Sempra Energy (NYSE:SRE) to Issue Quarterly Dividend of $0.66

Sempra Energy (NYSE:SRE) announced a quarterly dividend on Wednesday, September 2nd. Shareholders of record on Thursday, September 24th will be given a dividend of 0.6575 per share by the utilities provider on Thursday, October 15th. This represents a c) dividend on an annualized basis and a yield of 3.1%. The ex-dividend date of this dividend is Thursday, September 24th.

Sempra Energy has raised its dividend by an average of 0.0%annually over the last three years and has raised its dividend every year for the last 22 years. Sempra Energy has a payout ratio of 52.6% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect Sempra Energy to earn $5.52 per share next year, which means the company should continue to be able to cover its $2.63 annual dividend with an expected future payout ratio of 47.6%.

Sempra Energy Price Performance

Shares of NYSE SRE opened at $83.77 on Thursday. The firm has a market capitalization of $54.78 billion, a P/E ratio of 24.28, a PEG ratio of 2.33 and a beta of 0.56. Sempra Energy has a one year low of $78.97 and a one year high of $101.04. The company’s fifty day moving average is $89.13 and its two-hundred day moving average is $91.97. The company has a debt-to-equity ratio of 0.78, a quick ratio of 1.62 and a current ratio of 1.64.

Sempra Energy (NYSE:SRE) last announced its quarterly earnings results on Thursday, August 6th. The utilities provider reported $1.16 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.01 by $0.15. Sempra Energy had a net margin of 16.70% and a return on equity of 8.49%. The business had revenue of $3 billion during the quarter, compared to the consensus estimate of $3.14 billion. During the same quarter last year, the firm posted $0.89 EPS. The business’s revenue was down .1% compared to the same quarter last year. Sempra Energy has set its FY 2027 guidance at 5.100-5.700 EPS and its FY 2026 guidance at 4.800-5.300 EPS. Analysts forecast that Sempra Energy will post 5.12 EPS for the current fiscal year.

About Sempra Energy

Sempra Energy is a San Diego–based energy infrastructure company that develops, owns and operates businesses delivering electricity and natural gas. Its operations include regulated utility services that provide electric and gas distribution to residential, commercial and industrial customers, as well as non‑regulated infrastructure businesses that develop and manage large-scale energy assets.

The company’s product and service portfolio spans electricity and natural gas delivery, transmission and storage, liquefied natural gas (LNG) facilities, power generation and electric transmission projects.