Sempra Energy Stock To Go Ex-dividend Tomorrow (SRE)

NEW YORK ( TheStreet) -- The ex-dividend date for Sempra Energy (NYSE: SRE) is tomorrow, March 22, 2012. Owners of shares as of market close today will be eligible for a dividend of 60 cents per share. At a price of $58.71 as of 9:30 a.m. ET, the dividend yield is 4.1%.

The average volume for Sempra Energy has been 1.2 million shares per day over the past 30 days. Sempra Energy has a market cap of $13.48 billion and is part of the utilities sector and utilities industry. Shares are up 6.7% year to date as of the close of trading on Tuesday.

Sempra Energy operates as an energy services holding company worldwide. The company operates utilities, develops new energy infrastructure, and provides energy-related services to approximately 31 million consumers worldwide. The company has a P/E ratio of 13, above the average utilities industry P/E ratio of 10.1 and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Sempra Energy as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, notable return on equity, increase in net income and growth in earnings per share. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full Sempra Energy Ratings Report.

See our dividend calendar or top-yielding stocks list.
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