Sempra Energy (SRE) will raise its quarterly dividend by 8.1 percent to $0.9675 per share in the fourth quarter of 2019. This will mark the 9th consecutive year of annual dividend growth by the utility holding company.

The next dividend is payable April 15, 2019, to common stock shareholders of record as of March 22, 2019. A new annual amount of $3.87 per share yields 3.3% at a stock price of $117.

San Diego-based 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).