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GWC CORPORATION DECLARES REGULAR QUARTERLY DIVIDEND

 GWC CORPORATION DECLARES REGULAR QUARTERLY DIVIDEND
 WILMINGTON, Del., May 1 /PRNewswire/ -- The directors of


GWC Corporation (NASDAQ-NMS: GWCC) today declared a quarterly dividend of 25 cents per common share, payable June 1, 1992, to stockholders of record on May 15.
 Under the company's dividend policy, quarterly dividends of 25 cents per share are paid each March 1, June 1, Sept. 1 and Dec. 1, for an annual rate of $1 per share of common stock.
 GWC Corporation, headquartered in Wilmington, is a water and wastewater utility holding company that is also engaged in non-regulated activities. GWC's share are traded Over-the-Counter in the NASDAQ National Market System under the symbol "GWCC." The company has 11,066,600 common shares outstanding.
 -0- 5/1/92
 /CONTACT: Joseph V. Boyle, vp and treasurer of General Waterworks Management and Service Company, 215-278-2965/
 (GWCC) CO: GWC Corporation ST: Delaware IN: UTI SU: DIV


MK-MP -- PH008 -- 5358 05/01/92 09:58 EDT
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Publication:PR Newswire
Date:May 1, 1992
Words:157
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