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FLEET FINANCIAL GROUP DECLARES PREFERRED STOCK DIVIDENDS

 PROVIDENCE, R.I., Jan. 21 /PRNewswire/ -- The board of directors of Fleet Financial Group (NYSE: FLT) today declared a dividend of 75 cents per share on the corporation's preferred stock with cumulative and adjustable dividends, $1 par value (FLT pr). A dividend of 75 cents per share was declared on the corporation's preferred stock with cumulative and adjustable dividends, $20 par value (FLT pr A).
 The board also declared regular quarterly dividends of $.6325 per depositary share on the corporation's Series III 10.12 percent Perpetual Preferred Stock (FLT pr B), and $.5859 per depositary share on the corporation's Series IV 9.375 percent Perpetual Preferred Stock (FLT pr C).
 The preferred stock dividends will be payable on March 1, 1993, to stockholders of record on Feb. 15, 1993.
 Fleet Financial Group is a $47-billion diversified financial services company listed on the New York Stock Exchange (NYSE: FLT) with approximately 1,100 offices nationwide. Its lines of business include commercial and consumer banking, mortgage banking, consumer finance, asset-based lending and leasing, investment management, and student loan processing.
 -0- 1/21/93
 /CONTACT: Robert W. Lougee, Jr., 401-278-5879, Bruce P. Crooks, 401-278-6241, (investors) Judith Ragge, 401-278-6444, or (media) Thomas L. Lavelle, 401-278-3003, all of Fleet Financial/
 (FLT)


CO: Fleet Financial Corporation ST: Rhode Island IN: FIN SU: DIV

CH -- NE018 -- 7527 01/21/93 14:59 EST
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Publication:PR Newswire
Date:Jan 21, 1993
Words:226
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