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NORTHERN TELECOM DECLARES COMMON AND PREFERRED DIVIDENDS

 VANCOUVER, April 29 /PRNewswire/ -- The board of directors of Northern Telecom (NYSE: NT) today declared the corporation's regular quarterly dividend of US$.09 per common share, payable June 30, 1993 to shareholders of record at the close of business on June 9, 1993.
 The board also declared a dividend on the Class A preferred shares Series 4, in the amount of C$1,342.47 per share, payable on May 12, 1993 to shareholders of record at the close of business on May 11, 1993.
 The board declared a second dividend on the Class A preferred shares Series 4. The amount will be determined in accordance with the terms and conditions attached to such shares, and will be payable on June 9, 1993 to shareholders of record at the close of business on June 8, 1993.
 Northern Telecom is the leading global supplier of fully digital telecommunications switching systems, providing products and services to telephone operating companies, corporations, governments, universities and other institutions worldwide. Northern Telecom has 58,000 employees and had 1992 revenues of US$8.41 billion.
 -0- 4/29/93
 /CONTACT: Tom Tropea or Gary Brandt of Northern Telecom Limited, 416-566-3178 or 416-566-3098/
 (NT)


CO: Northern Telecom Limited ST: British Columbia IN: TLS SU: DIV

KD -- NY091 -- 2737 04/29/93 14:18 EDT
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Publication:PR Newswire
Date:Apr 29, 1993
Words:217
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