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Friday, February 22, 2013

For Investors Only: SRE Raises Dividend Five Percent (5%)

Press release here. SRE closed near another 52-week high.

Disclaimer: this is not an investment site. Do not make any investment decisions based on what you read here.

Meanwhile, from Forbes, an earnings preview:
In spite of an expected dip in profit, most analysts are positive about Sempra Energy before it reports its fourth quarter earnings on Tuesday, February 26, 2013. 
Analysts are expecting Sempra Energy to come in with earnings of 97 cents per share, down 19.8% from a year ago when it reported earnings of $1.21 per share. 
The consensus estimate has fallen over the past three months, from $1.09. For the fiscal year, analysts are expecting earnings of $4.11 per share. Revenue is projected to eclipse the year-earlier total of $2.6 billion by 1%, finishing at $2.63 billion for the quarter. For the year, revenue is projected to come in at $9.82 billion.

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