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PANHANDLE EASTERN CORPORATION DECLARES QUARTERLY DIVIDEND

 HOUSTON, Jan. 27 /PRNewswire/ -- The board of directors of Panhandle Eastern Corporation (NYSE: PEL) today declared a quarterly dividend of 20 cents per share of common stock, payable March 15, 1993, to shareholders of record on Feb. 12, 1993.
 Panhandle Eastern Corporation, one of the 15 companies that comprise the Dow Jones Utility Average, has paid dividends continuously since 1939.
 -0- 1/27/93
 /CONTACT: John P. Barnett (media), 713-627-4072, or Brad Porlier (investors), 713-627-4600 or 800-347-3636, both of Panhandle Eastern/
 (PEL)


CO: Panhandle Eastern Corporation ST: Texas IN: OIL SU: DIV

GK -- NY093 -- 9735 01/27/93 14:14 EST
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Publication:PR Newswire
Date:Jan 27, 1993
Words:101
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