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First Union Corporation Declares Cash Dividend on Common Stock CHARLOTTE - The board of directors of First Union Corporation today declared a regular quarterly dividend of 37 cents per share on its common stock (NYSE:FTU). The common stock dividend is payable on June 15, 1998, to holders of record as of the close of business on May 29, 1998. First Union Corporation is a leading provider of financial services to more than 12 million retail and corporate customers throughout the East Coast and the nation. It is the nation's sixth-largest bank holding company with assets of $172 billion as of March 31, 1998. --END-- |
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