San Diego Gas & Electric Declares Preferred Dividends

SOURCE: San Diego Gas & Electric

SAN DIEGO, CA–(Marketwire – August 23, 2010) –  The board of directors of San Diego Gas & Electric (SDG&E) has declared regular quarterly dividends for the preferred and preference series stock of the company as follows:

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

The dividends are payable on October 15, 2010, to shareholders of record on September 10, 2010.

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 more than 840,000 natural gas meters in San Diego and southern Orange counties. The utility’s area spans 4,100 square miles. SDG&E is committed to creating ways to help our customers save energy and money every day. 

SDG&E is a subsidiary of Sempra Energy (NYSE: SRE). Sempra Energy, based in San Diego, is a Fortune 500 energy services holding company with 2009 revenues of more than $8 billion. The Sempra Energy companies’ 13,800 employees serve more than 29 million consumers worldwide.

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

Media Contact:
Allison Zaragoza
San Diego Gas & Electric
(877) 866-2066
www.sdge.com

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