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FIRST FEDERAL INCREASES DIVIDEND AND ANNOUNCES STOCK SPLIT

 FIRST FEDERAL INCREASES DIVIDEND AND ANNOUNCES STOCK SPLIT
 LA CROSSE, Wis., April 20 /PRNewswire/ -- First Federal Capital Corp. (NASDAQ-NMS: FTFC) announced today that its board of directors had approved a 14 percent increase in its quarterly dividend from $.14 to $.16 per share. The dividend will be payable June 1 to stockholders of record on May 11, 1992.
 In another action, the board of directors also approved a 4-for-3 stock split in the form of a common stock dividend payable on June 8 to stockholders of record on May 11, 1992.
 "The increase in the dividend reflects the improved earnings of the company over the last several quarters," stated Thomas W. Schini, First Federal Capital Corp. president. Schini said that the 33 percent increase in the number of shares outstanding and corresponding reduction in stock price should broaden investor interest in the company and increase the liquidity of the company's shares.
 First Federal Capital Corp., currently with 1,926,085 shares outstanding, is traded on the Nasdaq National Market System under the symbol FTFC. Shares of the stock closed at a price of $24.75 on Monday, April 20.
 -0- 4/20/92
 /CONTACT: Bob Rousey of First Federal Capital,608-784-8000/
 (FTFC) CO: First Federal Capital Corp. ST: Wisconsin IN: FIN SU: DIV


AL -- MN018 -- 0237 04/20/92 16:53 EDT
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Publication:PR Newswire
Date:Apr 20, 1992
Words:222
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