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SOUTHERN INDIANA GAS AND ELECTRIC COMPANY INCREASES DIVIDEND ON COMMON STOCK

 EVANSVILLE, Ind., Jan. 19 /PRNewswire/ -- Directors of Southern Indiana Gas and Electric Company (NYSE: SIG) today declared a quarterly dividend on its common stock of 40 1/4 cents per share, payable March 20, 1993, to stockholders of record Feb. 5, 1993. This represents an increase of 1 1/4 cents a share over the 39 cents dividend paid in the last quarter of 1992.
 Regular quarterly dividend of $1.20 per share on the 4.8 percent preferred stock was declared payable May 1, 1993 to stockholders of record April 9, 1993; a dividend of $1.1875 per share on the 4.75 percent preferred stock payable March 1, 1993 to stockholders of record Feb. 5, 1993; a dividend of $1.625 on the 6.5 percent preferred stock payable March 1, 1993 to stockholders of record Feb. 5, 1993, and a dividend of $2.125 on the 8.5 percent preferred stock payable April 1, 1993 to stockholders of record March 1, 1993.
 The directors also fixed Feb. 5, 1993 as the date of record for determination of stockholders entitled to notice of and to vote at the annual meeting of shareholders to be held at The N.P. Wagner Center, One North Main Street, Evansville, Ind. on March 23, 1993 at 3:00 p.m., Central Standard Time.
 -0- 1/19/93
 /CONTACT: A.E. Goebel, senior vice president, chief financial officer, secretary and treasurer of Southern Indiana Gas and Electric Company, 812-464-4553/
 (SIG)


CO: Southern Indiana Gas & Electric Company ST: Indiana IN: UTI SU: DIV

BM -- CL016 -- 6382 01/19/93 13:08 EST
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Publication:PR Newswire
Date:Jan 19, 1993
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