Sempra Energy (SRE) to Distribute Quarterly Dividend of $0.66 on January 15th

Sempra Energy (NYSE:SRE) announced a quarterly dividend on Wednesday, November 11th. Investors of record on Thursday, December 10th will be paid a dividend of $0.6575 per share by the utilities provider on Friday, January 15th. This represents a $2.63 dividend on an annualized basis and a dividend yield of 3.3%. The ex-dividend date of this dividend is Thursday, December 10th.

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 Up 1.0%

Shares of NYSE SRE opened at $78.97 on Friday. The business has a 50-day moving average price of $81.65 and a 200 day moving average price of $89.08. The stock has a market cap of $51.66 billion, a PE ratio of 16.91, a price-to-earnings-growth ratio of 2.15 and a beta of 0.55. The company has a quick ratio of 1.59, a current ratio of 1.61 and a debt-to-equity ratio of 0.77. Sempra Energy has a 52-week low of $76.21 and a 52-week high of $101.04.

Sempra Energy (NYSE:SRE) last released its quarterly earnings results on Thursday, November 5th. The utilities provider reported $1.40 EPS for the quarter, topping the consensus estimate of $1.22 by $0.18. Sempra Energy had a return on equity of 8.84% and a net margin of 22.53%. The company had revenue of $3.19 billion for the quarter, compared to analyst estimates of $3.31 billion. During the same quarter in the previous year, the company posted $1.11 earnings per share. The firm’s revenue was up 1.3% 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. Equities research analysts forecast that Sempra Energy will post 5.15 earnings per share for the current year.

Sempra Energy Company Profile

Sempra is a North American energy infrastructure company headquartered in San Diego, California. Formed in 1998 through the merger of Pacific Enterprises and Enova Corporation, the company develops and operates regulated utilities and energy infrastructure. In California, Sempra’s utilities include San Diego Gas & Electric and Southern California Gas Company, which provide electricity and natural gas services to homes and businesses. In Texas, its operations include an ownership interest in Oncor, an electric transmission and distribution company.