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CHARTER POWER SYSTEMS CORRECTS PAYMENT AND RECORD DATES FOR FOURTH QUARTER DIVIDEND ANNOUNCED YESTERDAY

 CHARTER POWER SYSTEMS CORRECTS PAYMENT AND RECORD DATES
 FOR FOURTH QUARTER DIVIDEND ANNOUNCED YESTERDAY
 PLYMOUTH MEETING, Pa., April 24 /PRNewswire/ -- Charter Power Systems, Inc. (AMEX: CHP) today issued the following correction of yesterday's dividend announcement:
 The regular quarterly cash dividend of $.0275 a share, declared by the board of directors of Charter Power Systems, Inc., at its meeting yesterday, will be payable on May 15, 1992, to stockholders of record at the close of business on May 4, instead of the record and payment dates previously announced.
 Charter Power Systems, based in Plymouth Meeting, is a major North American manufacturer and supplier of products and services to the standby power and motive power markets with seven production facilities in the United States and Canada.
 /delval/
 -0- 4/24/92
 /CONTACT: Donald L. Nevins Jr. (financial), 215-834-7334, or Yanis Bibelnieks (shareholders), 212-949-2295, both of Charter Power Systems/
 (CHP) CO: Charter Power Systems, Inc. ST: Pennsylvania IN: SU: DIV


CC-JS -- PH032 -- 2517 04/24/92 13:42 EDT
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Publication:PR Newswire
Date:Apr 24, 1992
Words:166
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