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PARAMOUNT COMMUNICATIONS ANNOUNCES DIVIDEND

 NEW YORK, Nov. 17 ~PRNewswire~ -- Paramount Communications Inc. (NYSE: PCI) today declared its regular quarterly dividend of 20 cents per share on its common stock, payable Jan. 1, 1993, to shareholders of record on Dec. 18, 1992. It is the 115th consecutive quarterly cash dividend declared by the company.
 -0- 11~17~92
 ~CONTACT: Carl D. Folta of Paramount Communications, Inc., 212-373-8530~
 (PCI)


CO: Paramount Communications Inc. ST: New York IN: ENT SU: DIV

SB-TS -- NY035 -- 1780 11~17~92 11:05 EST
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Publication:PR Newswire
Date:Nov 17, 1992
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