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PacifiCorp sets dividend of 27 cents per share

PacifiCorp, the parent company of Utah Power and other electric utilities, declared a quarterly dividend Thursday of 27 cents per common share, payable May 15 to shareholders of record April 21.

PacifiCorp directors also authorized payments of dividends on outstanding pre-ferred shares at the specified rates.PacifiCorp's annual meeting of shareholders is May 13 in Portland. Shareholders of record on March 13 will be eligible to vote at the meeting.