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PENNSYLVANIA POWER & LIGHT DECLARES QUARTERLY DIVIDEND

 PENNSYLVANIA POWER & LIGHT DECLARES QUARTERLY DIVIDEND
 ALLENTOWN, Pa., May 27 /PRNewswire/ -- Pennsylvania Power & Light


Co. (NYSE: PPL) today declared the regular quarterly dividend on common stock of 40 cents per share, payable July 1, 1992, to shareowners of record as of June 10.
 The dividend reflects the effects of a recent 2-for-1 common stock split.
 The company also declared the following quarterly dividends on its preferred and preference stock payable July 1 to shareowners of record as of June 10, 1992.
 Preferred Preferred (cont.)
 4 1/2 percent $1.125 7.927 percent Series $1.98175
 3.35 percent Series $ .8375 8.00 percent Series $2.00
 4.40 percent Series $1.10 8.60 percent Series $2.15
 4.60 percent Series $1.15 8.75 percent Series $2.1875
 6.875 percent Series $1.71875
 7.00 percent Series $1.75 Preference
 7.375 percent Series $1.84375 $8.00 Series $2.00
 7.40 percent Series $1.85 $8.40 Series $2.10
 7.82 percent Series $1.955 $8.70 Series $2.175
 PP&L supplies electricity to a 10,000-square-mile area of 29 counties in central eastern Pennsylvania. Among the communities it serves are Allentown, Bethlehem, Harrisburg, Hazleton, Lancaster, Scranton, Wilkes-Barre and Williamsport.
 /delval/
 -0- 5/27/92
 /CONTACT: Charles E. Russoli of Pennsylvania Power & Light, 215-774-5240/
 (PPL) CO: Pennsylvania Power & Light Co. ST: Pennsylvania IN: UTI SU: DIV


MK -- PH041 -- 4377 05/27/92 15:48 EDT
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Copyright 1992 Gale, Cengage Learning. All rights reserved.

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Publication:PR Newswire
Date:May 27, 1992
Words:243
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