Upcoming Dividend • Jun 17
Upcoming dividend of US$0.66 per share Eligible shareholders must have bought the stock before 24 June 2026. Payment date: 15 July 2026. Payout ratio is on the higher end at 88% but the company is not cash flow positive. Trailing yield: 2.9%. Lower than top quartile of Italian dividend payers (4.6%). Lower than average of industry peers (4.1%). Annonce • Jun 04
Voss Capital Urges Sempra to Spin Off its Texas Utility Company On June 3, 2026, Voss Capital announced that it urged Sempra to unlock shareholder value by spinning off its majority-owned Texas utility, Oncor. Voss Capital stated that separating Oncor would create a premier, pure-play public transmission utility, free from California wildfire risks, and estimated Oncor’s equity value at $78 billion by 2028. The activist’s proposal called for a tax-free spin-off of the Company’s 80.3% economic interest in Oncor to the Company’s shareholders, while retaining its California utilities as a stable, high-dividend vehicle. Annonce • May 31
Voss Capital urges Sempra to spin off Texas electricity unit Oncor On May 29, 2026, Voss Capital has urged Sempra to spin off its Oncor electricity unit, creating a high growth Texas focused utility unencumbered by the energy giant’s predominant California business, and it said a newly independent Oncor would be the highest growth public transmission utility in the U.S. and could be worth as much as $78 billion by the end of 2028. In addition, Voss Capital said it would make it easier for investors to understand Company, which is now unnecessarily complicated because it has 3 distinct businesses, Southern California utility operations, Texas based Oncor, and Sempra Infrastructure. Further, Voss Capital stating that Oncor benefits from strong growth as Texas power demand is surging, and much of its capital spending is on projects already approved by regulators and the Texas utility also would not have exposure to the wildfires that have devastated parts of California and depressed valuations of utilities operating in the state. Furthermore, Voss Capital stating that Oncor distributes power to more than 4 million homes and businesses across more than 144,000 miles of transmission lines, while Sempra bought its stake in 2018 for $9.45 billion. Declared Dividend • May 20
Dividend of US$0.66 announced Shareholders will receive a dividend of US$0.66. Ex-date: 24th June 2026 Payment date: 15th July 2026 Dividend yield will be 2.3%, which is lower than the industry average of 4.5%. Sustainability & Growth Dividend is covered by earnings (88% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 6.5% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 51% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Annonce • May 14
Sempra Declares Quarterly Dividend on Common Stock, Payable on July 15, 2026 Sempra announced that its board of directors has declared a $0.6575 per share quarterly dividend on the company's common stock, which is payable July 15, 2026, to common stock shareholders of record at the close of business on June 25, 2026. Annonce • May 10
Sempra Updates Guidance for the Full Year 2026 and Reaffirms Full Year 2027 Sempra updates guidance for the full year 2026 and reaffirms full year 2027. For the period, the company expects GAAP earnings-per-common share (EPS) guidance range to $4.87 to $5.37, reflecting actual results through the first quarter
For the year 2027, the company expects EPS guidance range of $5.10to $5.70. Reported Earnings • May 07
First quarter 2026 earnings released: EPS: US$1.59 (vs US$1.39 in 1Q 2025) First quarter 2026 results: EPS: US$1.59 (up from US$1.39 in 1Q 2025). Revenue: US$3.66b (down 3.9% from 1Q 2025). Net income: US$1.04b (up 14% from 1Q 2025). Profit margin: 28% (up from 24% in 1Q 2025). The increase in margin was driven by lower expenses. Revenue is forecast to grow 2.6% p.a. on average during the next 3 years, compared to a 5.6% growth forecast for the Integrated Utilities industry in Europe. Annonce • Apr 21
Sempra to Report Q1, 2026 Results on May 07, 2026 Sempra announced that they will report Q1, 2026 results at 8:00 AM, US Eastern Standard Time on May 07, 2026 Annonce • Mar 30
Sempra, Annual General Meeting, May 12, 2026 Sempra, Annual General Meeting, May 12, 2026. Annonce • Feb 10
Sempra to Report Q4, 2025 Results on Feb 26, 2026 Sempra announced that they will report Q4, 2025 results at 8:00 AM, US Eastern Standard Time on Feb 26, 2026 Annonce • Jan 12
Sempra Announces Appointment of David J. Barrett as Senior Vice President and Deputy General Counsel of Litigation and Regulatory, Effective January 31, 2026 On January 8, 2026, Sempra announced that David J. Barrett was appointed as Senior Vice President and Deputy General Counsel of Litigation and Regulatory for Sempra. He resigned as Senior Vice President and General Counsel for SoCalGas. All of the foregoing actions will be effective January 31, 2026. New Risk • Nov 26
