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DELMARVA POWER DECLARES DIVIDENDS

 WILMINGTON, Del., Feb. 26 /PRNewswire/ -- Delmarva Power & Light Company (NYSE: DEW) today announced the following quarterly dividends have been declared on preferred stock for payment on March 31, 1993, to stockholders of record at the close of business March 10:
 4 pct. Preferred Stock -- Dividend of 1 pct. ($1 per share)
 3.70 pct. Preferred Stock -- Dividend of .925 pct.
 (92-1/2 cents per share)
 4.28 pct. Preferred Stock -- Dividend of 1.07 pct. ($1.07 per share)
 4.56 pct. Preferred Stock -- Dividend of 1.14 pct. ($1.14 per share)
 4.20 pct. Preferred Stock -- Dividend of 1.05 pct. ($1.05 per share)
 5 pct. Preferred Stock -- Dividend of 1.25 pct. ($1.25 per share)
 7.84 pct. Preferred Stock -- Dividend of 1.96 pct. ($1.96 per share)
 7.52 pct. Preferred Stock -- Dividend of 1.88 pct. ($1.88 per share)
 7.88 pct. Preferred Stock -- Dividend of 1.97 pct. ($1.97 per share)
 Adjustable Rate Preferred Stock Series A -- Dividend of 1.4125 pct.
 ($1.4125 per share)
 7.75 pct. Preferred Stock -- Dividend of .484375 pct.
 ($.484375 per share)
 /delval/
 -0- 2/26/93
 /CONTACT: Wallace C. Judd Jr., manager of media relations of Delmarva Power, 302-429-3595/
 (DEW)


CO: Delmarva Power and Light Company ST: Delaware IN: UTI SU: DIV

MJ-JS -- PH026 -- 0950 02/26/93 15:34 EST
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Publication:PR Newswire
Date:Feb 26, 1993
Words:229
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