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CENTRAL AND SOUTH WEST CORPORATION INCREASES COMMON STOCK DIVIDEND FOR 41ST CONSECUTIVE YEAR

 CENTRAL AND SOUTH WEST CORPORATION INCREASES COMMON
 STOCK DIVIDEND FOR 41ST CONSECUTIVE YEAR
 DALLAS, Jan. 20 /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 $0.77 per share. The declaration marked the company's 41st 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 $0.04 per share, or 5.5 percent, from $0.73 to $0.77 per share. The corporation's annual indicated rate is now $3.08 per share. This dividend will be payable on pre-split shares on Feb. 28, 1992, to shareholders of record on Feb. 10. The company's two-for-one split which was declared Nov. 21, 1991, is payable March 6, 1992, to shareholders of record on Feb. 10.
 Central and South West Corporation is a Dallas-based public utility holding company. It owns four electric utility subsidiaries that provide electric service to portions of Texas, Oklahoma, Louisiana and Arkansas. It also owns an Oklahoma intrastate natural gas pipeline subsidiary and four other subsidiaries.
 -0- 1/20/92
 /CONTACT: Wendy Hargus of Central and South West, 214-754-1277/
 (CSR) CO: Central and South West Corporation ST: Texas IN: UTI SU: DIV


CK -- NY041 -- 1454 01/20/92 13:59 EST
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Publication:PR Newswire
Date:Jan 20, 1992
Words:223
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