PORT HURON, Mich., March 10 /PRNewswire/ -- The Board of Directors of
SEMCO ENERGY GAS COMPANY, a subsidiary of SEMCO ENERGY Inc. (Nasdaq: SMGS),
has declared dividends on the outstanding stock of the Corporation as follows:
Quarterly dividend No. 166 of $1.50 per share on the outstanding 6 percent
Cumulative Preferred Stock, Series A;
Quarterly dividend No. 146 of $1.375 per share on the outstanding 5-1/2
percent Cumulative Preferred Stock, Series B;
Quarterly dividend No. 137 of $1.375 per share on the outstanding 5-1/2
percent Cumulative Preferred Stock, Series C; and
Quarterly dividend No. 132 of $1.375 per share on the outstanding 5-1/2
percent Cumulative Preferred Stock, Series D.
All such quarterly dividends are payable on the 1st day of April 1999, to
Preferred stockholders of record at the close of business on March 19, 1999.
SEMCO ENERGY GAS COMPANY distributes regulated natural gas to
approximately 250,000 customers in Michigan. SEMCO ENERGY Inc. also is the
parent company of 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 pipeline and distribution system
construction, construction engineering, quality assurance services and propane
SOURCE SEMCO ENERGY Inc.
CONTACT: Media, Francis R. Lieder, Jr., 810-987-2200, ext. 4186, or Analyst, Edric R. Mason, Jr., 810-989-4104, or fax 810-989-4098, both of SEMCO ENERGY