LOS ANGELES, Feb. 16, 2021 /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 April 15,
2021, to shareholders of record on March 10, 2021.
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' mission is to build the cleanest, safest and most
innovative energy company in America, delivering affordable and
increasingly renewable energy to its customers. In support of that
mission, 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 2015 through 2019,
the company invested nearly $7 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