SJI Declares Quarterly Dividend

Rhea-AI Summary

SJI has declared a quarterly dividend of $0.3100 per share for Q1 2022, marking its 71st consecutive year of dividend payments. This dividend is payable on April 5, 2022, to shareholders of record as of the close of business on March 16, 2022. SJI operates as an energy infrastructure holding company, primarily delivering natural gas to over 700,000 customers in New Jersey through its subsidiaries, while also focusing on clean energy development through non-utility operations.

Positive

• Declaration of a quarterly dividend of $0.3100 per share.
• 71st consecutive year of dividend payments demonstrates financial stability.
• Operates two subsidiaries providing essential energy services to over 700,000 customers.

Negative

• None.

FOLSOM, NJ, March 01, 2022 (GLOBE NEWSWIRE) --                                                                                                                                                                               Investor Contact: Dan Fidell
(609) 561-9000 ext. 7027
dfidell@sjindustries.com

Media Contact: Dominick DiRocco
(732) 239-4462

ddirocco@sjindustries.com

FOR IMMEDIATE RELEASE

SJI Declares Quarterly Dividend

FOLSOM, NJ, March 1, 2022 – SJI’s (NYSE: SJI) board of directors declared on February 24, 2022 its regular dividend of $0.3100 per share for the first quarter of 2022. The dividend is payable April 5, 2022 to shareholders of record at the close of business March 16, 2022. This is SJI’s 71st consecutive year of paying dividends.

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 announced by SJI?

SJI announced a quarterly dividend of $0.3100 per share.

When is the dividend payable for SJI?

The dividend is payable on April 5, 2022.

What is the record date for the SJI dividend?

The record date for the dividend is March 16, 2022.

How long has SJI been paying dividends?

SJI has been paying dividends for 71 consecutive years.

What services does SJI provide?

SJI provides energy services through its natural gas utility operations and focuses on clean energy development.