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DUKE POWER DECLARES QUARTERLY DIVIDEND

 CHARLOTTE, N.C., April 29 /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 June 16, 1993, to shareholders of record on May 14, 1993.
 This is the 67th 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 June 16 to shareholders of record on May 14.
 -0- 4/29/93
 /CONTACT: Randy Wheeless, Duke Power Company, 704-382-8379, or (home) 704-535-8743 or 704-594-0681/
 (DUK)


CO: Duke Power Company ST: North Carolina, South Carolina IN: UTI SU: DIV

SB -- CH009 -- 2698 04/29/93 13:38 EDT
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Publication:PR Newswire
Date:Apr 29, 1993
Words:138
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