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JOHN ALDEN FINANCIAL CORPORATION DECLARES FIRST QUARTER 1993 DIVIDEND OF 6 CENTS PER SHARE

 MIAMI, March 18 /PRNewswire/ -- The board of directors of John Alden Financial Corporation (NYSE: JA) today declared a regular first quarter dividend of 6 cents per share on the common stock of the company.
 The dividend will be paid on April 20, 1993 to holders of record at the close of business on March 30, 1993.
 John Alden Financial Corporation is an insurance holding company that, through its subsidiaries, is principally engaged in providing group life and health insurance and other employee benefits for small businesses. The company is one of the largest insurance company providers of group insurance in this market. John Alden also markets annuities and long-term care policies, low-load life insurance, credit life and health insurance, automobile and retail extended service contracts and other risk management services and insurance related products.
 -0- 3/18/93
 /CONTACT: Scott L. Stanton of John Alden Financial Corporation, 305-470-3767/
 (JA)


CO: John Alden Financial Corporation ST: Florida IN: INS SU: DIV

KD-KW -- NY065 -- 7566 03/18/93 15:07 EST
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Publication:PR Newswire
Date:Mar 18, 1993
Words:169
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