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

Sempra Energy (NYSE:SRE) declared a quarterly dividend on Wednesday, May 13th. Investors 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 increased its dividend payment by an average of 0.0%annually over the last three years and has increased its dividend annually for the last 22 consecutive 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 $5.54 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

SRE stock opened at $91.67 on Thursday. The stock’s 50 day simple moving average is $94.86 and its 200 day simple moving average is $92.01. The company has a current ratio of 1.69, a quick ratio of 1.66 and a debt-to-equity ratio of 0.78. Sempra Energy has a 12-month low of $73.06 and a 12-month high of $101.04. The stock has a market capitalization of $59.93 billion, a PE ratio of 31.08, a price-to-earnings-growth ratio of 3.53 and a beta of 0.60.

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. Sempra Energy had a return on equity of 8.20% and a net margin of 14.31%.The firm had revenue of $3.66 billion during the quarter, compared to analysts’ expectations of $4.10 billion. During the same quarter in the previous year, the business earned $1.44 earnings per share. The company’s revenue was down 3.9% on a year-over-year basis. 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. As a group, research analysts forecast that Sempra Energy will post 5.11 earnings per share 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.