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PHILADELPHIA ELECTRIC DECLARES DIVIDENDS ON PREFERRED STOCK

 PHILADELPHIA, Nov. 22 /PRNewswire/ -- Directors of Philadelphia Electric Company (NYSE: PE) today declared dividends on all series of preferred stock, payable Feb. 1, 1994, to shareholders of record at the close of business Dec. 29, 1993, as follows:
 Series Amount Per Share
 $9.875 Series............. $2.46-7/8
 $7.96 Series............. $1.99
 $7.85 Series............. $1.96-1/4
 $7.80 Series............. $1.95
 $7.75 Series............. $1.93-3/4
 $7.48 Series............. $1.87
 $7.325 Series............. $1.83-1/8
 $7 Series............. $1.75
 $6.12 Series............. $1.53
 $4.68 Series............. $1.17
 $4.4 Series............. $1.10
 $4.3 Series............. $1.07-1/2
 $3.8 Series............. $0.95
 /delval/
 -0- 11/22/93
 /CONTACT: George Shicora, 215-841-5741, or Bill Jones, 215-841-4129, of Philadelphia Electric/
 (PE)


CO: Philadelphia Electric Company ST: Pennsylvania IN: UTI SU: DIV

MK -- PH020 -- 6863 11/22/93 14:07 EST
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No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1993 Gale, Cengage Learning. All rights reserved.

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Publication:PR Newswire
Date:Nov 22, 1993
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