SJI Announces Regular Quarterly Dividend

Rhea-AI Summary

SJI has announced a quarterly dividend of $0.3100 per share for Q4 2022, marking its 71st consecutive year of dividend payments. This dividend is payable on December 27, 2022, to shareholders on record as of December 19, 2022. The company, based in Folsom, NJ, operates through two main subsidiaries: SJI Utilities and SJI Energy Enterprises, providing energy services to over 700,000 customers in New Jersey, focusing on both utility and clean energy operations.

Positive

• SJI declared a quarterly dividend of $0.3100, reinforcing its commitment to shareholder returns.
• Achieving 71 consecutive years of dividend payments reflects strong financial stability and investor confidence.

Negative

• None.

FOLSOM, NJ, Nov. 23, 2022 (GLOBE NEWSWIRE) --                                                                                                  Media Contact: Dominick DiRocco
(732)-239-4462

ddirocco@sjindustries.com

                                                                                       Investor Contact: Dan Fidell
(609) 561-9000 ext. 7027
dfidell@sjindustries.com

FOR IMMEDIATE RELEASE

SJI Announces Regular Quarterly Dividend

FOLSOM, NJ, November 23, 2022 – SJI (NYSE: SJI) announced today that its board of directors approved the distribution of the company’s regular quarterly dividend at $0.3100 per share for the fourth quarter of 2022.

The dividend is payable December 27, 2022, to shareholders of record at the close of business on December 19, 2022. This is SJI’s 71st consecutive year of paying dividends, reflecting the company’s commitment to a consistent, sustainable dividend.

About SJI

SJI (NYSE: SJI), an energy infrastructure holding company based in Folsom, NJ, delivers energy services to customers through two primary subsidiaries: SJI Utilities (SJIU) and SJI Energy Enterprises (SJIEE). SJIU houses the company’s regulated natural gas utility operations, delivering safe, reliable and affordable natural gas to more than 700,000 residential, commercial and industrial customers across New Jersey via its South Jersey Gas and Elizabethtown Gas subsidiaries. SJIEE houses the company’s non-utility operations primarily focused on clean energy development and decarbonization via renewable energy production and energy management activities. Visit sjindustries.com for more information about SJI and its subsidiaries.

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FAQ

What is the dividend amount for SJI in Q4 2022?

The dividend amount for SJI in Q4 2022 is $0.3100 per share.

When will SJI pay the dividend for the fourth quarter of 2022?

SJI will pay the dividend on December 27, 2022.

What are the record dates for SJI's quarterly dividend?

The record date for SJI's quarterly dividend is December 19, 2022.

How many years has SJI been paying dividends?

SJI has been paying dividends for 71 consecutive years.

What services does SJI provide?

SJI provides energy services, including safe, reliable natural gas to over 700,000 customers and focuses on clean energy development.