SoCalGas Declares Preferred Dividends

Rhea-AI Summary

SoCalGas (SOCGP) has announced its regular quarterly dividend declaration for preferred stockholders. The board of directors has approved dividends of $0.375 per share for both the Preferred Stock and Preferred Stock, Series A. These dividends will be paid on April 15, 2025, to shareholders who are recorded as owners as of March 10, 2025.

Positive

• Consistent quarterly dividend payment maintained at $0.375 per share
• Equal dividend treatment for both preferred stock classes

Negative

• None.

News Market Reaction – SOCGP

-1.50%

1 alert

-1.50% News Effect

On the day this news was published, SOCGP declined 1.50%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

LOS ANGELES, Jan. 30, 2025 /PRNewswire/ -- The board of directors of Southern California Gas Company (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 April 15, 2025, to shareholders of record on March 10, 2025.

About SoCalGas
SoCalGas is the largest gas distribution utility in the United States serving approximately 21 million consumers across approximately 24,000 square miles of Central and Southern California. SoCalGas is a recognized leader in its industry and community, as demonstrated by being named one of Reuters' Top 100 Innovators Leading the Global Energy Transition and Corporate Member of the Year by the Los Angeles Chamber of Commerce. SoCalGas is a subsidiary of Sempra (NYSE: SRE), a leading North American energy infrastructure company. For more information, visit SoCalGas.com/newsroom or connect with SoCalGas on social media @SoCalGas.

  

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SOURCE Southern California Gas Company

FAQ

What is the dividend amount for SoCalGas (SOCGP) preferred shares in Q1 2025?

SoCalGas has declared a quarterly dividend of $0.375 per share for both its Preferred Stock and Preferred Stock, Series A.

When is the dividend payment date for SOCGP preferred shares?

The dividend payment date is April 15, 2025.

What is the record date for SoCalGas preferred stock dividend?

The record date for the dividend is March 10, 2025.

How much will SOCGP preferred stockholders receive per share in April 2025?

Preferred stockholders will receive $0.375 per share for both regular Preferred Stock and Preferred Stock, Series A.

Are both series of SoCalGas preferred stock receiving the same dividend amount?

Yes, both the Preferred Stock and Preferred Stock, Series A will receive equal dividends of $0.375 per share.