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FLEET FINANCIAL GROUP DECLARES COMMON AND PREFERRED STOCK DIVIDENDS

 FLEET FINANCIAL GROUP DECLARES COMMON AND PREFERRED STOCK DIVIDENDS
 PROVIDENCE, R.I., Aug. 19 /PRNewswire/ -- The board of directors of Fleet Financial Group (NYSE: FLT) today declared a regular quarterly dividend of 20 cents per share on its common stock, it was announced by Terrence Murray, chairman and chief executive officer.
 The common stock dividend will be payable on Oct. 1, 1992, to stockholders of record on Sept. 3, 1992.
 The board also declared a dividend of $3.00 per share on the corporation's preferred stock, Series I, and $1.625 per share on its preferred stock, Series II. The preferred stock dividends are payable on Oct. 15, 1992, to stockholders of record on Sept. 30, 1992.
 Fleet Financial Group is a diversified financial services company listed on the New York Stock Exchange (NYSE: FLT) with approximately 1,300 offices nationwide. Its lines of business include commercial and consumer banking, mortgage banking, consumer finance, asset-based lending, investment management and student loan processing.
 -0- 8/19/92
 /CONTACT: Judith B. Ragge, investor relations, 401-278-6444; Robert W. Lougee, Jr., vice president, corporate communications, 401-278-5879; Bruce P. Crooks, 401-278-6241, or Thomas L. Lavelle, 401-278-3003/ CO: Fleet Financial Group ST: Rhode Island IN: FIN SU: DIV


CN -- NE007 -- 1261 08/19/92 09:56 EDT
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Publication:PR Newswire
Date:Aug 19, 1992
Words:211
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