIDEND

 NEW YORK, Dec. 15 /PRNewswire/ -- Chemical Banking Corporation (NYSE: CHL) today declared a quarterly dividend of 30 cents per share on the outstanding shares of the corporation's common stock. The dividend is payable on Jan. 31, 1993 to stockholders of record at the close of business on Jan. 6, 1993.
 Chemical Banking Corporation also declared a quarterly dividend of $0.937500 per share on the outstanding shares of the corporation's Adjustable Rate Cumulative Preferred Stock, Series F. The dividend is payable on Feb. 15, 1993 to stockholders of record at the close of business of Feb. 1, 1993.
 -0- 12/15/92
 /CONTACT: John Meyers, 212-270-7454; or investors, John Borden, 212-270-7318, both of Chemical Bank/
 (CHL)


CO: Chemical Banking Corporation ST: New York IN: FIN SU: DIV

SH-LR -- NY045 -- 7230 12/15/92 13:08 EST
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Publication:PR Newswire
Date:Dec 15, 1992
Words:136
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