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WHEELABRATOR TECHNOLOGIES INC. DECLARES ANNUAL DIVIDEND

 OAK BROOK, Ill., May 10 /PRNewswire/ -- Directors of Wheelabrator Technologies Inc. (NTSE: WTI) today declared an annual cash dividend of $0.06 per common share payable July 1, 1993 to stockholders of record on June 16, 1993.
 Wheelabrator Technologies earlier paid a $0.02 per common share cash dividend on April 1, 1993, which when combined with today's dividend action, will result in a total cash dividend for 1993 of $0.08 per common share. This represents a 100 percent increase over dividends declared in 1992. Wheelabrator had indicated earlier its intention to discontinue its practice of considering dividends on a quarterly basis, in favor of an annual dividend.
 Wheelabrator Technologies, a multi-faceted environmental services company, is a majority-owned subsidiary of Waste Management, Inc. In addition to its trash-to-energy and cogeneration capabilities, Wheelabrator supplies air quality control systems for industrial and utility applications. It also provides composting and a range of water and wastewater treatment services including biosolids management.
 -0- 5/10/93
 /CONTACT: William J. Plunkett, 708-572-8898, or (investors) James E. Koenig, 708-572-8822, both of Wheelabrator Technologies Inc./
 (WTI)


CO: Wheelabrator Technologies Inc. ST: Illinois IN: ENV SU: DIV

TS -- NY107 -- 6706 05/10/93 17:30 EDT
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Publication:PR Newswire
Date:May 10, 1993
Words:199
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