(Sempra, 25.Feb.2020) — Sempra Energy’s board of directors has declared a $1.045 per share quarterly dividend on the company’s common stock, which is payable April 15, 2020, to common stock shareholders of record as of March 20, 2020.
The declared quarterly dividend represents an 8% increase to the company’s common stock dividend to $4.18 per share, on an annualized basis, from $3.87 per share in 2019. This is the 10th consecutive year that Sempra Energy has increased its common stock dividend. On average, the company has increased its dividend by more than 10% annually for the last decade.
Sempra Energy’s board of directors also declared a quarterly dividend of $1.50 per share on the company’s 6% Mandatory Convertible Preferred Stock, Series A. Additionally, the board of directors declared a quarterly dividend of $1.6875 per share on the company’s 6.75% Mandatory Convertible Preferred Stock, Series B. The preferred stock dividends will be payable April 15, 2020, to preferred stock shareholders of record as of April 1, 2020.
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