Printer Friendly

MAGNA GROUP DECLARES QUARTERLY DIVIDEND OF 17 CENTS

 MAGNA GROUP DECLARES QUARTERLY DIVIDEND OF 17 CENTS
 ST. LOUIS, July 23 /PRNewswire/ -- The board of directors of Magna


Group, Inc. (NASDAQ-NMS: MAGI) has declared quarterly cash dividends of 17 cents per share of common stock, 37.5 cents per share of Class B preferred stock, and $1.75 per share of Class C preferred stock.
 The dividend on common stock is payable on September 10, 1992 to stockholders of record on August 15, 1992; the dividends on both classes of preferred stock are payable on October 1, 1992 to stockholders of record September 15, 1992.
 Magna Group, Inc., a $3.7 billion multibank holding company, operates 87 community banking locations in Illinois and Missouri and is the third-largest bank holding company based in St. Louis. Within the St. Louis metropolitan area, Magna has 62 offices with approximately $2.8 billion in assets. Magna also operates 11 banking locations in Southern Missouri and Kansas City, Missouri which are reported as net assets held for sale.
 -0- 7/23/92
 /CONTACT: George Klann, 314-963-2569 or Mary E. Scholz, 314-963-2545, both of Magna/
 (MAGI) CO: Magna Group Inc. ST: Missouri IN: FIN SU: DIV


TQ -- NY025 -- 2330 07/23/92 09:40 EDT
COPYRIGHT 1992 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1992 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Jul 23, 1992
Words:201
Previous Article:FIRST USA REPORTS INCREASED NET INCOME FOR FOURTH QUARTER, FISCAL 1992
Next Article:BANCO SANTANDER REPORTS 17 PERCENT GAIN IN FIRST HALF NET INCOME: CONTAINMENT OF EXPENSES IMPROVES OPERATING MARGIN
Topics:


Related Articles
ALLEN GROUP DECLARES QUARTERLY CASH DIVIDENDS 10 PERCENT STOCK DIVIDEND
SCEcorp AND EDISON DECLARE DIVIDENDS
MAGNA GROUP INCREASES DIVIDEND
MAGNA GROUP, INC. DECLARES DIVIDEND
MAGNA GROUP DECLARES QUARTERLY DIVIDEND
FIRST EMPIRE DECLARES QUARTERLY DIVIDEND
BankUnited Financial Declares Regular Quarterly Cash Dividends On Three Classes Of Preferred Stock
First Virginia Declares First Quarter Dividend
First Virginia Increases Fourth Quarter Dividend by 14.3%.
Corrected Payable Date for First Virginia 4th Quarter Dividend.

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