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PUBLIC SERVICE COMPANY BOARD OF DIRECTORS DECLARES REGULAR QUARTERLY DIVIDEND

 GASTONIA, N.C., July 29 /PRNewswire/ -- On July 29, 1993, the Board of Directors of Public Service Company of North Carolina, Inc. (PSNC) (NASDAQ-NMS: PSNC) declared a regular quarterly cash dividend on the PSNC's Common Stock of 19.75 cents per share, payable Oct. 1, 1993 to shareholders of record Sept. 10, 1993. This is the 143rd consecutive quarterly cash dividend on the PSNC's Common Stock.
 PSNC distributes natural gas to over 257,000 customers in 87 cities, towns and communities in a 26-county service territory ranging from the Raleigh, Durham and Chapel Hill areas in the northeast; the Concord, Statesville, Gastonia and Forest City areas in the Piedmont; to the Asheville, Hendersonville and Brevard areas in the western part of the state. PSNC, through its subsidiaries, also participates in oil and gas exploration and production, and retails propane gas.
 -0- 7/29/93
 /CONTACT: Robert D. Voigt, Senior Vice President - Finance and Treasurer, Chief Financial Officer, Public Service Company of North Carolina, 704-834-6494/
 (PSNC)


CO: Public Service Company of North Carolina ST: North Carolina IN: UTI SU: DIV

MM -- CH008 -- 7480 07/29/93 11:44 EDT
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Publication:PR Newswire
Date:Jul 29, 1993
Words:188
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