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THE ST. PAUL COMPANIES RAISES QUARTERLY DIVIDEND

 THE ST. PAUL COMPANIES RAISES QUARTERLY DIVIDEND
 ST. PAUL, Minn., Feb. 4 /PRNewswire/ -- At a regular meeting today


(Feb. 4, 1992) of the board of directors of The St. Paul Companies, Inc. (NYSE: SPK), the quarterly dividend of sixty-five cents ($.65) per share was increased to sixty-eight cents ($.68) per share, payable April 17, 1992, to shareholders of record as of the close of business
March 31, 1992. This is approximately a 4.5 percent increase over the existing level.
 "We believe dividends are an important component of our shareholders' total return," said Douglas W. Leatherdale, chairman and chief executive officer. "We have paid cash dividends without interruption for 120 years (since 1872) and have increased the payment rate by over 9 percent annually during the past five years. That is twice the growth of inflation during that five-year period."
 The St. Paul Companies is a worldwide insurance organization providing insurance underwriting and insurance brokerage services to customers in the commercial, industrial, institutional and personal marketplaces.
 -0- 2/4/92
 /CONTACT: Barbara Reynolds of The St. Paul Companies, 612-221-7399/
 (SPK) CO: The St. Paul Companies ST: Minnesota IN: INS SU: DIV


AL -- MN006 -- 6586 02/04/92 10:23 EST
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Publication:PR Newswire
Date:Feb 4, 1992
Words:200
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