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CP&L DIRECTORS DECLARE DIVIDENDS

 RALEIGH, N.C., Sept. 15 /PRNewswire/ -- The board of directors of Carolina Power & Light (NYSE: CPL) today declared quarterly dividends on common and preferred stock during its meeting in Raleigh.
 The quarterly common stock dividend of 41 cents per share is payable Nov. 1, 1993, to shareholders of record as of Oct. 12, 1993.
 Dividends at the prescribed rate for preferred stock are $1.25 per share on the $5 series; $1.05 per share on the $4.20 series; $1.36 on the $5.44 series; $1.93 on the $7.72 series; and $1.9875 on the $7.95 series.
 The preferred dividends are payable Jan. 4, 1994, to shareholders of record as of Dec. 15, 1993.
 CP&L serves approximately 1 million customers in a 30,000-square- mile service area which includes much of central and eastern North Carolina, an area around Asheville in western North Carolina and the northeastern quarter of South Carolina.
 -0- 9/15/93
 /CONTACT: Kyle Hampton or Wade Pridgen of Carolina Power & Light, 919-546-6189 (24-Hour Media Line)/
 (CPL)


CO: Carolina Power & Light ST: North Carolina, South Carolina IN: UTI SU: DIV

MM -- CH010 -- 2273 09/15/93 13:12 EDT
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Publication:PR Newswire
Date:Sep 15, 1993
Words:198
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