MBIA declares 21 cent quarterly dividend.

MBIA Inc. this week declared a regular quarterly dividend of 21 cents per common share.

The dividend is payable July 15, 1993, to shareholders of record June 25, 1993, the company said in a statement Monday.

Municipal Bond Investors Assurance Corp., a wholly-owned subsidiary of MBIA Inc., is the nation's largest insurer of municipal bonds.

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