SAN DIEGO, Dec. 15, 2017 /PRNewswire/ -- Today, the board of
directors of Sempra Energy (NYSE:SRE) declared a quarterly dividend
of $0.8225 per share of common stock.
The current dividend is payable Jan. 15,
2018, to shareholders of record at the close of business on
Dec. 29, 2017.
Sempra Energy, based in San Diego, is a Fortune 500 energy
services holding company with 2016 revenues of more than $10
billion. The Sempra Energy companies' more than 16,000 employees
serve approximately 32 million consumers worldwide.
This press release contains statements that are not
historical fact and constitute forward-looking statements within
the meaning of the Private Securities Litigation Reform Act of
1995. These statements can be identified by words such as
"believes," "expects," "anticipates," "plans," "estimates,"
"projects," "forecasts," "contemplates," "assumes," "depends,"
"should," "could," "would," "will," "confident," "may," "can,"
"potential," "possible," "proposed," "target," "pursue," "outlook,"
"maintain," or similar expressions or discussions of guidance,
strategies, plans, goals, opportunities, projections, initiatives,
objectives or intentions. Forward-looking statements are not
guarantees of performance. They involve risks, uncertainties and
assumptions. Future results may differ materially from those
expressed in the forward-looking statements.
Factors, among others, that could cause actual results and
future actions to differ materially from those described in any
forward-looking statements include risks and uncertainties relating
to: actions and the timing of actions, including decisions, new
regulations, and issuances of permits and other authorizations by
the California Public Utilities Commission, U.S. Department of
Energy, California Division of Oil, Gas, and Geothermal Resources,
Federal Energy Regulatory Commission, U.S. Environmental Protection
Agency, Pipeline and Hazardous Materials Safety Administration, Los
Angeles County Department of Public Health, states, cities and
counties, and other regulatory and governmental bodies in
the United States and other
countries in which we operate; the timing and success of business
development efforts and construction projects, including risks in
obtaining or maintaining permits and other authorizations on a
timely basis, risks in completing construction projects on schedule
and on budget, and risks in obtaining the consent and participation
of partners; the resolution of civil and criminal litigation and
regulatory investigations; deviations from regulatory precedent or
practice that result in a reallocation of benefits or burdens among
shareholders and ratepayers; modifications of settlements; delays
in, or disallowance or denial of, regulatory agency authorizations
to recover costs in rates from customers (including with respect to
regulatory assets associated with the San Onofre Nuclear Generating
Station facility and 2007 wildfires) or regulatory agency approval
for projects required to enhance safety and reliability; the
availability of electric power, natural gas and liquefied natural
gas, and natural gas pipeline and storage capacity, including
disruptions caused by failures in the transmission grid,
moratoriums or limitations on the withdrawal or injection of
natural gas from or into storage facilities, and equipment
failures; changes in energy markets; volatility in commodity
prices; moves to reduce or eliminate reliance on natural gas; the
impact on the value of our investment in natural gas storage and
related assets from low natural gas prices, low volatility of
natural gas prices and the inability to procure favorable long-term
contracts for storage services; risks posed by actions of third
parties who control the operations of our investments, and risks
that our partners or counterparties will be unable or unwilling to
fulfill their contractual commitments; weather conditions, natural
disasters, accidents, equipment failures, computer system outages,
explosions, terrorist attacks and other events that disrupt our
operations, damage our facilities and systems, cause the release of
greenhouse gases, radioactive materials and harmful emissions,
cause wildfires and subject us to third-party liability for
property damage or personal injuries, fines and penalties, some of
which may not be covered by insurance (including costs in excess of
applicable policy limits) or may be disputed by insurers;
cybersecurity threats to the energy grid, storage and pipeline
infrastructure, the information and systems used to operate our
businesses and the confidentiality of our proprietary information
and the personal information of our customers and employees;
capital markets and economic conditions, including the availability
of credit and the liquidity of our investments; fluctuations in
inflation, interest and currency exchange rates and our ability to
effectively hedge the risk of such fluctuations; changes in the tax
code as a result of potential federal tax reform, uncertainty as to
what proposals will be enacted, if any, and, if enacted, how they
would be applied; changes in foreign and domestic trade policies
and laws, including border tariffs, revisions to international
trade agreements, such as the North American Free Trade Agreement,
and changes that make our exports less competitive or otherwise
restrict our ability to export or resolve trade disputes; the
ability to win competitively bid infrastructure projects against a
number of strong and aggressive competitors; expropriation of
assets by foreign governments and title and other property
disputes; the impact on reliability of San Diego Gas & Electric
Company's (SDG&E) electric transmission and distribution system
due to increased amount and variability of power supply from
renewable energy sources; the impact on competitive customer rates
due to the growth in distributed and local power generation and the
corresponding decrease in demand for power delivered through
SDG&E's electric transmission and distribution system and from
possible departing retail load resulting from customers
transferring to Direct Access and Community Choice Aggregation or
other forms of distributed and local power generation, and the
potential risk of nonrecovery for stranded assets and contractual
obligations; and other uncertainties, some of which may be
difficult to predict and are beyond our control.
These risks and uncertainties are further discussed in the
reports that Sempra Energy has filed with the U.S. Securities and
Exchange Commission (SEC). These reports are available through the
EDGAR system free-of-charge on the SEC's
website, www.sec.gov, and on the company's
website at www.sempra.com. Investors should not
rely unduly on any forward-looking statements. These
forward-looking statements speak only as of the date hereof, and
the company undertakes no obligation to update or revise these
forecasts or projections or other forward-looking statements,
whether as a result of new information, future events or
otherwise.
Sempra South American Utilities, Sempra Infrastructure,
Sempra LNG & Midstream, Sempra Renewables, Sempra Mexico and
Infraestructura Energética Nova, S.A.B. de C.V. (IEnova) are not
the same as the California Utilities, San Diego Gas & Electric
Company (SDG&E) or Southern California Gas Company (SoCalGas),
and are not regulated by the California Public Utilities
Commission.
[SRE-F]
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SOURCE Sempra Energy