Monday Is Your Last Chance To Buy Sempra Energy Before The Dividend Payout
Portfolio Pulse from Benzinga Insights
Sempra Energy (NYSE:SRE) has announced a quarterly dividend of 59.5 cents per share. To be eligible for this dividend, shareholders must own the stock before the ex-dividend date, which is Tuesday. The dividend will be paid out on October 15, 2023.
September 21, 2023 | 2:45 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Sempra Energy's stock may trade lower on Tuesday to reflect the dividend payout. The dividend could also attract investors looking for income, potentially increasing demand for the stock.
Dividend payouts typically cause a stock's price to decrease by the amount of the dividend on the ex-dividend date. However, the announcement of a dividend can also attract new investors looking for income, which could increase demand for the stock and potentially offset the price decrease.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100