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CITIZENS CORPORATION DECLARES DIVIDEND

 WORCESTER, Mass., June 15 /PRNewswire/ -- The Board of Directors of Citizens Corporation (Citizens) (NYSE: CZC) has declared a quarterly dividend of 5 cents per share of common stock payable Aug. 16, 1993 to shareholders of record at the close of business July 26, 1993.
 Citizens, through its wholly-owned subsidiary, Citizens Insurance Company of America, is one of Michigan's leading underwriters of personal and commercial property and casualty insurance. Citizens is a member of Allmerica Financial (NYSE: APY), a diversified group of insurance and financial services companies headquartered in Worcester, Mass.
 -0- 6/15/93
 /CONTACT: Edward J. Parry, III, 508-855-4600, or Mark C. McGivney, 508-855-4019, (investors); Michael F. Buckley, 508-855-3099, (media), all of Allmerica Financial/
 (CZC APY)


CO: Citizens Corporation; Allmerica Financial ST: Massachusetts IN: FIN SU: DIV

DJ -- NE011 -- 2327 06/15/93 16:45 EDT
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Publication:PR Newswire
Date:Jun 15, 1993
Words:137
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