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REGULAR DIVIDEND DECLARED FOR UNITED WATER RESOURCES

 HARRINGTON PARK, N.J., Oct. 7 /PRNewswire/ -- The board of directors of United Water Resources (NYSE: UWR) declared the regular quarterly dividend of 23 cents per share of common stock.
 The action was announced by Donald L. Correll, president and chief executive officer, after the board's meeting today. The dividend is payable Dec. 1, 1993, to shareholders of record on Nov. 15.
 United Water Resources is the parent company of Hackensack and Spring Valley water companies, utilities serving approximately one million people in New Jersey and New York, and Rivervale Realty Company, a real estate subsidiary.
 United Water has paid continuous cash dividends on its common stock since 1886.
 -0- 10/7/93
 /CONTACT: Martha Green of United Water, 201-784-9434 or evenings, weekends: 201-487-0011/
 (UWR)


CO: United Water Resources ST: New Jersey IN: UTI SU: DIV

LG -- NY065 -- 9849 10/07/93 15:41 EDT
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Publication:PR Newswire
Date:Oct 7, 1993
Words:145
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