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KANSAS CITY POWER & LIGHT INCREASES DIVIDEND

 KANSAS CITY POWER & LIGHT INCREASES DIVIDEND
 KANSAS CITY, Mo., May 5 /PRNewswire/ -- Kansas City Power & Light


Co. (NYSE: KLT) today announced that its board of directors declared a quarterly dividend of 36 cents per share on its common stock, payable June 19, 1992, to stockholders of record on June 11, 1992. This dividend will be payable on all outstanding shares including those issued May 29, 1992, in accordance with the two-for-one split. That action increases KCPL's indicated annual level of dividends to $1.44 per share (restated to reflect the two-for-one split). In addition, the board of directors declared regular dividends on the preferred stock, payable Sept. 1, 1992, to shareholders of record on Aug. 11, 1992.
 Kansas City Power & Light provides electric service to approximately 416,000 customers in a 4,700 square-mile area in eastern Kansas and western Missouri, including metropolitan Kansas City.
 -0- 5/5/92
 /CONTACT: Bernie Beaudoin, 816-556-2543 or Robert Levesque, 816-556-2312, both of Kansas City Power & Light/
 (KLT) CO: Kansas City Power & Light Co. ST: Missouri IN: UTI SU: DIV


BB-MC -- DV010 -- 6744 05/05/92 16:32 EDT
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Publication:PR Newswire
Date:May 5, 1992
Words:185
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