Sempra Energy (SRE) will raise its quarterly dividend by 8.8 percent to $0.895 per share in the first quarter of 2018. This translates into a 3.3% yield based on the new annual dividend of $3.58 per share.
The company has now increased its dividend for fourteen consecutive years.
Sempra Energy is a holding company whose operating units are San Diego Gas & Electric Company and Southern California Gas Company, Sempra International (which includes Sempra South American Utilities and Sempra Mexico segments), and Sempra U.S. Gas & Power (which includes Sempra Renewables and Sempra Natural Gas segments).