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SIGNET BANKING CORPORATION DECLARES DIVIDEND

 SIGNET BANKING CORPORATION DECLARES DIVIDEND
 RICHMOND, Va., April 21 /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 May 26, 1992, to stockholders of record at the close of business on May 4, 1992.
 Signet Banking Corporation is an $11.3 billion organization with 237 full-service banking offices throughout Virginia, Maryland and the District of Columbia. A major provider of corporate, commercial and real estate finance, Signet also offers credit card, home equity loans and consumer finance services through its branches.
 In addition, Signet is an active home loan provider and offers a full range of investment services including municipal bond, government and federal agency securities, money market sales and trading and foreign exchange services. Signet also provides an international operation concentrating on trade finance, and specialized services for discount brokerage, mutual funds, trust, leasing, asset based lending, cash management, insurance and investment banking.
 -0- 4/21/92
 /CONTACT: S. Joseph Ward of Signet, 804-771-7210/
 (SBK) CO: Signet Banking Corporation ST: Virginia IN: FIN SU: DIV


AH -- NY101 -- 0852 04/21/92 16:20 EDT
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Copyright 1992 Gale, Cengage Learning. All rights reserved.

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Publication:PR Newswire
Date:Apr 21, 1992
Words:216
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