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NIPSCO INDUSTRIES, INC. DECLARES PREFERRED DIVIDENDS

 NIPSCO INDUSTRIES, INC. DECLARES PREFERRED DIVIDENDS
 HAMMOND, Ind., Aug. 25 /PRNewswire/ -- Directors of NIPSCO Industries, Inc. (NYSE: NI) today declared a dividend of $2.1875 per share on the outstanding 8.75 percent cumulative preferred stock, payable Oct. 14, 1992 to shareholders of record at the close of business Sept. 14, 1992.
 Directors of Northern Indiana Public Service Company, a subsidiary of NIPSCO Industries, Inc., declared dividends on the following preferred stocks: $1.0625 a share on 4-1/4 percent cumulative preferred stock; $1.13 a share on 4-1/2 percent cumulative preferred stock; $1.06 a share on 4.22 percent cumulative preferred stock; $1.22 a share on 4.88 percent cumulative preferred stock; $1.86 a share on 7.44 percent cumulative preferred stock; $1.87 a share on 7.50 percent cumulative preferred stock; $2.2125 a share on 8.85 percent cumulative preferred stock; $1.9375 a share on 7-3/4 percent cumulative preferred stock; $2.0875 a share on 8.35 percent cumulative preferred stock; $3.1375 a share on 12.55 percent cumulative preferred stock; and $0.75 a share on the adjustable rate cumulative preferred stock, Series A.
 All of the above are payable on Oct. 14, 1992, to shareholders of record at the close of business Sept. 14, 1992.
 -0- 8/25/92
 /CONTACT: Thomas J. Kallay of NIPSCO Industries, Inc., 219-647-6203/
 (NI) CO: NIPSCO Industries, Inc. ST: Indiana IN: UTI SU: DIV


KK -- CL011 -- 3087 08/25/92 14:31 EDT
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Publication:PR Newswire
Date:Aug 25, 1992
Words:251
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