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SDG&E DECLARES DIVIDEND

 SAN DIEGO, May 24 /PRNewswire/ -- San Diego Gas & Electric's board of directors today declared a quarterly dividend of 37 cents per share on the company's common stock.
 The common stock dividend remains unchanged from the previous quarter, and is payable July 15, 1993, to shareholders of record June 10, 1993.
 The board also declared dividends on SDG&E preferred and preference stock as follows:
 Cumulative preferred: $0.25 per share on the 5 percent series; $0.23 on the 4.60 series; $0.225 on the 4.50 percent series; and $0.22 on the 4.4 percent series.
 Preference (cumulative): $1.95 on the $7.80 series; $1.80 on the $7.20 series; $1.7625 on the $7.05 series; and $0.440625 on the $1.7625 series.
 -0- 5/24/93
 /CONTACT: Gretchen Griswold of San Diego Gas & Electric, 619-696-4309/
 (SDO)


CO: San Diego Gas & Electric ST: California IN: UTI SU: DIV

BP-JL -- SD004 -- 1893 05/24/93 17:42 EDT
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Publication:PR Newswire
Date:May 24, 1993
Words:164
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