PORT HURON, Mich., Dec. 17 /PRNewswire/ -- The Board of Directors of SEMCO
ENERGY, Inc. (Nasdaq: SMGS) has today declared its regular quarterly cash
dividends on the outstanding stock of the company as follows:
Quarterly dividend No. 81 of $.578125 per share on the outstanding
$2.3125, Series A, Convertible Cumulative Preferred Stock of the Corporation.
Quarterly dividend No. 86 of $.20 per share on the Common Stock of the
Both dividends are payable on the 15th day of February 1999, to
shareholders of record at the close of business on February 5, 1999.
SEMCO ENERGY is an energy-focused holding company with three subsidiaries:
SEMCO ENERGY GAS COMPANY, a regulated natural gas distribution company with
approximately 240,000 customers in Michigan; SEMCO ENERGY SERVICES, an
unregulated marketer of natural gas and related services; and SEMCO ENERGY
VENTURES, which operates and acquires companies involved in natural gas
construction, energy engineering and propane operations.
SOURCE SEMCO ENERGY, Inc.
CONTACT: Edric R. Mason Jr. of SEMCO ENERGY, 810-989-4104, or fax, 810-989-4098