Sempra Energy (NYSE:SRE) Updates On Quarterly Dividend


As per Sempra Energy (NYSE:SRE) statement on 2016-06-14, the shareholders would receive dividend for the gone quarter. The company confirmed that it will disburse $0.755 per share as dividend to stakeholders. The record date is set as 2016-06-30, the payout date as 2016-07-15 and the ex-dividend date is 2016-06-28.

Last fiscal Sempra Energy (NYSE:SRE) disbursed cash dividend of $0.755. A year ago, the payout was $0.755, which indicates a difference of 6.0606%. The past track record of five years substantiates that the average payout as given by the firm stands at $0.755, implying 12.4105% growth.

For the period ended on 2015-12-31, Sempra Energy (NYSE:SRE)’s earnings came at $0.79 per share compared to EPS of $1 a year ago. This quarter the firm can post earnings for quarter ending 2016-09-30 on or around 2016-11-01. For this quarter, the analysts have earnings estimate of $0.94 per share.

The interim price target for Sempra Energy (NYSE:SRE) is set at $122. This level is the mean price reached by averaging the stock views of 5 analysts. All these are top brokerages of Wall Street and trail the company’s performance regularly. The best price estimate for Sempra Energy (NYSE:SRE) is seen at $127 and the lowest level is established at $116. This broad range highlights a standard deviation of $4.527 in reported estimates.

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