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PUGET POWER BOARD DECLARES QUARTERLY DIVIDEND

 PUGET POWER BOARD DECLARES QUARTERLY DIVIDEND
 BELLEVUE, Wash., Oct. 8 /PRNewswire/ -- The Puget Sound Power


& Light Co.'s (NYSE: PSD) board of directors today declared a quarterly dividend of 45 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 $1.75 on the Series A adjustable rate cumulative preferred stock.
 All dividends are payable on Nov. 15 to shareholders of record at the close of business on Oct. 26.
 PREFERRED DIVIDENDS
 CLASS RATE
 4.70 percent $1.175
 4.84 percent $1.21
 7.75 percent $1.9375
 7.875 percent $0.4921875
 8.00 percent $2.00
 SERIES A
 Adjustable $1.75
 -0- 10/8/92
 /CONTACT: U. Earl Dunn of Puget Sound Power & Light, 206-462-3808/
 (PSD) CO: Puget Sound Power & Light Co. ST: Washington IN: UTI SU: DIV


SC-JH -- SE013 -- 8127 10/08/92 18:04 EDT
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Copyright 1992 Gale, Cengage Learning. All rights reserved.

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Publication:PR Newswire
Date:Oct 8, 1992
Words:180
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