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GTE DECLARES DIVIDEND OF 42.5 CENTS PER SHARE ON THE COMPANY'S COMMON STOCK

 GTE DECLARES DIVIDEND OF 42.5 CENTS PER SHARE
 ON THE COMPANY'S COMMON STOCK
 STAMFORD, Conn., Jan. 9 /PRNewswire/ -- GTE's (NYSE: GTE) board of directors today declared a dividend of 42.5 cents per share on the company's common stock. It will be payable on April 1, 1992, to shareholders of record on Feb. 21, 1992.
 Regular quarterly dividends also were declared as follows on the company's preferred stocks: 55 cents per share on the 4.40 percent preferred stock; 96.875 cents per share on the 7.75 percent preferred stock; 98.125 cents per share on the 7.85 percent preferred stock; 50 cents per share on the 4.00 percent convertible preferred stock; 54.5 cents per share on the 4.36 percent convertible preferred stock; 59.375 cents per share on the 4.75 percent convertible preferred stock; 62.5 cents per share on the 5.00 percent convertible preferred stock; 63.125 cents per share on the 5.05 percent convertible preferred stock; 66 cents per share on the 5.28 percent convertible preferred stock; 66.875 cents per share on the 5.35 percent convertible preferred stock; 68.75 cents per share on the 5.50% convertible preferred stock; 61.875 cents per share on the $2.475 no par preferred stock; and, 50 cents per share on the $2.00 convertible no par preferred stock. Each of the preferred dividends is payable on April 1, 1992, to shareholders of record on Feb. 21, 1992.
 -0- 1/9/92
 /CONTACT: Dorea Akers, 203-965-3188, or after 6 p.m. 203-968-2360, or Thomas Byker, 203-965-2828, or after 6 p.m., 203-968-1048/
 (GTE) CO: GTE Corp. ST: Connecticut IN: TLS SU: DIV


KD -- NY061 -- 8310 01/09/92 14:45 EST
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Copyright 1992 Gale, Cengage Learning. All rights reserved.

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Publication:PR Newswire
Date:Jan 9, 1992
Words:294
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