South Jersey Industries (SJI) Misses Q4 EPS Views; Announces Two-for-One Stock Split

South Jersey Industries (NYSE: SJI) reported Q4 EPS of $0.93, $0.19 worse than the analyst estimate of $1.12.

2015 STOCK SPLIT

SJI intends to split its outstanding common shares two-for-one on May 8, 2015, for shareholders of record on April 17, 2015. Shareholders will receive one share of SJI stock for each share held on the record date and the new shares resulting from the split will be distributed following the close of business on May 7, 2015. SJI will then commence trading at its split-adjusted price on May 8, 2015. As a result of the stock split, the number of authorized shares will increase to 120 million and the number of shares outstanding will increase to approximately 69 million.

For earnings history and earnings-related data on South Jersey Industries (SJI) click here.

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