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NIPSCO INDUSTRIES, INC. DECLARES PREFERRED DIVIDENDS

 HAMMOND, Ind., Nov. 24 ~PRNewswire~ -- Directors of NIPSCO Industries, Inc. (NYSE: NI) today declared a dividend of $2.1875 per share on the outstanding 8.75 percent cumulative preferred stock, payable Jan. 14, 1993, to shareholders of record at the close of business Dec. 16, 1992.
 Directors of Northern Indiana Public Service Company, a subsidiary of NIPSCO Industries, Inc., declared dividends on the following preferred stocks: $1.0625 a share on 4-1~4 percent cumulative preferred stock; $1.12 a share on 4-1~2 percent cumulative preferred stock; $1.05 a share on 4.22 percent cumulative preferred stock; $1.22 a share on 4.88 percent cumulative preferred stock; $1.86 a share on 7.44 percent cumulative preferred stock; $1.88 a share on 7.50 percent cumulative preferred stock; $2.2125 a share on 8.85 percent cumulative preferred stock; $1.9375 a share on 7-3~4 percent cumulative preferred stock; $2.0875 a share on 8.35 percent cumulative preferred stock; $1.6431 a share on 6.50 percent cumulative preferred stock; and $0.75 a share on the adjustable rate cumulative preferred stock, series A.
 All of the above are payable on Jan. 14, 1993 to shareholders of record at the close of business Dec. 16, 1992.
 -0- 11~24~92
 ~CONTACT: Thomas J. Kallay of NIPSCO Industries, Inc., 219-647-6203~
 (NI)


CO: NIPSCO Industries, Inc. ST: Indiana IN: UTI SU: DIV

BM -- CL018 -- 1137 11~24~92 14:18 EST
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Publication:PR Newswire
Date:Nov 24, 1992
Words:245
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