Global News Select

Sempra Raises Quarterly Dividend by 4.2%

By Colin Kellaher

 

Sempra's board has raised the energy-service holding company's quarterly dividend by 4.2%, to 62 cents from 59.5 cents.

The new payout, equal to $2.48 a year, represents an annual yield of about 3.5%, based on Monday's closing price of $70.91, up from 3.36%.

The San Diego company on Tuesday said the increased dividend is payable April 15 to shareholders of record March 21.

 

Write to Colin Kellaher at colin.kellaher@wsj.com

 

(END) Dow Jones Newswires

February 27, 2024 07:26 ET (12:26 GMT)

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