Southern California Gas Company Announces Quarterly Dividends

Author: Owen Jenkins Updated: 08-28-2025 04:12 PM

Southern California Gas Company Declares Preferred Dividends

The board of directors of Southern California Gas Company (SoCalGas) has officially announced the preferred dividends for the company's stock. This news is notable for shareholders who benefit from these regular quarterly distributions.

Details of the Declared Dividends

SoCalGas declared dividends for its preferred stock series at the rate of $0.375 per share. Each class of preferred stock aligns with the same dividend amount, reflecting the company's commitment to returning value to its shareholders.

Standard Preferred Stock

For the standard preferred stock class, shareholders will receive a payment of $0.375 per share. The consistency in the dividend rate emphasizes SoCalGas's stable financial performance.

Preferred Stock Series A

Similarly, the Series A preferred stock will also yield a dividend of $0.375 per share to its holders. This reinforces the company’s dedication to providing financial returns while maintaining robust business operations.

Payable Dates and Record Information

The declared dividends are set to be payable in the near future, specifically on October 15 of this year. Shareholders on record as of September 10 will be eligible to receive these distributions. This timing allows investors to plan accordingly for their financial interests.

Understanding SoCalGas's Mission

SoCalGas stands as the largest gas distribution utility in the nation, with a significant consumer base exceeding 21 million across a sprawling service area of approximately 24,000 square miles. Their mission focuses on delivering safe, reliable, and affordable energy. The commitment to being ready for future energy demands is evident in their proactive market strategies.

A Leader in the Energy Industry

Moreover, SoCalGas has been recognized for its community involvement, having received accolades such as Corporate Member of the Year from local commerce chambers. This acknowledgment highlights their efforts in fostering relationships and supporting the communities they operate within.

Affiliation with Sempra Energy

SoCalGas operates as a subsidiary of Sempra (NYSE: SRE), a prominent energy infrastructure company in North America. This partnership allows SoCalGas access to a wealth of resources, enhancing service delivery and innovation in energy solutions.

Engagement and Communication

For further information, stakeholders can visit SoCalGas's official newsroom or follow their social media channels for updates and announcements. Such resources are crucial for investors looking to stay informed about the company’s strategic moves and market performance.

Frequently Asked Questions

What is the amount of the declared dividends by SoCalGas?

The declared dividends for both the preferred stock classes amount to $0.375 per share.

When are the dividends payable?

The dividends are scheduled to be payable on October 15 this year.

Who is eligible to receive the dividends?

Shareholders on record as of September 10 will be eligible to receive the declared dividends.

What is SoCalGas's mission?

SoCalGas aims to deliver safe, reliable, and affordable energy while preparing for future energy demands.

Who owns SoCalGas?

SoCalGas is a subsidiary of Sempra, a leading energy infrastructure company in North America.

About The Author

Hi there I'm 38-year-old author and financial consultant Owen Jenkins. Having worked in the financial sector for more than ten years, I am well-versed in the subtleties and complexity that mold our financial environment. Following a degree in finance, I worked in a number of financial institutions honing my abilities in market analysis, financial planning, and investment strategies.

My love is teaching others about investing and personal finance. My goal in writing many books and articles has been to demystify financial ideas and give readers the information they need to make wise financial decisions. I write with a direct, useful style that emphasizes doable suggestions for daily living.

Along with writing, I lead webinars and seminars where I impart knowledge on how to successfully negotiate the financial world. I also write for financial journals and show up as a guest expert on financial news programs a lot. Whether they are new to investing or want to improve their approach, my mission is to enable people to take charge of their financial futures.

Beyond work, I like to hike, play the guitar, and spend time with my family. I think that balance is crucial and want to encourage people to strike a balance between their financial aspirations and their hobbies. I want to help people succeed and achieve financial security through my work, so having a good influence.

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