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PENN CENTRAL INCREASES QUARTERLY DIVIDEND

 CINCINNATI, Dec. 9 /PRNewswire/ -- The Penn Central Corporation (NYSE: PC) announced that its board of directors increased the quarterly dividend on its Common Stock from $.21 per share to $.22 per share. The $.22 dividend will be payable on Jan. 14, 1994, to holders of record on Dec. 31, 1993.
 Penn Central is engaged primarily in specialty property and casualty insurance.
 -O- 12/9/93
 /CONTACT: Philip A. Hagel, vice president - treasurer, of The Penn Central Corporation, 513-579-6600/
 (PC)


CO: The Penn Central Corporation ST: Ohio IN: INS SU: DIV

AR -- CL009 -- 2229 12/09/93 13:02 EST
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Publication:PR Newswire
Date:Dec 9, 1993
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