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GWC CORPORATION DECLARES REGULAR QUARTERLY PREFERRED DIVIDEND

 WILMINGTON, Del., Nov. 2 /PRNewswire/ -- The directors of GWC Corporation (NASDAQ-NMS: GWCC) today declared a regular quarterly preferred dividend of $1.90625 per Series A preferred share, payable Dec. 1, 1993, to stockholders of record on Nov. 16.
 The company has 300,000 shares of Series A 7-5/8 percent Preferred Stock ($100 stated value per share) outstanding.
 GWC Corporation, headquartered in Wilmington, is a water and wastewater utility holding company that is also engaged in non-regulated activities.
 /delval/
 -0- 11/2/93
 /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 -- PH017 -- 9635 11/02/93 12:03 EST
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Publication:PR Newswire
Date:Nov 2, 1993
Words:117
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