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HOUSTON INDUSTRIES DECLARES DIVIDEND

 HOUSTON, Aug. 4 /PRNewswire/ -- At a meeting held Wednesday, Aug. 4, 1993, the board of directors of Houston Lighting & Power Company (HL&P) (NYSE: HOU) declared a regular quarterly cash dividend on its $6.72, $7.52, $8.12, $8.50 and $9.375 series preferred stock.
 Quarterly Cash Number of Quarterly Cash
 Series Dividend Amount Shares Dividend Number
 $6.72 $1.68 250,000 101
 7.52 1.88 500,000 84
 8.12 2.03 500,000 64
 8.50 2.125 600,000 25
 9.375 2.34375 1,285,000 18
 All dividends are payable on Oct. 1, 1993 to shareholders of record at the close of business on Sept. 16, 1993.
 -0- 8/4/93
 /CONTACT: Sandy Brendler, 713-629-3123, or Dan Bulla, 713-629-3120, both of Houston Industries Incorporated/
 (HOU)


CO: Houston Industries Incorporated ST: Texas IN: UTI SU: DIV

SM-LD -- NY092 -- 9579 08/04/93 17:39 EDT
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Publication:PR Newswire
Date:Aug 4, 1993
Words:153
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