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REGULAR DIVIDEND DECLARED FOR UNITED WATER RESOURCES

 HARRINGTON PARK, N.J., Jan. 7 /PRNewswire/ -- The board of directors of United Water Resources (NYSE: UWR) declared the regular quarterly dividend of 23 cents per share of common stock.
 The action was announced by Donald L. Correll, president and chief executive officer, after the board's meeting today. The dividend is payable March 1, 1993 to shareholders of record on Feb. 16.
 United Water Resources is the parent company of Hackensack and Spring Valley Water Companies, utilities serving over one million people in New Jersey and New York, and Rivervale Realty Company, a real estate subsidiary.
 United Water has paid continuous cash dividends on its common stock since 1886.
 -0- 1/7/93
 /CONTACT: Carolyn M. Iglesias of United Water Resources, 201-784-9434, or evenings/weekends, 201-487-0011/
 (UWR)


CO: United Water Resources ST: New Jersey IN: UTI SU: DIV

AH -- NY093 -- 2784 01/07/93 16:11 EST
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Publication:PR Newswire
Date:Jan 7, 1993
Words:147
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