SoCalGas Declares Preferred Dividends

Rhea-AI Summary

The board of Southern California Gas Co. has announced a regular quarterly dividend of $0.375 per share for its preferred stock, including Series A. These dividends will be paid on January 15, 2023, to shareholders on record as of December 10, 2022. SoCalGas, a subsidiary of Sempra (NYSE: SRE), serves 21.8 million customers across 24,000 square miles in California and aims for net-zero greenhouse gas emissions by 2045. The company continues to support renewable energy integration in California.

Positive

• Regular quarterly dividend of $0.375 per share enhances shareholder income.
• Commitment to renewable natural gas supports long-term sustainability.

Negative

• None.

LOS ANGELES, Nov. 30, 2022 /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 January 15, 2023, to shareholders of record on December 10, 2022.

About SoCalGas

Headquartered in Los Angeles, SoCalGas® is the largest gas distribution utility in the United States. SoCalGas delivers affordable, reliable, and increasingly renewable gas service to 21.8 million consumers across 24,000 square miles of Central and Southern California. Gas delivered through the company's pipelines will continue to play a key role in California's clean energy transition—providing electric grid reliability and supporting wind and solar energy deployment. 

SoCalGas' mission is to build the cleanest, safest and most innovative energy company in America. In support of that mission, SoCalGas aspires to achieve net-zero greenhouse gas emissions in its operations and delivery of energy by 2045 and to replacing 20 percent of its traditional natural gas supply to core customers with renewable natural gas (RNG) by 2030. Renewable natural gas is made from waste created by landfills and wastewater treatment plants. SoCalGas is also committed to investing in its gas delivery infrastructure while keeping bills affordable for customers. SoCalGas is a subsidiary of Sempra (NYSE: SRE), an energy infrastructure 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

FAQ

What is the upcoming dividend payment for Sempra (SRE)?

The upcoming dividend payment for preferred stock of Sempra (SRE) is $0.375 per share.

When is the dividend payment date for Sempra (SRE)?

The dividend payment date is January 15, 2023.

What is the record date for the dividend for Sempra (SRE)?

The record date for the dividend is December 10, 2022.

How does SoCalGas plan to achieve sustainability?

SoCalGas aims for net-zero greenhouse gas emissions by 2045 and plans to replace 20% of its natural gas supply with renewable natural gas by 2030.