New minor risk - Insider selling There has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: €1.5m This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.6x net interest cover). Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (15% net profit margin). Significant insider selling over the past 3 months (€1.5m sold). Recent Insider Transactions • Nov 24
Executive Vice President recently sold €476k worth of stock On the 19th of November, Caroline Winn sold around 6k shares on-market at roughly €79.39 per share. This transaction amounted to 12% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €6.1m more than they bought in the last 12 months. Annonce • Nov 07
Sempra Declares Quarterly Dividend, Payable January 15, 2026 Sempra announced that its board of directors has declared a $0.645 per share quarterly dividend on the company's common stock, which is payable Jan. 15, 2026, to common stock shareholders of record at the close of business on Dec. 11, 2025. Annonce • Nov 05
Sempra Updates Earnings Guidance for the Full Year 2025 Sempra Updated Earnings Guidance for the Full Year 2025. for the Year, (Eps) Guidance Range of $3.05 To $3.45,. The Company Is Also Affirming Its Guidance to the High-End or Above Its Projected Long-Term Eps Compound Annual Growth Rate of 7% to 9% for 2025 Through 2029. Annonce • Oct 16
Sempra to Report Q3, 2025 Results on Nov 05, 2025 Sempra announced that they will report Q3, 2025 results at 8:00 AM, US Eastern Standard Time on Nov 05, 2025 Annonce • Sep 18
Sempra Declares Common Dividend, Payable on October 15, 2025 Sempra announced that its board of directors has declared a $0.645 per share quarterly dividend on the company's common stock, which is payable October 15, 2025, to common stock shareholders of record at the close of business on October 1, 2025. Reported Earnings • Aug 08
Second quarter 2025 earnings released: EPS: US$0.71 (vs US$1.13 in 2Q 2024) Second quarter 2025 results: EPS: US$0.71 (down from US$1.13 in 2Q 2024). Revenue: US$3.00b (flat on 2Q 2024). Net income: US$461.0m (down 35% from 2Q 2024). Profit margin: 15% (down from 24% in 2Q 2024). Revenue is forecast to grow 5.6% p.a. on average during the next 3 years, compared to a 3.8% growth forecast for the Integrated Utilities industry in Europe. Annonce • Aug 07
Sempra Updates Earnings Guidance for Full-Year 2025 and 2026 Sempra updated earnings guidance for full-year 2025 and 2026. For the year 2025, the company expects GAAP earnings-per-common-share (EPS) range of $4.05 to $4.45. The company is also affirming its guidance to the high-end or above its projected long-term EPS compound annual growth rate of 7% to 9% for 2025 through 2029.
For the full-year 2026, company expects EPS range of $4.80 to $5.30. Annonce • Jul 22
Sempra to Report Q2, 2025 Results on Aug 07, 2025 Sempra announced that they will report Q2, 2025 results at 8:00 AM, US Eastern Standard Time on Aug 07, 2025 Annonce • Jun 26
Sempra Announces Board Changes On June 21, 2025, the Board of Directors of Sempra promoted Caroline A. Winn to the position of executive vice president of Sempra overseeing Southern California Gas Company and San Diego Gas & Electric Company,Sempra’s California utility subsidiaries. On June 18, 2025, Peter R. Wall provided notice that he will resign as senior vice president, controller and chief accounting officer of Sempra. On June 21, 2025, the Sempra Board promoted Dyan Z. Wold, the current vice president, controller and chief accounting officer of Sempra’s subsidiary Sempra Infrastructure Partners, to the position of vice president, controller and chief accounting officer of Sempra. Ms. Wold, 50, has served as vice president and controller of Sempra Infrastructure Partners since Fall 2021 and as chief accounting officer of Sempra Infrastructure Partners since September 2023. Prior to that, Ms. Wold served as controller of Sempra’s LNG business since November 2019 and in various other finance and accounting leadership roles during her nearly 20-year tenure at the Sempra companies, including assistant controller of SoCalGas and director of accounting research and policies for Sempra. Annonce • May 16
Sempra Declares Quarterly Dividend, Payable on July 15, 2025 Sempra announced that its board of directors has declared a $0.645 per share quarterly dividend on the company's common stock, which is payable July 15, 2025, to common stock shareholders of record at the close of business on June 26, 2025. Annonce • May 08
Sempra Updates Earnings Guidance for the Full Year 2025 Sempra updated earnings guidance for the full year 2025. for the year, the company is updating its full-year 2025 GAAP earnings-per-common-share (EPS) guidance range to $4.25 – $4.65, reflecting actual results through the first quarter. 
