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PUGET POWER BOARD DECLARES QUARTERLY DIVIDENDS

 BELLEVUE, Wash., July 13 /PRNewswire/ -- Puget Sound Power & Light Co.'s (NYSE: PSD) Board of Directors today declared a dividend of 46 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 dividend of $1.75 on the Series A adjustable rate cumulative preferred stock.
 All dividends are payable on Aug. 15 to shareholders of record at the close of business on July 26.
 PUGET SOUND POWER & LIGHT CO.
 Preferred Dividends
 CLASS (percent) RATE
 4.70 $1.175
 4.84 $1.21
 7.75 $1.9375
 7.875 $0.4921875
 8.00 $2.00
 SERIES A
 Adjustable $1.75
 -0- 7/13/93
 /CONTACT: U. Earl Dunn, 206-462-3808, or William Seil, 206-462-3206, both of Puget Sound Power & Light/
 (PSD)


CO: Puget Sound Power & Light Co. ST: Washington IN: UTI SU: DIV

SB-JH -- SE007 -- 0969 07/13/93 14:54 EDT
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Publication:PR Newswire
Date:Jul 13, 1993
Words:177
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