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CENTRAL AND SOUTH WEST CORPORATION INCREASES COMMON STOCK DIVIDEND

 DALLAS, Jan. 18 /PRNewswire/ -- The board of directors of Central and South West Corporation (NYSE: CSR) today increased the corporation's regular quarterly dividend on its common stock to $0.405 per share. The declaration marked the company's 42nd year of consecutive dividend increases--a record exceeded by only four other companies on the New York Stock Exchange.
 The quarterly dividend rate was increased $0.02 per share, or 5.2 percent, from $0.385 to $0.405 per share. The corporation's annual indicated rate is now $1.62 per share. This dividend will be payable on February 26, 1993, to shareholders of record on February 8, 1993.
 Central and South West Corporation is a Dallas-based public utility holding company. It owns four electric utility subsidiaries that serve portions of Texas, Oklahoma, Louisiana and Arkansas. It also owns an Oklahoma intrastate natural gas pipeline subsidiary and four other subsidiaries.
 -0- 1/18/93
 /CONTACT: Wendy Hargus, director of investor relations, for Central and South West, 214-777-1277/
 (CSR)


CO: Central and South West Corporation ST: Texas IN: UTI SU: DIV

LR -- NY048 -- 5907 01/18/93 13:11 EST
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Publication:PR Newswire
Date:Jan 18, 1993
Words:186
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