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FLORIDA PROGRESS ANNOUNCES QUARTERLY DIVIDEND

 FLORIDA PROGRESS ANNOUNCES QUARTERLY DIVIDEND
 ST. PETERSBURG, Fla., Feb. 6 /PRNewswire/ -- The board of


directors of Florida Progress Corporation (NYSE: FPC) today declared a quarterly cash dividend of 71 cents on its common stock, announced David R. Kuzma, senior vice president and chief financial officer.
 The dividend is payable on March 20, 1992 to shareholders of record at the close of business March 5.
 Florida Progress is a diversified utility holding company with assets of $5 billion. Its principal subsidiary is St. Petersburg- based Florida Power Corporation, the state's second largest electric utility. Diversified operations include coal mining and transportation, life insurance and financial services.
 -0- 2/6/92
 /CONTACT: Sally Everett of Florida Progress Corporation, 813-824-6440/
 (FPC) CO: Florida Progress Corporation ST: Florida IN: UTI SU: DIV


JJ-AW -- FL014 -- 7810 02/06/92 14:29 EST
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No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1992 Gale, Cengage Learning. All rights reserved.

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Publication:PR Newswire
Date:Feb 6, 1992
Words:137
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