GPU board declares common stock dividend.PARSIPPANY, N.J.--(BUSINESS WIRE)--Dec. 7, 1995--The Board of Directors of General Public Utilities Corporation (NYSE NYSE See: New York Stock Exchange : GPU GPU: see secret police. (Graphics Processing Unit) A specialized logic chip devoted to rendering 2D or 3D images. Display adapters contain one or more GPUs for fast graphics rendering. ) today declared a regular quarterly common stock dividend of 47 cents a share, payable Feb. 28, 1996 to shareholders of record Jan. 26, 1996. GPU is a registered utility holding company. Its three operating utility subsidiaries -- Metropolitan Edison, Pennsylvania Pennsylvania (pĕnsəlvā`nyə), one of the Middle Atlantic states of the United States. It is bordered by New Jersey, across the Delaware River (E), Delaware (SE), Maryland (S), West Virginia (SW), Ohio (W), and Lake Erie and New York Electric and Jersey Central Power & Light -- provide electric service to more than 1.9 million customers in Pennsylvania and New Jersey. GPU also owns all of the common stock of the Energy Initiatives Group, which is in the business of developing, owning, operating and investing in cogeneration cogeneration In power systems, use of steam for both power generation and heating. High-temperature, high-pressure steam from a boiler and superheater first passes through a turbine to produce power. and other nonutility power production facilities domestically and abroad. CONTACT: General Public Utilities Corporation John T. Fidler 201/263-6479 (office) 201/328-8494 (home) |
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