SJI Declares Quarterly Dividend

Rhea-AI Summary

SJI (NYSE: SJI) has declared a regular quarterly dividend of $0.29500 per share for Q3 2020, set for payment on October 2, 2020. Shareholders of record by the close of business on September 10, 2020 will be eligible. This marks the 69th consecutive year of dividend payments, highlighting SJI's commitment to a reliable and sustainable dividend strategy. SJI operates through three main subsidiaries, providing energy services to approximately 700,000 customers in New Jersey.

Positive

• Declared quarterly dividend of $0.29500 per share.
• 69th consecutive year of paying dividends, indicating strong financial health and shareholder commitment.
• Serves approximately 700,000 customers, ensuring stable revenue streams.

Negative

• None.

Folsom, Aug. 31, 2020 (GLOBE NEWSWIRE) --                                                                                                 Media Contact:  Marissa Travaline
(609) 561-9000 ext. 4227
mtravaline@sjindustries.com

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

FOR IMMEDIATE RELEASE

SJI Declares Quarterly Dividend

FOLSOM, NJ, August 31, 2020 – SJI’s (NYSE: SJI) board of directors declared its regular dividend of $0.29500 per share for the third quarter of 2020. The dividend is payable October 2, 2020 to shareholders of record at the close of business September 10, 2020. This is SJI’s 69^th consecutive year of paying dividends, reflecting the company’s commitment to a consistent, sustainable dividend.

About SJI

SJI (NYSE: SJI), an energy services holding company based in Folsom, NJ, delivers energy services to its customers through three primary subsidiaries. SJI Utilities, SJI’s regulated natural gas utility business, delivers safe, reliable, affordable natural gas to approximately 700,000 South Jersey Gas and Elizabethtown Gas customers in New Jersey. SJI’s non-utility businesses within South Jersey Energy Solutions promote efficiency, clean technology and renewable energy by providing customized wholesale commodity marketing and fuel management services; and developing, owning and operating on-site energy production facilities. SJI Midstream houses the company’s interest in the PennEast Pipeline Project. Visit sjindustries.com for more information about SJI and its subsidiaries.

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FAQ

What is the dividend amount declared by SJI for Q3 2020?

SJI declared a dividend of $0.29500 per share for Q3 2020.

When is the dividend payment date for SJI's Q3 2020 dividend?

The dividend is payable on October 2, 2020.

What is the record date for SJI's Q3 2020 dividend?

The record date is September 10, 2020.

How many consecutive years has SJI paid dividends?

SJI has paid dividends for 69 consecutive years.

What services does SJI provide?

SJI provides energy services through regulated natural gas utilities and non-utility businesses focused on clean technology and energy production.