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FIRST FIDELITY DECLARES DIVIDENDS ON PREFERRED STOCK

 FIRST FIDELITY DECLARES DIVIDENDS ON PREFERRED STOCK
 LAWRENCEVILLE, N.J., Aug. 20 /PRNewswire/ -- The board of directors


of First Fidelity Bancorporation (NYSE: FFB) today approved payment of the regular quarterly dividends on all classes of its preferred stock.
 First Fidelity Bancorporation Series B Convertible Preferred Stock will pay a dividend of $.5375 per share on Oct. 1, 1992, to shareholders of record at the close of business on Aug. 31.
 First Fidelity Bancorporation Series D Adjustable Rate Cumulative Preferred Stock will pay a dividend of $1.88 per share on Oct. 1, 1992, to shareholders of record at the close of business on Aug. 31.
 First Fidelity Bancorporation Series F 10.64 Percent Preferred Stock will pay a dividend of $.665 per depositary share on Oct. 1, 1992, to shareholders of record at the close of business on Aug. 31.
 First Fidelity is the largest banking organization headquartered in New Jersey. With more than 500 branches in eastern Pennsylvania, New Jersey and New York, its principal affiliates are the First Fidelity banks in New Jersey and New York; Fidelity Bank of Philadelphia; Merchants Bank of Allentown, Pa.; and Merchants Bank (North) of Wilkes- Barre, Pa.
 /delval/
 -0- 8/20/92
 /CONTACT: Paul J. Levine, 201-565-2949, or Laura A. Schaible


(analysts), 201-565-3397, both of First Fidelity Bancorporation/
 (FFB) CO: First Fidelity Bancorporation ST: New Jersey IN: FIN SU: DIV


LJ -- PH012 -- 1659 08/20/92 11:08 EDT
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Publication:PR Newswire
Date:Aug 20, 1992
Words:237
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