San Diego Gas & Electric Declares Preferred Dividends

SAN DIEGO, May 24, 2011 – 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, 2011, to shareholders of record on
June 10, 2011.

SDG&E is a regulated public utility that provides safe and reliable energy service to 3.5 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 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 2010 revenues of $9 billion.  The Sempra Energy companies’ nearly 16,000 employees serve about 26 million consumers worldwide.

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Media Contact: Allison Zaragoza, San Diego Gas & Electric, (877) 866-2066, www.sdge.com, Financial Contact: Scott Tomayko, Sempra Energy, (877) 736-7727, investor@sempra.com

Category

San Diego Gas & Electric , Sempra Energy