SOURCE: Southern California Gas Company; San Diego Gas & Electric (SDG & E)

Southern California Gas Company; San Diego Gas & Electric (SDG & E)

Southern California Gas Company; San Diego Gas & Electric (SDG & E)

February 23, 2010 18:23 ET

Southern California Gas Co., SDG&E, Pacific Enterprises Declare Preferred Dividends

SAN DIEGO, CA--(Marketwire - February 23, 2010) -  The boards of directors of Southern California Gas Co. (SoCalGas) and San Diego Gas & Electric (SDG&E) have declared regular quarterly dividends for the preferred and preference series stock of the companies as follows:

  SoCalGas:  
  6% Preferred Series $0.375 per share
  6% Series "A" Preferred $0.375 per share
     
  SDG&E:  
  Cumulative Preferred 5% Series $0.25 per share
  Cumulative Preferred 4.60% Series $0.23 per share
  Cumulative Preferred 4.50% Series $0.225 per share
  Cumulative Preferred 4.40% Series $0.22 per share
  Preference Stock (Cumulative) $1.70 Series $0.425 per share
  Preference Stock (Cumulative) $1.82 Series $0.455 per share

Additionally, regular quarterly preferred dividends were declared by Pacific Enterprises, a subsidiary of Sempra Energy (NYSE: SRE), as follows:

  Pacific Enterprises:  
  $4.36 Preferred $1.09 per share
  $4.40 Preferred $1.10 per share
  $4.50 Preferred $1.125 per share
  $4.75 Preferred (2 Series) $1.1875 per share

The dividends are payable on April 15, 2010, to shareholders of record on March 10, 2010.

SoCalGas is the nation's largest natural gas distribution utility, providing safe and reliable energy to 20.5 million consumers through 5.7 million meters. SDG&E is a regulated public utility that provides safe and reliable energy service to 3.4 million consumers through 1.4 million electric meters and 840,000 natural gas meters in San Diego and southern Orange counties.

SoCalGas and SDG&E are subsidiaries of Sempra Energy. Sempra Energy, based in San Diego, is a Fortune 500 energy services holding company with 2008 revenues of nearly $11 billion. The Sempra Energy companies' 13,600 employees serve about 29 million consumers worldwide.

Contact Information

  • Media Contact:
    Sabra Moallem
    Sempra Energy
    (877) 866-2066
    www.sempra.com

    Financial Contact:
    Glen Donovan
    Sempra Energy
    (877) 736-7727
    Email Contact