Sempra Energy (NYSE:SRE) Announces $0.66 Quarterly Dividend

Sempra Energy (NYSE:SRE) announced a quarterly dividend on Wednesday, May 13th. Shareholders of record on Thursday, June 25th will be given a dividend of 0.6575 per share by the utilities provider on Wednesday, July 15th. This represents a c) annualized dividend and a yield of 2.9%. The ex-dividend date of this dividend is Thursday, June 25th.

Sempra Energy has raised its dividend payment by an average of 0.0%annually over the last three years and has increased its dividend every year for the last 22 years. Sempra Energy has a payout ratio of 52.6% meaning its dividend is sufficiently covered by earnings. Analysts expect Sempra Energy to earn $5.54 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 47.5%.

Sempra Energy Stock Performance

Sempra Energy stock opened at $91.67 on Thursday. The company has a quick ratio of 1.66, a current ratio of 1.69 and a debt-to-equity ratio of 0.78. The company has a market capitalization of $59.93 billion, a PE ratio of 31.08, a P/E/G ratio of 3.53 and a beta of 0.60. The firm has a fifty day simple moving average of $94.86 and a two-hundred day simple moving average of $92.01. Sempra Energy has a twelve month low of $73.06 and a twelve month high of $101.04.

Sempra Energy (NYSE:SRE) last posted its quarterly earnings results on Thursday, May 7th. The utilities provider reported $1.51 earnings per share for the quarter, hitting the consensus estimate of $1.51. The business had revenue of $3.66 billion during the quarter, compared to the consensus estimate of $4.10 billion. Sempra Energy had a net margin of 14.31% and a return on equity of 8.20%. The firm’s revenue for the quarter was down 3.9% on a year-over-year basis. During the same period in the previous year, the firm posted $1.44 earnings per share. Sempra Energy has set its FY 2027 guidance at 5.100-5.700 EPS and its FY 2026 guidance at 4.870-5.370 EPS. Research analysts expect that Sempra Energy will post 5.11 EPS for the current 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.