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FIRST BANK SYSTEM DECLARES REGULAR QUARTERLY DIVIDEND

 FIRST BANK SYSTEM DECLARES REGULAR QUARTERLY DIVIDEND
 MINNEAPOLIS, Aug. 19 /PRNewswire/ -- Directors of First Bank System,


Inc. (NYSE: FBS) today declared a regular quarterly dividend of 22.5 cents per share of common stock. The dividend is payable Sept. 15, 1992 to shareholders of record at the close of business Sept. 2, 1992.
 At this dividend rate, the annual dividend is equivalent to 90 cents per share. There are approximately 80.0 million shares of common stock outstanding at this date.
 The directors also declared dividends on four series of the company's preferred stock. The dividends for each series are payable Sept. 30 to shareholders of record at the close of business Sept. 8, as follows:
 Preferred Stock Dividend Per Current Par
 Series Share Value Yield
 1983 Adjustable Rate $1.625 6.5 Percent
 1989 Fixed Rate $.65625 10.5 Percent
 1989 Adjustable Rate $1.04375 8.35 Percent
 1991 Convertible $0.890625 7.125 Percent
 -0- 8/19/92
 /CONTACT: Wendy Raway (Media), 612-370-5154, or Thomas Rice (Investor), 612-370-3596, both of First Bank System/
 (FBS) CO: First Bank System, Inc. ST: Minnesota IN: FIN SU: DIV


AL -- MN007 -- 1416 08/19/92 14:54 EDT
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Copyright 1992 Gale, Cengage Learning. All rights reserved.

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Publication:PR Newswire
Date:Aug 19, 1992
Words:196
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