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MICHCON DECLARES DIVIDEND ON PREFERRED STOCK

 DETROIT, Oct. 1 /PRNewswire/ -- The Board of Directors of Michigan Consolidated Gas Company (MichCon) today declared a regular quarterly cash dividend to shareholders on the company's cumulative preferred stock, $2.05 series.
 The dividend, $0.5125 per share, will be payable on Nov. 1 to shareholders of record Oct. 21.
 MichCon, a wholly owned subsidiary of MCN Corporation (NYSE: MCN), is a natural gas distribution, transmission and storage company serving more than 1 million customers in 500 communities throughout Michigan.
 -0- 10/1/93
 /CONTACT: Karen Fontanive of MichCon, 313-256-5093/
 (MCN)


CO: Michigan Consolidated Gas Company; MCN Corporation ST: Michigan IN: UTI SU: DIV

SB -- DE005 -- 7687 10/01/93 10:05 EDT
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Publication:PR Newswire
Date:Oct 1, 1993
Words:113
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