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DUKE POWER DECLARES QUARTERLY DIVIDEND

 CHARLOTTE, N.C., Oct. 26 /PRNewswire/ -- Duke Power Co.'s (NYSE: DUK) board of directors today approved a quarterly cash dividend on the company's common stock of 47 cents a share, unchanged from its previous level. The dividend is payable on Dec. 16, 1993, to shareholders of record on Nov. 12, 1993.
 This is the 67th consecutive year that the utility has paid quarterly cash dividends on its common stock.
 The utility's board of directors also announced that the company will be paying quarterly dividends on its preferred stock on Dec. 16 to shareholders of record on Nov. 12.
 -0- 10/26/93
 /CONTACT: Randy Wheeless of Duke Power, 704-382-8379 or


(24-Hour) 704-594-0681/
 (DUK)


CO: Duke Power Co. ST: North Carolina IN: UTI SU: DIV

CM -- CH010 -- 6830 10/26/93 13:38 EDT
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Publication:PR Newswire
Date:Oct 26, 1993
Words:134
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