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SoCalGas Announces $0.375 Quarterly Dividends for Preferred Stockholders

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Socalgas Headquarters Los Angeles Exterior

LOS ANGELES, Jan. 30, 2025 /PRNewswire/ — Southern California Gas Company (SoCalGas) has declared regular quarterly dividends for its preferred stockholders, the company announced Thursday. The board of directors approved dividends of $0.375 per share for both Preferred Stock and Preferred Stock, Series A.

The dividends will be paid on April 15, 2025, to shareholders of record as of March 10, 2025. This marks the latest in a series of consistent dividend payments by the utility company, which serves approximately 21 million consumers across Central and Southern California.

SoCalGas, the largest natural gas distribution utility in the United States, operates across approximately 24,000 square miles. The company has been recognized for its industry leadership, including being named one of Reuters‘ Top 100 Innovators Leading the Global Energy Transition and receiving the Corporate Member of the Year award from the Los Angeles Chamber of Commerce.

“This dividend declaration reflects our commitment to delivering value to our preferred stockholders,” said a company spokesperson. “As we continue to innovate and lead in the energy sector, we remain focused on maintaining strong financial performance.”

SoCalGas is a subsidiary of Sempra (NYSE: ), a leading North American energy infrastructure company. The utility plays a critical role in California‘s energy landscape, providing natural gas to residential, commercial, and industrial customers.

Investors and analysts view the consistent dividend payments as a sign of the company’s financial stability. The $0.375 per share dividend rate applies equally to both classes of preferred stock, maintaining parity among preferred shareholders.

For more information about SoCalGas and its financial performance, investors can visit the company’s website or connect through its social media channels. The company encourages shareholders to ensure their contact information is current with their brokerage to receive timely dividend payments.