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DELMARVA POWER MAINTAINS DIVIDEND

 WILMINGTON, Del., Dec. 29 /PRNewswire/ -- Delmarva Power & Light Company (NYSE: DEW) today declared a regular dividend of $.385 per share on common stock payable Jan. 30, 1993, for stockholders of record on Jan. 13.
 "With several rate cases pending, the board decided to sustain the current dividend level," according to Howard E. Cosgrove, chairman of the board.
 /delval/
 -0- 12/29/92
 /CONTACT: Wallace C. Judd Jr., manager of media relations of Delmarva Power, 302-429-3595/
 (DEW)


CO: Delmarva Power & Light Company ST: Delaware IN: UTI SU: DIV

LJ-MS -- PH012 -- 0383 12/29/92 15:32 EST
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Publication:PR Newswire
Date:Dec 29, 1992
Words:96
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