Printer Friendly

INTER-REGIONAL FINANCIAL GROUP DECLARES 8-CENT DIVIDEND

 MINNEAPOLIS, Oct. 27 /PRNewswire/ -- Inter-Regional Financial Group (NYSE: IFG), parent company of regional broker-dealers Dain Bosworth Incorporated, Minneapolis, and Rauscher Pierce Refsnes, Dallas, today announced that its board of directors has declared a regular quarterly cash dividend of 8 cents per share of common stock payable on November 24 to shareholders of record at the close of business on November 10. There are presently 8,123,802 shares of IFG common stock outstanding.
 Irving Weiser, president and chief executive officer, said that "IFG's financial performance continues to be outstanding and we are pleased to continue rewarding our shareholders with a regular quarterly dividend under the dividend program enacted by our board of directors."
 Inter-Regional Financial Group is, through Dain Bosworth Incorporated and Rauscher Pierce Refsnes, Inc., one of the nation's largest full-service regional brokerage and investment banking companies. IFG's two broker-dealers serve individual, institutional, corporate and governmental clients in 22 states, predominantly in the western half of the United States. IFG also is the parent company of Insight Investment Management, Inc., adviser for the Great Hall Funds, and Regional Operations Group, Inc., an operations and technology services subsidiary.
 The company's common stock is traded on the New York Stock Exchange under the symbol IFG. Effective November 1, the company's stock will appear in published newspaper listings as "IFG," rather than "IntRfn" or "IntRgnlFnl."
 -0- 10/27/93
 /CONTACT: B.J. French of IFG, 612-371-2363/
 (IFG)


CO: Inter-Regional Financial Group ST: Minnesota, Texas IN: FIN SU: DIV

DB-CP -- MN001 -- 7357 10/27/93 13:32 EDT
COPYRIGHT 1993 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1993 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Oct 27, 1993
Words:255
Previous Article:AMOCO CANADA SELECTED TO SUPPLY FUEL FOR CROCKETT COGENERATION PLANT
Next Article:IDC'S VIROTECH UNIT SECURES FAVORABLE TEST RESULTS WITH ANTI-HIV DRUG
Topics:

Terms of use | Copyright © 2016 Farlex, Inc. | Feedback | For webmasters