Press release details

Southern California Gas Company And SDG&E Declare Preferred Dividends

Sep 3, 2002
Southern California Gas Company And SDG&E Declare Preferred Dividends SAN DIEGO, September 3, 2002 - The boards of directors of Southern California Gas Company (SoCalGas) 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 October 15, 2002, to shareholders of record on September 20, 2002. The board of directors of Sempra Energy (NYSE: SRE) is scheduled to consider the quarterly dividend on its common stock September 10, 2002.

SoCalGas 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. SoCalGas and SDG&E are part of Sempra Energy Utilities, the umbrella for Sempra Energy's regulated business units. Sempra Energy, based in San Diego, is a Fortune 500 energy services holding company.

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