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CHARTER POWER SYSTEMS ANNOUNCES THIRD QUARTER DIVIDEND

 CHARTER POWER SYSTEMS ANNOUNCES THIRD QUARTER DIVIDEND
 PLYMOUTH MEETING, Pa., Jan. 9 /PRNewswire/ -- Charter Power Systems,


Inc. (AMEX: CHP) announced that its board of directors declared, at its scheduled meeting today, a regular quarterly cash dividend of $.0275 a share, payable on Jan. 31, 1992, to stockholders of record as of the close of business on Jan. 21.
 Charter Power Systems, based in Plymouth Meeting, is a major North American manufacturer and supplier of products and services to the standby power and motive power markets with seven production facilities in the United States and Canada.
 /delval/
 -0- 1/9/92
 /CONTACT: Donald L. Nevins Jr. (financial), 215-834-7334, or Robert Schechter (shareholders), 212-661-8030, both of Charter Power Systems/
 (CHP) CO: Charter Power Systems, Inc. ST: Pennsylvania IN: SU: DIV


CC-MP -- PH014 -- 8252 01/09/92 13:19 EST
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Publication:PR Newswire
Date:Jan 9, 1992
Words:137
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