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DELMARVA POWER RELEASES NOTICE OF DIVIDEND

 WILMINGTON, Del., Nov. 18 /PRNewswire/ -- Delmarva Power & Light Company (NYSE: DEW) announced today that the following quarterly dividends have been declared on preferred stock for payment on Dec. 31, 1993, to stockholders of record at the close of business Dec. 10:
 -- 4 percent preferred stock -- dividend of 1 percent ($1 per share)
 -- 3.70 percent preferred stock -- dividend of .925 percent (92-1/2 cents per share)
 -- 4.28 percent preferred stock -- dividend of 1.07 percent ($1.07 per share)
 -- 4.56 percent preferred stock -- dividend of 1.14 percent ($1.14 per share)
 -- 4.20 percent preferred stock -- dividend of 1.05 percent ($1.05 per share)
 -- 5 percent preferred stock -- dividend of 1.25 percent ($1.25 per share)
 -- 7.52 percent preferred stock --dividend of 1.88 percent ($1.88 per share)
 -- Adjustable rate preferred stock series A -- dividend of 1.3750 percent ($1.3750 per share)
 -- 7.75 percent preferred stock -- dividend of .484375 percent ($.484375 per share)
 -- 6-3/4 percent preferred stock -- dividend of 1.6875 percent ($1.6875 per share)
 /delval/
 -0- 11/18/93
 /CONTACT: Wallace C. Judd Jr., manager of media relations of Delmarva Power, 302-429-3595/
 (DEW)


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

MJ-MK -- PH043 -- 6203 11/18/93 16:13 EST
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Publication:PR Newswire
Date:Nov 18, 1993
Words:216
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