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SUNTRUST INCREASES DIVIDEND 12 PERCENT; $1.12 NEW INDICATED ANNUAL RATE

 SUNTRUST INCREASES DIVIDEND 12 PERCENT;
 $1.12 NEW INDICATED ANNUAL RATE
 ATLANTA, Nov. 10 /PRNewswire/ -- The board of directors of SunTrust Banks, Inc. (NYSE: STI) today voted a 12 percent increase in the cash dividend paid on the company's common stock.
 This action by the board raises the indicated annual cash dividend rate from $1.00 to $1.12 per common share.
 A quarterly cash dividend at the new rate of $0.28 per common share was declared payable Dec. 15 to shareholders of record Dec. 1. The new quarterly dividend payment totals $35.0 million on the approximately 125.2 million shares of SunTrust common stock outstanding.
 -0- 11/10/92
 /CONTACT: Media: Willis Johnson, 404-588-8211; Investors/Analysts: Jim Armstrong, 404-588-7425, both of SunTrust Banks/
 (STI) CO: SunTrust Banks, Inc. ST: Georgia IN: FIN SU: DIV


BN-EA -- AT011 -- 9220 11/10/92 11:01 EST
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Publication:PR Newswire
Date:Nov 10, 1992
Words:146
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