PP&L Resources, Inc., parent company of Pennsylvania Power & Light Co., Wednesday (2/26) declared the regular quarterly dividend on common stock of 41.75 cents per share, payable April 1, 1997, to shareowners of record March 10, 1997.

Pennsylvania Power & Light Co. declared the following quarterly dividends on its preferred stock, payable April 1, 1997, to shareowners of record March 10, 1997:

Preferred

4 1/2%...................$1.125

6.05% Series........$1.5125

3.35% Series........$ .8375

6.125% Series......$1.53125

4.40% Series........$1.10

6.15% Series........$1.5375

4.60% Series........$1.15

6.33% Series........$1.5825

5.95% Series........$1.4875

6.75% Series........$1.6875