WILKES-BARRE, Pa., Oct. 29 /PRNewswire/ -- Pennsylvania Enterprises, Inc.
(NYSE: PNT) (PEI) announced today that it declared a dividend for the fourth
quarter of 1996 of $0.55 per common share. Also, PG Energy Inc., the natural
gas utility subsidiary of PEI, declared dividends for the fourth quarter for
all series of its preferred stock. All dividends declared are payable
December 16, 1996, to shareholders of record on December 2, 1996.
PEI is a holding company with regulated and non-regulated subsidiaries.
The regulated group consists of PG Energy which provides natural gas to
approximately 142,000 customers in ten counties in northeastern Pennsylvania.
The non-regulated group consists of Pennsylvania Energy Resources, Inc., its
subsidiary, Keystone Pipeline Services, Inc., and Theta Land Corporation.
SOURCE Pennsylvania Enterprises, Inc.
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CONTACT:
Robert J. Lopatto of PEI, 717-829-8814
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