South Jersey Industries (SJI) Raises Quarterly Dividend 2.7% to $0.2875; 3.6% Yield

South Jersey Industries (NYSE: SJI) declared a quarterly dividend of $0.2875 per share, or $1.15 annualized. This is a 2.7% increase from the prior dividend of $0.2800.

The dividend will be payable on December 27, 2018, to stockholders of record on December 10, 2018, with an ex-dividend date of December 7, 2018.

The annual yield on the dividend is 3.6 percent.

“We believe this increase acknowledges the importance of a growing dividend to our shareholders, while balancing the significant need for capital as we continue transforming our business to refocus on high-quality, regulated earnings growth,” said President and CEO Michael J. Renna.

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

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