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METROPOLITAN FINANCIAL DECLARES QUARTERLY DIVIDEND

 MINNEAPOLIS, March 23 /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 April 30, 1993 to shareholders of record April 15, 1993.
 A dividend of $0.72 per share was declared on the company's $2.875 cumulative perpetual preferred stock, Series B, to shareholders of record April 15, 1993. This dividend will be paid on April 30, 1993. The Series B preferred was issued Nov. 28, 1990 as part of a Units underwriting and began trading separately from its warrant on Jan. 15, 1991.
 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 160 offices in the states of Minnesota, North Dakota, South Dakota, Nebraska, Iowa, Wisconsin and Arizona.
 Metropolitan is one of the Twin Cities' largest originators of residential mortgage loans. The corporation's real estate sales and brokerage subsidiary, Edina Realty, Inc., serves Minnesota and western Wisconsin with over 1750 sales associates in 45 locations.
 -0- 3/23/93
 /CONTACT: William P. Bartkowski of Metropolitan Financial, 612-928-5003/
 (MFC)


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

KH -- MN014 -- 8738 03/23/93 14:32 EST
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Publication:PR Newswire
Date:Mar 23, 1993
Words:212
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