San Diego Gas & Electric declares preferred dividends

Nov 15, 2010

Media Contact:
Allison Zaragoza

Financial Contact:
Glen Donovan

San Diego Gas & Electric

Sempra Energy

(877) 866-2066

(877) 736-7727

www.sdge.com

investor@sempra.com

 

 

          SAN DIEGO, Nov. 15, 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 January 15, 2011, to shareholders of record on December 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 845,000 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 about 29 million consumers worldwide.

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