SAN DIEGO, Nov. 25, 2002 (PRIMEZONE) -- The boards of directors of Southern California Gas Company (The Gas Company) and San Diego Gas & Electric (SDG&E), today declared regular quarterly dividends for the preferred and preference series stock of the companies as follows:
Southern California Gas Company: 6% Preferred Series $0.375 per share 6% Series "A" Preferred $0.375 per share San Diego Gas and Electric: 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) $1.7625 Series $0.440625 per share Preference Stock (Cumulative) $1.70 Series $0.425 per share Preference Stock (Cumulative) $1.82 Series $0.455 per share
Each of the dividends is payable on Jan. 15, 2003, to shareholders of record on Dec. 23, 2002.
Sempra Energy Utilities is the umbrella for Sempra Energy's regulated California utilities -- The Gas Company and SDG&E. Providing safe and reliable energy, Sempra Energy Utilities is a leader in developing energy solutions for a competitive regional economy. The Gas Company is the nation's largest natural gas distribution utility, serving 18 million consumers through 5.1 million meters. SDG&E is a regulated public utility that provides service to 3 million consumers through 1.3 million electric meters and 775,000 natural gas meters in San Diego and southern Orange counties. Exceptional customer service is a priority of Sempra Energy Utilities as it seeks to enhance the region's quality of life. Sempra Energy (NYSE:SRE), based in San Diego, is a Fortune 500 energy services holding company.