The impulsive noise that the plasma wave and radio astronomy instruments detected during the Voyager 2 swing by Saturn was attributed to dust grains striking the spacecraft. This report presents a reanalysis of the dust impacts recorded by the plasma wave instrument using an improved model for the response of the electric antenna to dust impacts. The fundamental assumption used in this analysis is that the voltage induced on the antenna is proportional to the mass of the impacting grain. Using the above assumption and the antenna response constants used at Uranus and Neptune, the following conclusions can be reached. The primary dust distribution consists of a ''disk'' of particles that coincides with the equator plane and has a north-south thickness of 2Δz=962 km. A less dense ''halo'' with a north-south thickness of 2Δz=3376 km surrounds the primary distribution. The dust particle sizes are of the order of 10 &mgr;m, assuming a mass density of 1 g/cm3. The corresponding particle masses are of the order of 10-9 g, and maximum number densities are of the order of 10-2 m-3. Most likely, the G ring is the dominate source since the particles were observed very close to that ring, namely at 2.86 RS. Other sources, like nearby moons, are not ruled out especially when perturbations due to electromagnetic forces are included. The calculated optical depth differs by about a factor of 2 from photometric studies. The current particle masses, radii, and the effective north-south thickness of the particle distribution are larger than what Gurnett et al. (1983) reported by about 2, 1, and 1 orders of magnitude, respectively. This is attributed to the fact that the collection coefficient used in this study is smaller than what was used in Gurnett et al.'s earlier publication. ¿ American Geophysical Union 1994