LOS ANGELES, May 21, 2020 /PRNewswire/ -- The board of
directors of Southern California Gas Co. (SoCalGas) has declared
regular quarterly dividends for the preferred series stock of the
company as follows:
SoCalGas:
|
Preferred
Stock
|
$0.375 per
share
|
Preferred Stock,
Series A
|
$0.375 per
share
|
The dividends are payable on July 15,
2020, to shareholders of record on June 10, 2020.
About SoCalGas
Headquartered in Los Angeles, SoCalGas® is
the largest gas distribution
utility in the United States. SoCalGas delivers
affordable, reliable, clean and increasingly renewable gas service
to 21.8 million customers across 24,000 square miles of
Central and Southern California, where more than 90 percent of
residents use natural gas for heating, hot water, cooking, drying
clothes or other uses. Gas delivered through the company's
pipelines also plays a key role in providing electricity to
Californians— about 45 percent of electric power
generated in the state comes from gas-fired power plants.
SoCalGas's vision is to be the cleanest gas utility
in North America, delivering affordable and increasingly
renewable energy to its customers. In support of that vision,
SoCalGas is committed to replacing 20 percent of its traditional
natural gas supply with renewable natural gas (RNG) by
2030. Renewable natural gas is made from waste created by
dairy farms, landfills and wastewater treatment plants. SoCalGas is
also committed to investing in its gas delivery infrastructure
while keeping bills affordable for our customers. From 2014 through
2018, the company invested nearly $6.5 billion to upgrade
and modernize its pipeline system to enhance safety and
reliability. SoCalGas is a subsidiary of Sempra
Energy (NYSE: SRE), an energy services holding company based
in San Diego. For more information
visit socalgas.com/newsroom or connect with SoCalGas
on Twitter (@SoCalGas), Instagram (@SoCalGas)
and Facebook.
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SOURCE Southern California Gas Company