SRE: Buy Sempra Energy for Its 2.6% Dividend Yield

Sempra Energy (NYSE:SRE) has been named a Top Socially Responsible Dividend Stock by Dividend Channel, signifying a stock with above-average ”DividendRank” statistics including a strong 2.6% yield, as well as being recognized by prominent asset managers as being a socially responsible investment, through analysis of social and environmental criteria.

Environmental criteria include considerations like the environmental impact of the company’s products and services, as well as the company’s efficiency in terms of its use of energy and resources.

Social criteria include elements such as human rights, child labor, corporate diversity, and the company’s impact on society — for instance, taken into consideration would be business activities tied to weapons, gambling, tobacco and alcohol.

According to the ETF Finder at ETF Channel, Sempra Energy is a member of the iShares MSCI KLD 400 Social Index Fund ETF (NYSEARCA:DSI), making up 0.33% of the underlying holdings of the fund, which owns $1,418,784 worth of SRE shares.

START SLIDESHOW: Top 25 Socially Responsible Dividend Stocks — Income To Feel Good About.

The annualized dividend paid by Sempra Energy is $2.80 per share, currently paid in quarterly installments, and its most recent dividend ex-date is on Mar. 25.

Below is a long-term dividend history chart for SRE, which the DividendRank report stressed as being of key importance. Indeed, studying a company’s past dividend history can be of good help in judging whether the most recent dividend is likely to continue.


SRE operates in the Electric Utilities sector, among companies like Companhia Paranaense De Energia (ADR) (NYSE:ELP) and Duke Energy Corp (NYSE:DUK).

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