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DUKE POWER DECLARES QUARTERLY DIVIDEND

 DUKE POWER DECLARES QUARTERLY DIVIDEND
 CHARLOTTE, N.C., Oct. 27 /PRNewswire/ -- Duke Power Co.'s


(NYSE: DUK) board of directors today approved a quarterly cash dividend on the company's common stock of 45 cents a share, unchanged from its previous level. The dividend is payable on Dec. 16, 1992, to shareholders of record on Nov. 13, 1992.
 This is the 66th consecutive year that the utility has paid quarterly cash dividends on its common stock.
 The utility's board of directors also announced that the company will be paying quarterly dividends on its preferred stock on Dec. 16 to shareholder of record on Nov. 13.
 -0- 10/27/92
 /CONTACT: Randy Wheeless, Duke Power Co., 704-382-8379 or home, 704-535-8743/
 (DUK) CO: Duke Power Company ST: North Carolina IN: UTI SU: DIV


MM -- CH008 -- 5525 10/27/92 14:37 EST
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Publication:PR Newswire
Date:Oct 27, 1992
Words:139
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