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HOUSTON INDUSTRIES DECLARES DIVIDEND

 HOUSTON INDUSTRIES DECLARES DIVIDEND
 HOUSTON, July 1 /PRNewswire/ -- Houston Industries Incorporated


(NYSE: HOU) announced today that its board of directors declared a regular quarterly cash dividend of $0.75 per share of common stock, an increase of one cent per share compared to the dividend paid last quarter. The increase brings the effective annual dividend rate to $3 per share. The dividends are payable Sept. 10, 1992 to holders of record at the close of business on Aug. 14, 1992. The company has paid uninterrupted quarterly dividends on its common stock since 1921.
 -0- 7/1/92
 /CONTACT: Sandy Brendler, 713-629-3123, or Dan Bulla, 713-629-3120, both of Houston Industries/
 (HOU) CO: Houston Industries Incorporated ST: Texas IN: UTI SU: DIV


SM-OS -- NY100 -- 5833 07/01/92 15:20 EDT
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No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1992 Gale, Cengage Learning. All rights reserved.

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Publication:PR Newswire
Date:Jul 1, 1992
Words:129
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