I like stock splits too. Sempra however, has too much uncertainty to split the stock. It has serious exposure to the problems at San Onofre, and no one knows who will held to pay for the losses. The LNG plan looks good,, but if other areas in the world can use fracking to release natural gas Sempra could be stuck with billions of stranded no return investments. Lower share price is good for DRIP investors who can see their holding grow in number of share terms more rapidly. Lower share price and dividend dollar amount are also good for reducing resentment against the company by regulators and customers who feel the value delivered is over priced. The forward PE is really high. Given these factors, I think it will go down over the next few years. Even if it does, it is a good company providing good value for its customers and should be able to sustain though maybe not raise the dividend. It sure beats what is going on in Cypress banks. Who knows what our central bank and the Congress will do to bank savers in this country. Bernanke is stealing from savers, and there is no other way to describe has actions.