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PANHANDLE EASTERN CORPORATION DECLARES QUARTERLY DIVIDEND

 HOUSTON, April 28 /PRNewswire/ -- The board of directors of Panhandle Eastern Corporation (NYSE: PEL) today declared a quarterly dividend of $0.20 per share of common stock, payable June 15, 1993, to shareholders of record on May 14, 1993.
 Panhandle Eastern Corporation, one of the 15 companies that comprise the Dow Jones Utility Average, has paid dividends continuously since 1939.
 -0- 4/28/93
 /CONTACT: John P. Barnett, media relations, 713-627-4072, or Brad Porlier, investor relations, 713-627-4600 or 800-347-3636, both of Panhandle Eastern Corporation/
 (PEL)


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

KD -- NY088 -- 2142 04/28/93 14:30 EDT
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Publication:PR Newswire
Date:Apr 28, 1993
Words:104
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