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SIGNET BANKING CORPORATION DECLARES DIVIDEND

 SIGNET BANKING CORPORATION DECLARES DIVIDEND
 RICHMOND, Va., Jan. 28 /PRNewswire/ -- The board of directors of


Signet Banking Corporation (NYSE: SBK) today declared a quarterly dividend on its outstanding shares of common stock amounting to approximately $5.4 million.
 Robert M. Freeman, Jr., Chairman and Chief Executive Officer, announced that a dividend of $.20 per share would be paid on Feb. 26, 1992, to stockholders of record at the close of business of Feb. 10, 1992.
 Signet Banking Corporation is an $11.2 billion organization with 241 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- 1/28/92
 /CONTACT: S. Joseph Ward, Public Relations Director, Signet Banking Corporation, 804-771-7210/
 (SBK) CO: Signet Banking Corporation ST: Virginia IN: FIN SU: DIV


DF -- CH016 -- 4254 01/28/92 12:34 EST
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Copyright 1992 Gale, Cengage Learning. All rights reserved.

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Publication:PR Newswire
Date:Jan 28, 1992
Words:181
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