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PANHANDLE EASTERN DECLARES QUARTERLY DIVIDEND

 PANHANDLE EASTERN DECLARES QUARTERLY DIVIDEND
 HOUSTON, Jan. 29 /PRNewswire/ -- The board of directors of Panhandle


Eastern Corporation (NYSE: PEL) today declared a quarterly dividend of $0.20 cents per share of common stock, payable March 15, 1992, to shareholders of record on Feb. 14.
 Panhandle Eastern Corporation, one of the 15 companies that comprise the Dow Jones Utility Average, has paid dividends continuously since 1939.
 -0- 1/29/92
 /CONTACT: John P. Barnett, 713-627-4072, or Dorothy M. Ables (investors), 713-627-4600, both of Panhandle Eastern/
 (PEL) CO: Panhandle Eastern Corporation ST: Texas IN: OIL SU: DIV


CK -- NY071 -- 4894 01/29/92 16:16 EST
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No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1992 Gale, Cengage Learning. All rights reserved.

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Publication:PR Newswire
Date:Jan 29, 1992
Words:104
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