Sempra

Sempra is a large North American energy infrastructure company, operating regulated utilities in California and Texas along with a growing liquefied natural gas export business. Its regulated backbone provides stable, rate-based earnings, while the LNG projects add a longer-term growth angle tied to global gas demand. Sempra has raised its dividend for nearly three decades, funded by predictable utility cash flows and supported by a large capital investment program. The yield is moderate and the payout has grown steadily, in line with the utility sector's income-focused character. It offers a dependable, growing distribution with a modest tilt toward infrastructure growth.