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SDG&E DECLARES DIVIDEND

 SAN DIEGO, Aug. 23 /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 Oct. 15, 1993, to shareholders of record Sept. 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): $1.80 on the $7.20 series; $1.7625 on the $7.05 series; $0.440625 on the $1.7625 series; and $0.2125 on the $1.70 series (cumulative from original date of issue, Aug. 30, 1993). The $7.80 series, to be redeemed on Sept. 7, 1993, will pay a $1.1267 dividend for shareholders of record Sept. 3, 1993.
 -0- 8/23/93
 /CONTACT: Gretchen Griswold of San Diego Gas & Electric, 619-696-4309/


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

MF-JF -- SD005 -- 5223 08/23/93 18:07 EDT
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Publication:PR Newswire
Date:Aug 23, 1993
Words:196
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