SJW Group Declares Dividend and Announces 2025 Dividend Increase
SJW Group (NASDAQ: SJW) has announced a 5% increase in its quarterly dividend to $0.42 per share, payable on March 3, 2025, to shareholders of record as of February 10, 2025. The company's 2025 annualized dividend is expected to reach $1.68 per share, up from $1.60 in 2024.
This marks the company's 57th consecutive year of annual dividend increases, with more than 80 consecutive years of dividend payments. The board's decision reflects their confidence in SJW Group's mission and employees, who are committed to delivering high-quality water services while focusing on environmental protection and community enhancement.
Il Gruppo SJW (NASDAQ: SJW) ha annunciato un aumento del 5% del proprio dividendo trimestrale a $0,42 per azione, pagabile il 3 marzo 2025, agli azionisti registrati al 10 febbraio 2025. Si prevede che il dividendo annualizzato per il 2025 raggiunga $1,68 per azione, in aumento rispetto a $1,60 nel 2024.
Questo segna il 57° anno consecutivo di aumenti annuali del dividendo per l'azienda, con oltre 80 anni consecutivi di pagamenti di dividendi. La decisione del consiglio riflette la loro fiducia nella missione e nei dipendenti del Gruppo SJW, che sono impegnati a fornire servizi idrici di alta qualità, concentrandosi sulla protezione ambientale e sul miglioramento della comunità.
Grupo SJW (NASDAQ: SJW) ha anunciado un aumento del 5% en su dividendo trimestral a $0,42 por acción, pagadero el 3 de marzo de 2025, a los accionistas registrados al 10 de febrero de 2025. Se espera que el dividendo anualizado de la empresa para 2025 llegue a $1,68 por acción, en comparación con $1,60 en 2024.
Esto marca el 57° año consecutivo de aumentos anuales del dividendo de la compañía, con más de 80 años consecutivos de pagos de dividendos. La decisión de la junta refleja su confianza en la misión y los empleados del Grupo SJW, quienes están comprometidos a proporcionar servicios de agua de alta calidad mientras se enfocan en la protección ambiental y el mejoramiento de la comunidad.
SJW 그룹 (NASDAQ: SJW)는 분기 배당금을 $0.42 per share로 5% 인상한다고 발표했으며, 이는 2025년 3월 3일에 지급될 예정입니다. 배당금은 2025년 2월 10일 기준의 주주에게 지급됩니다. 2025년 연간 배당금은 2024년의 $1.60에서 $1.68 per share로 증가할 것으로 예상됩니다.
이번 결정은 회사의 57년 연속 배당금 인상을 기록하며, 80년 이상 연속 배당금 지급을 이어갑니다. 이사회의 결정은 SJW 그룹의 사명과 이를 위해 헌신하는 직원들에 대한 신뢰를 반영하며, 이들은 환경 보호와 지역 사회 개선에 집중하면서 고품질의 물 서비스를 제공하기 위해 노력하고 있습니다.
Groupe SJW (NASDAQ: SJW) a annoncé une augmentation de 5 % de son dividende trimestriel à 0,42 $ par action, payable le 3 mars 2025, aux actionnaires enregistrés au 10 février 2025. Le dividende annualisé de l'entreprise pour 2025 devrait atteindre 1,68 $ par action, contre 1,60 $ en 2024.
Cela marque la 57e année consécutive d'augmentations annuelles de dividendes, avec plus de 80 années consécutives de paiements de dividendes. La décision du conseil reflète leur confiance dans la mission du Groupe SJW et de ses employés, qui s'engagent à fournir des services d'eau de haute qualité tout en se concentrant sur la protection de l'environnement et l'amélioration de la communauté.
SJW Gruppe (NASDAQ: SJW) hat eine Erhöhung der vierteljährlichen Dividende um 5% auf 0,42 $ pro Aktie bekannt gegeben, die am 3. März 2025 an die Aktionäre ausgezahlt wird, die zum 10. Februar 2025 registriert sind. Die annualisierte Dividende des Unternehmens für 2025 wird voraussichtlich 1,68 $ pro Aktie erreichen, im Vergleich zu 1,60 $ im Jahr 2024.
