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SIGNET BANKING CORPORATION DECLARES DIVIDEND

 SIGNET BANKING CORPORATION DECLARES DIVIDEND
 RICHMOND, Va., Nov. 1 /PRNewswire/ -- The board of directors of


Signet Banking Corporation (NYSE: SBK) at its meeting today declared a quarterly dividend on its outstanding shares of common stock amounting to approximately $5.4 million.
 Robert M. Freeman, Chairman and Chief Executive Officer of the multi-bank, multi-state bank holding company, announced that a dividend of $.20 per share on the Corporation's outstanding common stock would be paid November 27, 1991 to stockholders of record at the close of business on November 12, 1991.
 Signet Banking Corporation is an $11.5 billion organization with 244 full-service banking offices throughout Virginia, Maryland and the District of Columbia. It also offers investment services including municipal bond, government, federal agency and money market sales and trading, foreign exchange trading and discount brokerage, an international operation concentrating on trade finance, and specialized services for trust, leasing, asset based lending, cash management, real estate, insurance, consumer financing and investment banking.
 -0- 11/1/91
 /CONTACT: S. Joseph Ward, Public Relations Director, Signet Banking Corporation, 804-771-7210/
 (SBK) CO: Signet Banking corporation ST: Virginia IN: FIN SU: DIV JM -- CH020 -- 0350 11/01/91 16:01 EST
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Copyright 1991 Gale, Cengage Learning. All rights reserved.

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Publication:PR Newswire
Date:Nov 1, 1991
Words:195
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