SJW Corp. (SJW) Raises Quarterly Dividend 7.4% to $0.2175; 1.7% Yield

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SJW Group Announces Dividend Increase and Sets Date for 2016 Full-Year and Fourth Quarter Results Announcement

January 25, 2017 6:00 PM EST

SAN JOSE, Calif.--(BUSINESS WIRE)-- SJW Group (NYSE: SJW) today announced that the Board of Directors approved an increase in the annual dividend of 7.4% or $0.06 per share to $0.87 per share. A quarterly dividend of $0.2175 per share is payable on March 1, 2017, to shareholders of record at the close of business on February 6, 2017.

SJW Group will release its 2016 full-year and fourth quarter financial results after the close of the market on February 22, 2017. W. Richard Roth, Chairman of the Board, President and Chief Executive Officer, and James P. Lynch, Chief Financial Officer and... More