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

 STAMFORD, Conn., April 21 /PRNewswire/ -- GTE's board of directors today declared a regular dividend of 45.5 cents per share on the company's common stock. The dividend is payable on July 1, 1993, to shareholders of record on May 24, 1993.
 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 stock dividends is payable on July 1, 1993, to shareholders of record on May 24, 1993.
 -0- 4/21/93
 /CONTACT: Tony Hamilton, 203-965-2853 or after 6 p.m., 203-327-2162, or Thomas Byker, 203-965-2828 or after 6 p.m., 203-968-1048, both for GTE Corp./
 (GTE)


CO: GTE Corporation ST: Connecticut IN: TLS SU: DIV

LR -- NY057 -- 8691 04/21/93 11:36 EDT
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Publication:PR Newswire
Date:Apr 21, 1993
Words:285
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