Sempra Energy (SRE) will raise its quarterly dividend by 5.3 percent to $1.10 per share in 2021. This follows a dividend hike of 8.0 percent to $1.045 per share in 2020. This will also mark the 11th consecutive year of annual dividend growth by the utility holding company.

The next dividend is payable April 15, 2021, to common stock shareholders of record as of March 25, 2021. A new annual amount of $4.40 per share yields 3.2% at a stock price of $137.

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).