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GTE DECLARES DIVIDEND OF 47 CENTS PER SHARE ON THE COMPANY'S COMMON STOCK

 STAMFORD, Conn., Nov. 11 /PRNewswire/ -- GTE Corp.'s (NYSE: GTE) board of directors today declared a dividend of 47 cents per share on the company's common stock. It will be payable on Jan. 1, 1994, to shareholders of record on Nov. 22, 1993.
 Regular quarterly dividends also were declared as follows on the company's preferred stocks: 55 cents per share on the 4.40 percent preferred stock; 96.875 cents per share on the 7.75 percent preferred stock; 98.125 cents per share on the 7.85 percent preferred stock; 50 cents per share on the 4.00 percent convertible preferred stock; 54.5 cents per share on the 4.36 percent convertible preferred stock; 59.375 cents per share on the 4.75 percent convertible preferred stock; 62.5 cents per share on the 5.00 percent convertible preferred stock; 63.125 cents per share on the 5.05 percent convertible preferred stock; 66 cents per share on the 5.28 percent convertible preferred stock; 66.875 cents per share on the 5.35 percent convertible preferred stock; 68.75 cents per share on the 5.50 percent convertible preferred stock; 61.875 cents per share on the $2.475 no par preferred stock; and, 50 cents per share on the $2.00 convertible no par preferred stock. Each of the preferred dividends is payable on Jan. 1, 1994, to shareholders of record on Nov. 22, 1993.
 -0- 11/11/93
 /CONTACT: Julia Spicer of GTE, 202-463-5206, or after 6 p.m., 202-797-0715/
 (GTE)


CO: GTE Corp. ST: Connecticut IN: TLS SU: DIV

MP -- NY043 -- 3235 11/11/93 12:37 EST
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Publication:PR Newswire
Date:Nov 11, 1993
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