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MNC FINANCIAL DECLARES DIVIDENDS ON ITS ADJUSTABLE RATE CUMULATIVE PREFERRED STOCK

 BALTIMORE, Aug. 19 /PRNewswire/ -- MNC Financial, Inc. (NYSE: MNC) announced today that its board of directors has declared third quarter dividends on its Adjustable Rate Cumulative Preferred Stock ($50 Liquidation Preference) payable Sept. 30, 1993, to stockholders of record Sept. 15.
 The dividend rates are as follows:
 -- Series CC: $0.725 per share, or 5.80 percent per annum
 -- Series DD: $0.700 per share, or 5.60 percent per annum
 -0- 8/19/93
 /CONTACT: Daniel G. Finney, senior vp, corporate communications, of MNC Financial, 410-547-4038/
 (MNC)


CO: MNC Financial, Inc. ST: Maryland IN: FIN SU: DIV

MK -- PH019 -- 4375 08/19/93 13:51 EDT
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Publication:PR Newswire
Date:Aug 19, 1993
Words:107
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