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BOSTON EDISON COMMON STOCK DIVIDEND INCREASE

 BOSTON EDISON COMMON STOCK DIVIDEND INCREASE
 BOSTON, Dec. 2 /PRNewswire/ -- At a special meeting today, Boston


Edison Company's (NYSE: BSE) board of directors voted to raise the dividend on the company's common stock 3.8 percent to an annual rate of $1.64 per share, up from $1.58 per share. This is the company's second consecutive annual increase.
 Chief Executive Officer Bernard W. Reznicek said the dividend increase "reflects the Company's financial progress in spite of a sluggish economy as well as our confidence in long-term prospects."
 The increase was voted for the company's next quarterly common stock dividend which is to be paid on Feb. 3, 1992 to holders of record as of Jan. 10, 1992 at a rate of 41 cents per share.
 Dividends on the company's other stock securities to be paid in February will be voted at the board's regular meeting scheduled for Dec. 19, 1991.
 -0- 12/2/91
 /CONTACT: Daniel L. Desjardins of Boston Edison, 617-424-3562, or 617-424-2055 (evenings and weekends)/
 (BSE) CO: Boston Edison Company ST: Massachusetts IN: OIL SU: DIV


PB-KM -- NE006 -- 8366 12/02/91 12:43 EST
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Publication:PR Newswire
Date:Dec 2, 1991
Words:188
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