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Southern California Gas Co. Declares Preferred Dividends, Pacific Enterprises to Redeem Preferred Stock


//business-finance.news-articles.net/content/201 .. cific-enterprises-to-redeem-preferred-stock.html
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Southern California Gas Co. Declares Preferred Dividends, Pacific Enterprises to Redeem Preferred... -- LOS ANGELES, May 26, 2011 /PRNewswire/ --

Southern California Gas Co. Declares Preferred Dividends, Pacific Enterprises to Redeem Preferred Stock

[ ]
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[ Download image ]

LOS ANGELES, May 26, 2011 /PRNewswire/ -- The board of directors of [ Southern California Gas Co. ] (SoCalGas) has declared regular quarterly dividends for the preferred and preference series stock of the company as follows:

(Logo:  [ http://photos.prnewswire.com/prnh/20110110/MM27708LOGO ])

SoCalGas:


Preferred Stock

$0.375 per share

Preferred Stock, Series A

$0.375 per share



The dividends are payable on July 15, 2011, to shareholders of record on June 10, 2011.

In addition, Pacific Enterprises, a subsidiary of Sempra Energy (NYSE: [ SRE ]), separately announced today that it will redeem all of its outstanding preferred stock on June 30, 2011.  The redemption prices for the various series of preferred stock will include payment of all accrued and accumulated dividends to June 30, 2011.

[ Southern California Gas Co. ] has been delivering clean, safe and reliable natural gas to its customers for more than 140 years.  It is the nation's largest natural gas distribution utility, providing service to 20.9 million consumers through nearly 5.8 million meters in more than 500 communities. The company's service territory encompasses approximately 20,000 square miles throughout Central and Southern California, from Visalia to the Mexican border. SoCalGas is a regulated subsidiary of [ Sempra Energy ] (NYSE: SRE).  Sempra Energy, based in San Diego, is a Fortune 500 energy services holding company with 2010 revenues of $9 billion.  The Sempra Energy companies' nearly 16,000 employees serve about 26 million consumers worldwide. 

[ www.socalgas.com ]

SOURCE Southern California Gas Co.

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