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

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model

NEW YORK ( TheStreet) -- The ex-dividend date for Sempra Energy (NYSE: SRE) is tomorrow, September 26, 2012. Owners of shares as of market close today will be eligible for a dividend of 60 cents per share. At a price of $65.07 as of 9:31 a.m. ET, the dividend yield is 3.7%.

The average volume for Sempra Energy has been one million shares per day over the past 30 days. Sempra Energy has a market cap of $15.6 billion and is part of the utilities sector and utilities industry. Shares are up 17.3% year to date as of the close of trading on Monday.

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 25.4, above the average utilities industry P/E ratio of 17.6 and above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Sempra Energy as a buy. The company's strengths can be seen in multiple areas, such as its good cash flow from operations, solid stock price performance and reasonable valuation levels. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full Sempra Energy Ratings Report.

See our dividend calendar or top-yielding stocks list.

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