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PUGET POWER BOARD DECLARES QUARTERLY DIVIDEND

 PUGET POWER BOARD DECLARES QUARTERLY DIVIDEND
 BELLEVUE, Wash., Jan. 7 /PRNewswire/ -- Puget Sound Power & Light


Co.'s (NYSE: PSD) board of directors today declared a quarterly dividend of 44 cents per share on the company's common stock at its regularly scheduled meeting.
 The dividend was the same as the previous quarterly rate for Puget Power's common stock.
 The board of directors also declared regular dividends on all of the company's outstanding fixed rate preferred stock, and a dividend of $1.8375 on the Series A adjustable rate cumulative preferred stock.
 All dividends are payable on Feb. 15, to shareholders of record at the close of business on Jan. 27.
 PREFERRED DIVIDENDS
 Class Rate
 4.84 percent $1.21
 4.70 percent $1.175
 8.00 percent $2.00
 SERIES A
 Adjustable $1.8375
 -0- 1/7/92
 /CONTACT: U. Earl Dunn, 206-462-3808, or William Seil, 206-462-3206, both of Puget Sound Power & Light Co./
 (PSD) CO: Puget Sound Power & Light ST: Washington IN: UTL SU: DIV


JH-SC -- SE010 -- 7405 01/07/92 15:11 EST
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No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1992 Gale, Cengage Learning. All rights reserved.

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Publication:PR Newswire
Date:Jan 7, 1992
Words:174
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