Printer Friendly

WESTINGHOUSE DIRECTORS DECLARE QUARTERLY DIVIDENDS

 WESTINGHOUSE DIRECTORS DECLARE QUARTERLY DIVIDENDS
 PITTSBURGH, July 29 /PRNewswire/ -- Directors of Westinghouse


Electric Corporation (NYSE: WX) today declared a quarterly dividend on the common stock of 18 cents, payable Sept. 1 to shareholders of record Aug. 8.
 Directors also declared a dividend of $1.377 per share on the newly issued Series B conversion preferred stock, known as PERCS, which is equivalent to 34.425 cents per depositary share, payable Sept. 1 to shareholders of record Aug. 8. Each depositary share represents one quarter of a share of Series B conversion preferred stock. The preferred dividend is prorated since the shares were outstanding for less than a complete quarter.
 /delval/
 -0- 7/29/92
 /CONTACT: Jay McCaffrey of Westinghouse Electric, 412-642-3366/
 (WX) CO: Westinghouse Electric Corporation ST: Pennsylvania IN: TLS CPR SU: DIV


DM -- PG003 -- 4511 07/29/92 10:34 EDT
COPYRIGHT 1992 PR Newswire Association LLC
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.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Jul 29, 1992
Words:142
Previous Article:KEITH GROUP REACHES TENTATIVE AGREEMENT TO RESTRUCTURE $22.5 MILLION LOAN AND SETTLE LITIGATION WITH BANK OF TOKYO
Next Article:CATALOGERS WARNED ABOUT PRESIDENTIAL ELECTION
Topics:


Related Articles
WESTINGHOUSE DECLARES DIVIDEND
WESTINGHOUSE DECLARES QUARTERLY DIVIDEND
WESTINGHOUSE DECLARES QUARTERLY DIVIDEND
WESTINGHOUSE HOLDS ANNUAL MEETING IN BALTIMORE:
WESTINGHOUSE DECLARES QUARTERLY DIVIDEND
WESTINGHOUSE BOARD DECLARES QUARTERLY DIVIDEND
WESTINGHOUSE BOARD OF DIRECTORS DECLARES REGULAR DIVIDEND
Westinghouse Board Of Directors Declares Regular Dividend
American Standard Board Approves Spinoff of Vehicle Control Systems Business.

Terms of use | Copyright © 2017 Farlex, Inc. | Feedback | For webmasters