San Diego-based Sempra Energy announced Friday that its board of directors approved a 5 percent increase in the dividend on shares of the company’s common stock to $2.64 per share, on an annualized basis, from $2.52 per share.

Sempra Energy

The first quarterly installment of the new dividend is payable April 15, 2014, to shareholders of record on March 27.

Sempra plans to report it’s 4th-quarter and full-year earnings on Feb. 27.

Sempra Energy, based in San Diego, is a Fortune 500 energy services holding company with 2012 revenues of approximately$10 billion. The Sempra Energy companies’ nearly 17,000 employees serve about 31 million consumers worldwide.

— From a Sempra Energy press release

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Chris Jennewein

Chris Jennewein is Editor & Publisher of Times of San Diego.