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ITT DIRECTORS DECLARE DIVIDEND ON PREFERRED ISSUE

 NEW YORK, April 13 /PRNewswire/ -- The board of directors of ITT Corporation (NYSE: ITT) today declared a quarterly dividend of $0.5625 on shares of the corporation's $2.25 Convertible Series N cumulative preferred stock, payable on May 31, 1993 to holders of record at the close of business on May 14, 1993.
 The dividend period is from March 1, 1993 through May 31, 1993, inclusive.
 -0- 4/13/93
 /CONTACT: Jim Gallagher of ITT, 212-258-1261/
 (ITT)


CO: ITT Corporation ST: New York IN: SU: DIV

LR-SB -- NY054 -- 5247 04/13/93 13:02 EDT
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Publication:PR Newswire
Date:Apr 13, 1993
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