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PANHANDLE EASTERN DECLARES QUARTERLY DIVIDEND

 PANHANDLE EASTERN DECLARES QUARTERLY DIVIDEND
 HOUSTON, April 22 /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 June 15, 1992, to shareholders of record on May 15, 1992.
 Panhandle Eastern Corporation, one of the 15 companies that comprise the Dow Jones Utility Average, has paid dividends continuously since 1939.
 -0- 4/22/92
 /CONTACT: John P. Barnett (media), 713-627-4072, or Dorothy M. Ables (investor), 713-627-460, both of Panhandle Eastern/
 (PEL) CO: Panhandle Eastern Corporation ST: Texas IN: OIL SU: DIV


SH -- NY083 -- 1374 04/22/92 14:45 EDT
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Publication:PR Newswire
Date:Apr 22, 1992
Words:106
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