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TRANSCO DECLARES COMMON AND PREFERRED DIVIDENDS

 HOUSTON, March 17 /PRNewswire/ -- The Transco Energy Company (NYSE: E) Board of Directors today declared a quarterly dividend of $.15 per common share, to be paid on June 1, 1993, to stockholders of record May 3, 1993. In addition, the Board declared quarterly dividends of $1.1875 per share on the $4.75 series cumulative convertible preferred stock and $.955 per share on the 9.25 percent series cumulative convertible preferred stock. Each preferred dividend is payable May 1, 1993, to stockholders of record April 9, 1993.
 -0- 3/17/93
 /CONTACT: Katherine K. Putnam, Media, 713-439-2455, or R. Dean Ayers, Analyst, 713-439-2593, both of Transco Energy Company/
 (E)


CO: Transco Energy Company ST: Texas IN: OIL SU: DIV

LR -- NY063 -- 7063 03/17/93 12:56 EST
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Publication:PR Newswire
Date:Mar 17, 1993
Words:128
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