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PARAMOUNT COMMUNICATIONS ANNOUNCES DIVIDEND

 NEW YORK, March 11 /PRNewswire/ -- Paramount Communications Inc. (NYSE: PCI) today declared its regular quarterly dividend of 20 cents per share on its Common Stock, payable April 1, 1993, to shareholders of record on March 22, 1993. It is the 116th consecutive quarterly cash dividend declared by the Company.
 -0- 3/11/93
 /CONTACT: Carl Folta, 212-373-8530, for Paramount Communications, Inc./
 (PCI)


CO: Paramount Communications Inc. ST: New York IN: ENT SU: DIV

LR -- NY024 -- 5039 03/11/93 10:16 EST
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Copyright 1993 Gale, Cengage Learning. All rights reserved.

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Publication:PR Newswire
Date:Mar 11, 1993
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