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PENNSYLVANIA POWER AND LIGHT CO. DECLARES QUARTERLY DIVIDEND

 PENNSYLVANIA POWER AND LIGHT CO. DECLARES QUARTERLY DIVIDEND
 ALLENTOWN, Pa., Aug. 26 /PRNewswire/ -- Pennsylvania Power & Light Co. (NYSE: PPL) (PP&L) today declared the regular quarterly dividend on common stock of 40 cents per share, payable Oct. 1, 1992, to shareowners of record Sept. 10.
 The dividend reflects the effect of the two-for-one common stock split in April.
 The company also declared the following quarterly dividends on its preferred and preference stock payable Oct. 1 to shareowners of record Sept. 10, 1992.
 Preferred Preferred (cont.)
 4 1/2 percent $1.125 7.927 percent series $1.98175
 3.35 percent series $ .8375 8.00 percent series $2.00
 4.40 percent series $1.10 8.60 percent series $2.15
 4.60 percent series $1.15 8.75 percent series $2.1875
 6.875 percent series $1.71875
 7.00 percent series $1.75 Preference
 7.375 percent series $1.84375 $8.00 series $2.00
 7.40 percent series $1.85 $8.40 series $2.10
 7.82 percent series $1.955 $8.70 series $2.175
 PP&L supplies electricity to a 10,000-square-mile area of 29 counties in Central Eastern Pennsylvania. Among the communities it serves are Allentown, Bethlehem, Harrisburg, Hazleton, Lancaster, Scranton, Wilkes-Barre and Williamsport.
 /delval/
 -0- 8/26/92
 /CONTACT: Charles E. Russoli of Pennsylvania Power & Light Co. 215-774-5240/
 (PPL) CO: Pennsylvania Power & Light Co. ST: Pennsylvania IN: UTI SU: DIV


JS -- PH024 -- 3438 08/26/92 11:50 EDT
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Copyright 1992 Gale, Cengage Learning. All rights reserved.

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Publication:PR Newswire
Date:Aug 26, 1992
Words:245
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