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FLEET FINANCIAL GROUP DECLARES PREFERRED STOCK DIVIDENDS

 FLEET FINANCIAL GROUP DECLARES PREFERRED STOCK DIVIDENDS
 PROVDENCE, R.I., April 15 /PRNewswire/ -- The Board of Directors


of Fleet Financial Group (NYSE: FNG; FLT as of 4/20/92) today declared a dividend of 75 cents per share on the corporation's preferred stock with cumulative and adjustable dividends, $1 par value. A dividend of 75 cents per share also was declared on the corporation's preferred stock with cumulative and adjustable dividends, $20 par value.
 The board declared regular quarterly dividends of $.6325 per depositary share on the corporation's Series III 10.12 percent Perpetual Preferred Stock, and $.5859 per depositary share on the corporation's Series IV 9.375 percent Perpetual Preferred Stock.
 The dividends will be payable on June 1, 1992 to stockholders of record on May 15, 1992.
 Fleet Financial Group is a diversified financial services company listed on the New York Stock Exchange with approximately 1,300 offices nationwide. Its line of business include commercial and consumer banking, mortgage banking, consumer finance, asset-based lending, investment management, and student loan processing.
 -0- 4/15/92
 /CONTACT: Robert W. Lougee, Jr., 401-278-5879 or Bruce P. Crooks, 401-278-6241 or Thomas L. Lavelle (media), 401-278-3003, or Judith B. Ragge (investor) 401-278-6444, all of Fleet Financial Group/
 (FNG FLT) CO: Fleet Financial Group ST: Rhode Island IN: FIN SU: DIV


DD -- NE013 -- 8693 04/15/92 12:22 EDT
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Copyright 1992 Gale, Cengage Learning. All rights reserved.

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Publication:PR Newswire
Date:Apr 15, 1992
Words:226
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