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CHEMICAL FINANCIAL CORPORATION DECLARES DIVIDEND

 CHEMICAL FINANCIAL CORPORATION DECLARES DIVIDEND
 MIDLAND, Mich., Feb. 18 /PRNewswire/ -- Gilbert A. Currie, chairman


of Chemical Financial Corporation (NASDAQ-NMS: CHFC), announced that on Feb. 17 the board of directors of the company declared a quarterly cash dividend of $0.22 per share of common stock, payable on Friday, March 20, 1992, to shareholders of record on March 6, 1992. The ex-dividend date is March 2, 1992.
 Chemical Financial Corporation is one of the 10 largest bank holding companies in Michigan, and the company's 10 affiliated banks operate 75 "Chemical Bank" offices in 20 counties across the mid-section of Michigan's lower peninsula. CFC Data Corp., Midland, is the company's wholly owned data processing subsidiary.
 The common shares of Chemical Financial Corporation are traded in the over-the-counter market and are quoted on the NASDAQ National Market System under the symbol CHFC.
 -0- 2/18/92
 /CONTACT: Aloysius J. Oliver of Chemical Financial Corporation, 517-839-5352/
 (CHFC) CO: Chemical Financial Corporation ST: Michigan IN: FIN SU: DIV


SB -- DE011 -- 9832 02/18/92 10:24 EST
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Publication:PR Newswire
Date:Feb 18, 1992
Words:172
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