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ATLANTIC ENERGY DECLARES DIVIDEND ON COMMON STOCK; ATLANTIC CITY ELECTRIC DECLARES DIVIDENDS ON PREFERRED STOCK

 ATLANTIC ENERGY DECLARES DIVIDEND ON COMMON STOCK;
 ATLANTIC CITY ELECTRIC DECLARES DIVIDENDS ON PREFERRED STOCK
 PLEASANTVILLE, N.J., Dec. 12 /PRNewswire/ -- The board of directors of Atlantic Energy, Inc. (NYSE: ATE) today declared the regular quarterly dividend on its common stock of $.75 per share, payable Jan. 15, 1992, to holders of record Dec. 24, 1991.
 Also, the board of directors of Atlantic City Electric Company, the utility subsidiary of Atlantic Energy, Inc., declared regular quarterly dividends on all series of its preferred stock payable Feb. 3, 1992, to holders of record Jan. 3.
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 This information is not given in connection with any sale, offer for sale or a solicitation of an offer to buy any securities.
 /delval/
 -0- 12/12/91
 /CONTACT: J.G. Salomone, 609-645-4411; L.M. Walters, 609-645-4441; or L.F. Jennings, 609-645-4247, all of Atlantic Energy/
 (ATE) CO: Atlantic Energy, Inc.; Atlantic City Electric Company ST: New Jersey IN: UTI SU: DIV


JS-KA -- PH023 -- 2005 12/12/91 13:45 EST
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Publication:PR Newswire
Date:Dec 12, 1991
Words:165
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