SUPPLEMENT TO THE 
FIDELITY DIVIDEND 
GROWTH FUND
PROSPECTUS
DATED SEPTEMBER 19, 1994
The following information 
supplements that found in the 
"The Fund in Detail" section, 
found on page 9.
   Steven Wymer is manager of 
Dividend Growth, which he 
has managed since May 
1995.  Previously, he 
managed Select Automotive 
and Chemicals, and he 
assisted on Magellan.  Mr. 
Wymer joined Fidelity in 
1989.    
The following information 
replaces the similar 
information found in the 
Expenses section beginning 
on page 5.
EXPENSES 
SHAREHOLDER TRANSACTION 
EXPENSES are charges you 
pay when you buy, sell, or 
hold shares of a fund. See 
page 25 for more information 
about these fees.
Maximum sales charge on 
purchases and 
reinvested distributions None
Deferred sales charge on 
redemptions None
Exchange fee None
Annual account maintenance fee 
$12.00
(for accounts under $2,500)
The following paragraph 
supplements the information 
found in the section entitled 
Transaction Details beginning 
on page 25. 
FIDELITY RESERVES THE RIGHT 
TO DEDUCT AN ANNUAL 
MAINTENANCE FEE of $12.00 
from accounts with a value of 
less than $2,500, subject to 
an annual maximum charge 
of $60.00 per shareholder. It 
is expected that accounts will 
be valued on the second 
Friday in November of each 
year. Accounts opened after 
September 30 will not be 
subject to the fee for that 
year. The fee, which is 
payable to the transfer agent, 
is designed to offset in part 
the relatively higher costs of 
servicing smaller accounts. 
The fee will not be deducted 
from retirement accounts 
(except non-prototype 
retirement accounts), 
accounts using regular 
investment plans, or if total 
assets in Fidelity funds 
exceed $50,000. Eligibility for 
the $50,000 waiver is 
determined by aggregating 
Fidelity mutual fund accounts 
maintained by FSC or FBSI 
which are registered under 
the same social security 
number or which list the 
same social security number 
for the custodian of a 
Uniform Gifts/Transfers to 
Minors Act account.
SUPPLEMENT TO THE 
FIDELITY DIVIDEND 
GROWTH FUND
PROSPECTUS
DATED SEPTEMBER 19, 1994
The following information 
supplements that found in the 
"The Fund in Detail" section, 
found on page 9.
   Steven Wymer is manager of 
Dividend Growth, which he 
has managed since May 
1995.  Previously, he 
managed Select Automotive 
and Chemicals, and he 
assisted on Magellan.  Mr. 
Wymer joined Fidelity in 
1989.    
The following information 
replaces the similar 
information found in the 
Expenses section beginning 
on page 5.
EXPENSES 
SHAREHOLDER TRANSACTION 
EXPENSES are charges you 
pay when you buy, sell, or 
hold shares of a fund. See 
page 25 for more information 
about these fees.
Maximum sales charge on 
purchases and 
reinvested distributions None
Deferred sales charge on 
redemptions None
Exchange fee None
Annual account maintenance fee 
$12.00
(for accounts under $2,500)
The following paragraph 
supplements the information 
found in the section entitled 
Transaction Details beginning 
on page 25. 
FIDELITY RESERVES THE RIGHT 
TO DEDUCT AN ANNUAL 
MAINTENANCE FEE of $12.00 
from accounts with a value of 
less than $2,500, subject to 
an annual maximum charge 
of $60.00 per shareholder. It 
is expected that accounts will 
be valued on the second 
Friday in November of each 
year. Accounts opened after 
September 30 will not be 
subject to the fee for that 
year. The fee, which is 
payable to the transfer agent, 
is designed to offset in part 
the relatively higher costs of 
servicing smaller accounts. 
The fee will not be deducted 
from retirement accounts 
(except non-prototype 
retirement accounts), 
accounts using regular 
investment plans, or if total 
assets in Fidelity funds 
exceed $50,000. Eligibility for 
the $50,000 waiver is 
determined by aggregating 
Fidelity mutual fund accounts 
maintained by FSC or FBSI 
which are registered under 
the same social security 
number or which list the 
same social security number 
for the custodian of a 
Uniform Gifts/Transfers to 
Minors Act account.
DGF-95-2 May 30, 1995
DGF-95-2 May 30, 1995