Sempra Energy, the San Diego holding company for San Diego Gas & Electric and other subsidiaries, said its board of directors approved a 4.8 percent increase in the annual dividend it pays to shareholders to $2.64 per share from the prior dividend of $2.52 per share.

The first quarterly installment of the dividend is payable April 15 to shareholders of record on March 27.

Sempra, San Diego’s second largest company with 2012 revenue of about $10 billion, is scheduled to report its fourth quarter and final 2013 financials Feb. 27.