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GTE DECLARES DIVIDEND OF 45.5 CENTS PER SHARE ON THE COMPANY'S COMMON STOCK.

 GTE DECLARES DIVIDEND OF 45.5 CENTS PER SHARE
 ON THE COMPANY'S COMMON STOCK.
 STAMFORD, Conn., Nov. 5 /PRNewswire/ -- GTE's (NYSE: GTE) board of directors today declared a dividend of 45.5 cents per share on the company's common stock. It will be payable on Jan. 1, 1993, to shareholders of record on Nov. 23, 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 percent 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 Jan. 1, 1993, to shareholders of record on Nov. 23, 1992.
 -0- 11/5/92
 /CONTACT: Tony Hamilton, 203-965-2853, or after 6 p.m., 203-327-2162; or Tom Byker, 203-965-2828, or after 6 p.m., 203-968-1048, both of GTE/
 (GTE) CO: GTE Corp. ST: Connecticut IN: TLS SU: DIV


AH -- NY058 -- 3027 11/05/92 11:12 EST
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Publication:PR Newswire
Date:Nov 5, 1992
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