SAN DIEGO, June 16, 2015 /PRNewswire/ -- The board of
directors of Sempra Energy (NYSE:SRE) today declared a quarterly
dividend of $0.70 per share of common
stock. The current dividend is payable July 15, 2015, to shareholders of record on
June 29, 2015.
Sempra Energy, based in San
Diego, is a Fortune 500 energy services holding company with
2014 revenues of $11 billion.
The Sempra Energy companies' 17,000 employees serve more than 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 like
"believes," "expects," "anticipates," "plans," "estimates,"
"projects," "forecasts," "contemplates," "intends," "depends,"
"should," "could," "would," "will," "confident," "may,"
"potential," "possible," "proposed," "target,"
"pursue," "goals," "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. Forward-looking statements are
necessarily based upon various assumptions involving judgments with
respect to the future and other risks, including, among others:
local, regional, national and international economic,
competitive, political, legislative and regulatory conditions and
developments; actions and the timing of actions, including
issuances of permits to construct and licenses for operation, by
the California Public Utilities Commission, California State
Legislature, U.S. Department of Energy, Federal Energy Regulatory
Commission, Nuclear Regulatory Commission, Atomic Safety and
Licensing Board, California Energy Commission, U.S. Environmental
Protection Agency, California Air Resources Board, and other
regulatory, governmental and environmental bodies in the United States and other countries in which
we operate; the timing and success of business development efforts
and construction, maintenance and capital projects, including risks
in obtaining, maintaining or extending permits, licenses,
certificates and other authorizations on a timely basis and risks
in obtaining adequate and competitive financing for such projects;
energy markets, including the timing and extent of changes and
volatility in commodity prices, and the impact of any protracted
reduction in oil prices from historical averages; the impact on the
value of our natural gas storage assets from low natural gas
prices, low volatility of natural gas prices and the inability to
procure favorable long-term contracts for natural gas storage
services; delays in the timing of costs incurred and the timing of
the regulatory agency authorization to recover such costs in rates
from customers; capital markets conditions, including the
availability of credit and the liquidity of our investments;
inflation, interest and currency exchange rates; the impact of
benchmark interest rates, generally Moody's A-rated utility bond
yields, on our California Utilities' cost of capital; 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 North American transmission
grid, pipeline explosions and equipment failures and the
decommissioning of San Onofre Nuclear Generating Station (SONGS);
cybersecurity threats to the energy grid, natural gas 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,
terrorist attacks that threaten system operations and critical
infrastructure, and wars; the ability to win competitively bid
infrastructure projects against a number of strong competitors
willing to aggressively bid for these projects; weather conditions,
conservation efforts, natural disasters, catastrophic accidents,
and other events that may disrupt our operations, damage our
facilities and systems, and subject us to third-party liability for
property damage or personal injuries; risks that our partners or
counterparties will be unable or unwilling to fulfill their
contractual commitments; risks posed by decisions and actions of
third parties who control the operations of investments in which we
do not have a controlling interest; risks inherent with nuclear
power facilities and radioactive materials storage, including the
catastrophic release of such materials, the disallowance of the
recovery of the investment in, or operating costs of, the nuclear
facility due to an extended outage and facility closure, and
increased regulatory oversight; business, regulatory, environmental
and legal decisions and requirements; 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 of 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; the
inability or determination not to enter into long-term supply and
sales agreements or long-term firm capacity agreements due to
insufficient market interest, unattractive pricing or other
factors; the resolution of litigation; and other uncertainties, all
of which are difficult to predict and many of which are beyond our
control. These risks and uncertainties are further
discussed in the reports that Sempra Energy has filed with the
Securities and Exchange Commission. 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 International, LLC, and Sempra U.S. Gas & Power,
LLC, are not the same companies as the California utilities, San Diego Gas &
Electric (SDG&E) or Southern California Gas Company (SoCalGas),
and Sempra International, LLC, and Sempra U.S. Gas & Power,
LLC, are not regulated by the California Public Utilities
Commission. Sempra International's underlying entities include
Sempra Mexico and Sempra South American Utilities. Sempra U.S. Gas
& Power's underlying entities include Sempra Renewables and
Sempra Natural Gas.
Logo -
http://photos.prnewswire.com/prnh/20110108/SEMPRAENERGYLOGO
To view the original version on PR Newswire,
visit:http://www.prnewswire.com/news-releases/sempra-energy-declares-common-dividend-300099943.html
SOURCE Sempra Energy