Sempra Energy’s board of directors has agreed to increase the company’s dividend 9 percent to 82.25 cents per quarter.

The San Diego-based energy services holding company, owner of utilities San Diego Gas & Electric Co. and Southern California Gas Co., said the increase will first show up in dividends payable April 15 to shareholders of record on March 23.

The Fortune 500 company is scheduled to report its fourth quarter earnings Feb. 28.

Zacks Investment Research has reported that the consensus of four analysts’ forecasts is that Sempra will post $1.42 in net income per share, or 3.4 percent less than 2015’s fourth quarter.