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COLORADO NATIONAL BANKSHARES INCREASES DIVIDEND 50 PERCENT

 COLORADO NATIONAL BANKSHARES INCREASES DIVIDEND 50 PERCENT
 DENVER, April 27 /PRNewswire/ -- At its April meeting, the board of directors of Colorado National Bankshares Inc., (NASDAQ: COLC) declared a dividend of 6 cents per share, the first increase in the quarterly dividend since the first quarter of 1989, when a 4 cent dividend was declared. The dividend will be paid June 1, 1992, to shareholders of record on May 15, 1992.
 Colorado National Bankshares is a bank holding company headquartered in Denver. The company is comprised of nine commercial banks providing 24 banking offices throughout Colorado as well as several other bank-related subsidiaries including a mortgage banking company, a leasing company and an insurance agency. It is also manager and 50 percent owner of Rocky Mountain BankCard System Inc., a national credit card issuer and one of the largest processors of credit card transactions in the country.
 -0- 4/27/92
 /CONTACT: James L. Basey of Colorado National Bankshares, 303-629-1968/
 (COLC) CO: Colorado National Bankshares Inc. ST: Colorado IN: FIN SU: DIV


MC -- DV003 -- 3318 04/27/92 15:48 EDT
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Publication:PR Newswire
Date:Apr 27, 1992
Words:180
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