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CHEMICAL FINANCIAL CORPORATION DECLARES FOURTH-QUARTER DIVIDEND

 MIDLAND, Mich., Nov. 16 ~PRNewswire~ -- Gilbert A. Currie, chai rman of Chemical Financial Corporation (NASDAQ-NMS: CHFC), announced that today, Nov. 16, 1992, the board of directors of the company declared a quarterly cash dividend of $0.22 per share of common stock payable on Friday, Dec. 18, 1992, to shareholders of record on Dec. 4, 1992. The ex-dividend date is Nov. 30, 1992.
 Chemical Financial Corporation is one of the 10 largest bank holding companies in Michigan, and the company's nine subsidiary 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 company's common shares are traded in the over-the-counter market and are quoted on the NASDAQ National Market System under the symbol CHFC.
 -0- 11~16~92
 ~CONTACT: Aloysius J. Oliver of Chemical Financial Corporation, 517-839-5352~
 (CHFC)


CO: Chemical Financial Corporation ST: Michigan IN: FIN SU: DIV

JG -- DE029 -- 1368 11~16~92 14:30 EST
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Publication:PR Newswire
Date:Nov 16, 1992
Words:166
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