SoCalGas Declares Quarterly Preferred Dividends
In an important announcement, the board of directors of Southern California Gas Company (SoCalGas) declared regular quarterly dividends for its preferred series stock. This decision reflects the company's ongoing commitment to providing value to its shareholders.
Details of the Dividends
SoCalGas has set the preferred stock dividend at $0.375 per share. This will apply to both the general preferred stock and the Series A preferred stock. Shareholders can look forward to receiving these dividends as part of their investment returns.
Payment Schedule for Shareholders
The dividends are scheduled to be paid on April 15, 2026, to shareholders who are on the record by March 10, 2026. This timely announcement allows investors to prepare for this return on their investments.
About Southern California Gas Company
Southern California Gas Company is recognized as the largest gas distribution utility in the United States, serving a remarkable customer base of over 21 million across approximately 24,000 square miles throughout Central and Southern California. The company's mission centers on delivering safe, reliable, and affordable energy now and preparing for a sustainable future.
SoCalGas has also been acknowledged for its community engagement, being named Corporate Member of the Year by the Los Angeles Chamber of Commerce. This endorsement reflects the company's dedication to volunteer leadership and positive contributions to the communities it serves.
Parent Company Information
Southern California Gas Company operates as a subsidiary of Sempra (NYSE: SRE), a prominent North American energy infrastructure company. This partnership enhances SoCalGas' capacity to deliver quality services and innovate in the energy sector.
Future Directions and Commitment to Sustainability
Looking ahead, SoCalGas is focused on renewable energy initiatives and sustainable practices, aligning with broader energy trends and market demands. This commitment ensures they remain a leader in the energy industry and continue to support California's energy needs responsibly and effectively.
Frequently Asked Questions
What are the declared dividends for SoCalGas' preferred stock?
The declared dividends are $0.375 per share for both regular preferred stock and Series A preferred stock.
When will the dividends be paid?
The dividends are set to be paid on April 15, 2026, to shareholders who are on record by March 10, 2026.
Who can expect to receive the dividends?
Shareholders of the preferred stock who are registered by the cutoff date of March 10, 2026, will receive the dividends.
What is SoCalGas’ mission?
SoCalGas aims to deliver safe, reliable, and affordable energy while preparing for future energy needs responsibly.
Who owns Southern California Gas Company?
Southern California Gas Company is a subsidiary of Sempra, a leading energy infrastructure company in North America.
