SOUTHWESTERN BELL&lt;SBC> VOTES SPLIT, UPS PAYOUT

  Southwestern Bell Corp said its board
  voted a three-for-one stock split and increased the dividend
  8.8 pct to 1.60 dlrs a share.
      On a post-split basis, the increased dividend will be 58
  cts a share, payable May One to holders of record April 10.
      Southwestern Bell said the stock split is
  its first. It said shares will be mailed May 22, record May
  Four.
  

