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FIRST FIDELITY DECLARES REGULAR QUARTERLY DIVIDEND; TWO NEW DIRECTORS ARE ELECTED

 FIRST FIDELITY DECLARES REGULAR QUARTERLY DIVIDEND;
 TWO NEW DIRECTORS ARE ELECTED
 LAWRENCEVILLE, N.J., Jan. 16 /PRNewswire/ -- The Board of Directors of First Fidelity Bancorporation (NYSE: FFB) today declared the regular quarterly dividend on the common stock of $.30 per share, payable on February 4, 1992, to shareholders of record at the close of business on January 27, 1992.
 The Board also elected two new directors: Gonzalo de Las Heras, 52, who is general manager of Banco Santander, and Juan Rodriguez Inciarte, 39, who is general manager and director of Banco Santander with responsibility for its branch banking network.
 On Tuesday of this week, First Fidelity reported fourth quarter 1991 earnings of $57.8 million or $.84 per common share on a fully diluted basis and full year earnings of $221.2 million or $3.31 per common share on a fully diluted basis.
 /delval /
 -0- 1/16/92
 /CONTACT: Paul J. Levine, 201-565-2949, Susan J. Campbell


(analysts), 609-895-6896, or Laura A. Schaible (analysts), 609-895-6895, all of First Fidelity Bancorporation/
 (FFB) CO: First Fidelity Bancorporation ST: New Jersey IN: FIN SU: DIV PER


JS -- PH014 -- 0463 01/16/92 11:24 EST
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Publication:PR Newswire
Date:Jan 16, 1992
Words:192
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