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GLENDALE FEDERAL BANK DECLARES CASH DIVIDENDS ON ITS SERIES D AND SERIES E NONCUMULATIVE PREFERRED STOCKS

 GLENDALE, Calif., Nov. 16 /PRNewswire/ -- Glendale Federal Bank (NYSE: GLN) today announced that its Board of Directors has declared quarterly cash dividends on both its Noncumulative Convertible Preferred Stock, Series D, and its Noncumulative Preferred Stock, Series E, for the initial dividend period ended Nov. 30, 1993.
 A cash dividend of $0.024000 per share will be paid to holders of the Series D stock, and a dividend of $0.583333 per share will be paid to holders of the Series E stock.
 Both dividends will be payable Jan. 3, 1994, to shareholders of record on Dec. 3, 1993.
 Glendale Federal Bank is one of the nation's largest savings institutions, providing community banking services through 215 banking offices in California, Florida and Washington State.
 -0- 11/16/93
 /CONTACT: Judy Cunningham, 818-500-2274, or Jeff Misakian, 818-500-2824/
 (GLN)


CO: Glendale Federal Bank ST: California IN: FIN SU: DIV

JB-EH -- LA024 -- 5061 11/16/93 11:56 EST
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Publication:PR Newswire
Date:Nov 16, 1993
Words:156
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