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FLORIDA PROGRESS DECLARES QUARTERLY DIVIDEND

 FLORIDA PROGRESS DECLARES QUARTERLY DIVIDEND
 ST. PETERSBURG, Fla., May 19 /PRNewswire/ -- The board of


directors of Florida Progress Corporation (NYSE: FPC) today declared a quarterly cash dividend of 71 cents per share on its common stock, announced David R. Kuzma, senior vice president and chief financial officer.
 The dividend is payable on June 20, 1992 to shareholders of record at the close of business June 5.
 Florida Progress is a diversified holding company with assets of $5 billion. Its principal subsidiary is St. Petersburg-based Florida Power Corporation, the state's second largest electric utility. Diversified operations include coal mining and transportation, life insurance, real estate and lending and leasing.
 -0- 5/19/92
 /CONTACT: Sally Everett of Florida Progress Corporation, 813-824-6440/
 (FPC) CO: Florida Progress Corporation ST: Florida IN: UTI SU: DIV


JB-JJ -- FL013 -- 1884 05/19/92 13:45 EDT
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Publication:PR Newswire
Date:May 19, 1992
Words:140
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