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QUARTERLY DIVIDEND DECLARED AT WACHOVIA

 QUARTERLY DIVIDEND DECLARED AT WACHOVIA
 WINSTON-SALEM, N.C., April 24 /PRNewswire/ -- The board of directors


of Wachovia Corporation (NYSE: WB) today declared a second quarter dividend of $.50 per share on common stock payable June 1, 1992, to shareholders of record on May 8, 1992.
 The dividend is unchanged from the previous quarter and is 8.7 percent higher than the $.46 per share paid in the second quarter of 1991. For the year to date, the dividend totals $1.00 per share, up 8.7 percent from the $.92 per share paid in the first half of 1991.
 Wachovia Corporation's common shares are traded on the New York Stock Exchange under the symbol WB.
 -0- 4/24/92
 /CONTACT: (Media) Nancy P. Lovelace, 919-770-5696, or (Analyst) Robert S. McCoy Jr., 919-770-5926, or James C. Mabry, 919-770-5788, all of Wachovia Corporation/
 (WB) CO: Wachovia Corporation ST: North Carolina IN: FIN SU: DIV


CM -- CH007 -- 2442 04/24/92 12:08 EDT
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Copyright 1992 Gale, Cengage Learning. All rights reserved.

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Publication:PR Newswire
Date:Apr 24, 1992
Words:161
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