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METROPOLITAN FINANCIAL DECLARES CASH DIVIDEND

 MINNEAPOLIS, Sept. 28 /PRNewswire/ -- The Board of Directors of Metropolitan Financial Corporation (NYSE: MFC) today declared a quarterly cash dividend of $0.10 per common share to be paid on October 29, 1993 to shareholders of record October 15, 1993.
 A dividend of $0.72 per share was declared on the company's $2.876 cumulative perpetual preferred stock, Series B, payable to shareholders of record October 15, 1993. This dividend will be paid on October 29, 1993. The Series B preferred was issued November 28, 1990 as part of a Units underwriting and trades on the NASDAQ System under the symbol MFCNP.
 Metropolitan Financial Corporation is a regional financial services holding company. Its full service consumer savings bank, Metropolitan Federal Bank, fsb, Fargo, North Dakota, operates over 190 offices in the states of Minnesota, North Dakota, South Dakota, Nebraska, Iowa, Kansas, Wisconsin and Arizona.
 The company has over 30 million shares of common stock outstanding and has paid dividends consistently since its initial public offering in 1983.
 -0- 09/28/93
 /CONTACT: William P. Bartowski, Metropolitan Financial Corporation, 612-928-5000/


CO: Metropolitan Financial Corporation ST: Minnesota IN: FIN SU: DIV

CP-DB -- MN011 -- 6417 09/28/93 13:47 EDT
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Publication:PR Newswire
Date:Sep 28, 1993
Words:198
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