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GTE DECLARES DIVIDEND OF 47 CENTS PER SHARE ON THE COMPANY'S COMMON STOCK.

 STAMFORD, Conn., Jan. 13 /PRNewswire/ -- GTE's board of directors today declared a dividend of 47 cents per share on the company's common stock. It will be payable on April 1, 1994, to shareholders of record on Feb. 22, 1994.
 Regular quarterly dividends also were declared as follows on the company's preferred stocks: 55 cents per share on the 4.40% preferred stock; 96.875 cents per share on the 7.75% preferred stock; 98.125 cents per share on the 7.85% preferred stock; 50 cents per share on the 4.00% convertible preferred stock; 54.5 cents per share on the 4.36% convertible preferred stock; 59.375 cents per share on the 4.75% convertible preferred stock; 62.5 cents per share on the 5.00% convertible preferred stock; 63.125 cents per share on the 5.05% convertible preferred stock; 66 cents per share on the 5.28% convertible preferred stock; 66.875 cents per share on the 5.35% 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, 1994, to shareholders of record on Feb. 22, 1994.
 -0- 1/13/94
 /CONTACT: Tony Hamilton, 203-965-2853, or David Weselcouch, 203-965-2521, both of GTE/
 (GTE)


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

SH -- NY059 -- 1075 01/13/94 12:14 EST
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Publication:PR Newswire
Date:Jan 13, 1994
Words:258
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