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PUBLIC SERVICE COMPANY BOARD OF DIRECTORS DECLARES REGULAR QUARTERLY CASH DIVIDEND

 GASTONIA, N.C., Nov. 10 /PRNewswire/ -- On Nov. 10, 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 Jan. 1, 1994, to shareholders of record Dec. 10, 1993. This is the 144th consecutive quarterly cash dividend on the PSNC's Common Stock.
 PSNC is franchised to serve 26 counties in North Carolina and distributes natural gas to more than 260,000 customers in 87 cities and communities 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 various subsidiaries, also participates in nonregulated businesses such as natural gas brokering and retail propane sales.
 -0- 11/10/93
 /CONTACT: Robert D. Voigt, senior vice president-finance and treasurer and chief financial officer, of Public Service Company of North Carolina, 704-834-6494/
 (PSNC)


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

MM -- CH010 -- 2920 11/10/93 16:43 EST
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Publication:PR Newswire
Date:Nov 10, 1993
Words:196
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