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DETROIT EDISON DECLARES DIVIDENDS

 DETROIT, May 24 /PRNewswire/ -- The Detroit Edison (NYSE: DTE) Board of Directors today declared dividends on its common and preferred stocks to shareholders of record at the close of business June 17, 1993.
 Payable July 15, 1993
 Common stock $0.515 per share
 5.50 percent convertible cumulative
 preferred stock $1.375 per share
 7.68 percent cumulative preferred stock $1.92 per share
 7.45 percent cumulative preferred stock $1.8625 per share
 7.36 percent cumulative preferred stock $1.84 per share
 7.75 percent cumulative preferred stock $1.9375 per share
 Dividends of $1.677 per share are payable July 15 to shareholders of record June 17 on the previously announced 7.74 percent cumulative preferred stock series issued April 28.
 -0- 5/24/93
 /CONTACT: Lorie N. Kessler, 313-237-8807, or Mary Kay Bean, 313-237-8809, both of Detroit Edison/
 (DTE)


CO: Detroit Edison ST: Michigan IN: UTI OIL SU: DIV

JG -- DE024 -- 1749 05/24/93 13:46 EDT
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Publication:PR Newswire
Date:May 24, 1993
Words:162
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