San Diego Gas & Electric Declares Preferred Dividends

SAN DIEGO, May 17, 2012 /PRNewswire/ -- 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 July 15, 2012 to shareholders of record at the close of business on June 10, 2012.

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 850,000 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 customers save energy and money every day.  

SDG&E is a subsidiary of Sempra Energy (NYSE: SRE), a Fortune 500 energy services holding company based in San Diego. 

(Logo:  http://photos.prnewswire.com/prnh/20110106/MM26476LOGO)

SOURCE San Diego Gas & Electric

For further information: Media, Erin Koch, San Diego Gas & Electric, +1-877-866-2066, www.sdge.com, Twitter: @sdge, or Financial, Scott Tomayko, Sempra Energy, +1-877-736-7727, investor@sempra.com