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NWNL COMPANIES DECLARES PREFERRED STOCK DIVIDEND

 MINNEAPOLIS, Nov. 11 /PRNewswire/ -- The NWNL Companies (NYSE: NWN) today declared a dividend on its 10 percent senior cumulative preferred stock (NYSE: NWN pf).
 The dividend of 62.5 cents per depository share will be distributed Dec. 31, 1993 to holders of depository shares at the close of business on Dec. 16. Each depository share represents one-quarter share of the preferred stock.
 Dividends on these preferred shares are equivalent to $2.50 per depository share per year.
 The NWNL Companies is a Minneapolis-based holding company specializing in the life and health insurance and annuity businesses.
 -0- 11/11/93
 /CONTACT: Jan Pedersen of NWNL Companies, 612-372-5623/
 (NWN)


CO: NWNL Companies ST: Minnesota IN: INS SU: DIV

CP-DB -- MN016 -- 3278 11/11/93 13:41 EST
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Publication:PR Newswire
Date:Nov 11, 1993
Words:125
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