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NEW ENGLAND ELECTRIC INCREASES DIVIDEND

 NEW ENGLAND ELECTRIC INCREASES DIVIDEND
 WESTBOROUGH, Mass., May 26 /PRNewswire/ -- New England Electric


System (NYSE: NES) directors today increased the quarterly dividend on the System's common shares from 52 cents per common share to 54 cents per share, payable July 1, 1992 to shareholders of record June 10, 1992. On an annual basis this increases the dividend by eight cents per share to $2.16 per share.
 -0- 5/26/92
 /CONTACT: Linwood B. Stockwell of New England Electric System, 508-366-9011/
 (NES) CO: New England Electric System ST: Massachusetts IN: UTI SU: DIV


TM -- NE011 -- 3762 05/26/92 12:22 EDT
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Publication:PR Newswire
Date:May 26, 1992
Words:102
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