Dies markiert das 57. Jahr in Folge mit jährlichen Dividendensteigerungen des Unternehmens, ergänzt durch mehr als 80 Jahre ununterbrochene Dividendenzahlungen. Die Entscheidung des Vorstands spiegelt ihr Vertrauen in die Mission von SJW Gruppe und deren Mitarbeiter wider, die sich dafür einsetzen, hochwertige Wasserleistungen zu erbringen und gleichzeitig auf den Umweltschutz und die Verbesserung der Gemeinschaft zu achten.
- 5% increase in quarterly dividend from previous quarter
- 57-year track record of consecutive annual dividend increases
- 80+ year history of consistent dividend payments
- Annualized dividend increase to $1.68 per share for 2025 from $1.60 in 2024
- None.
5% increase in annual dividend- 57 consecutive years of annual dividend increases
- More than 80 consecutive years of dividend payments
SAN JOSE, Calif., Jan. 29, 2025 (GLOBE NEWSWIRE) -- The Board of Directors of SJW Group (NASDAQ: SJW) has declared a quarterly cash dividend of
The March dividend will represent a
“The action by our board to increase the annual dividend demonstrates its continuing confidence in SJW Group’s mission and employees,” said President, Chief Executive Officer and Chair of the Board Eric W. Thornburg. “Our team of trusted, passionate and socially responsible professionals is committed to delivering life-sustaining, high-quality water and exceptional service while protecting the environment, enhancing our communities and delivering value for shareholders.”
SJW Group and its predecessors have paid a dividend on common stock for more than 80 consecutive years, and the annual dividend amount has increased in each of the past 57 years, placing SJW Group in an exclusive group of companies.
About SJW Group
SJW Group is among the largest investor-owned pure-play water and wastewater utilities in the United States, providing life-sustaining and high-quality water service to nearly 1.6 million people. SJW Group’s locally led and operated water utilities - San Jose Water Company in California, The Connecticut Water Company in Connecticut, The Maine Water Company in Maine, and SJWTX, Inc. (dba The Texas Water Company) in Texas - possess the financial strength, operational expertise, and technological innovation to safeguard the environment, deliver outstanding service to customers, and provide opportunities to employees. SJW Group remains focused on investing in its operations, remaining actively engaged in its local communities, and delivering continued sustainable value to its stockholders. For more information about SJW Group, please visit www.sjwgroup.com.
Forward-Looking Statements
This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, as amended. Some of these forward-looking statements can be identified by the use of forward-looking words such as “believes,” “expects,” “estimates,” “anticipates,” “intends,” “seeks,” “plans,” “projects,” “may,” “should,” “will,” or the negative of those words or other comparable terminology. These forward-looking statements are only predictions and are subject to risks, uncertainties, and assumptions that are difficult to predict.
These forward-looking statements involve a number of risks, uncertainties and assumptions including, but not limited to, the following factors: (1) the effect of water, utility, environmental and other governmental policies and regulations, including regulatory actions concerning rates, authorized return on equity, authorized capital structures, capital expenditures, PFAS and other decisions; (2) changes in demand for water and other services; (3) unanticipated weather conditions and changes in seasonality including those affecting water supply and customer usage; (4) the effect of the impact of climate change; (5) unexpected costs, charges or expenses; (6) our ability to successfully evaluate investments in new business and growth initiatives; (7) contamination of our water supplies and damage or failure of our water equipment and infrastructure; (8) the risk of work stoppages, strikes and other labor-related actions; (9) catastrophic events such as fires, earthquakes, explosions, floods, ice storms, tornadoes, hurricanes, terrorist acts, physical attacks, cyber-attacks, epidemic, or similar occurrences; (10) changes in general economic, political, business and financial market conditions; (11) the ability to obtain financing on favorable terms, which can be affected by various factors, including credit ratings, changes in interest rates, compliance with regulatory requirements, compliance with the terms and conditions of our outstanding indebtedness, and general market and economic conditions; and (12) legislative, and general market and economic developments. The risks, uncertainties and other factors may cause the actual results, performance or achievements of SJW Group to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements.
Results for a quarter are not indicative of results for a full year due to seasonality and other factors. In addition, actual results, performance or achievements are subject to other risks and uncertainties that relate more broadly to our overall business, including those more fully described in our filings with the SEC, including our most recent reports on Form 10-K, Form 10-Q and Form 8-K. Forward-looking statements are not guarantees of future performance, and speak only as of the date made, and SJW Group undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise, except as required by law.
SJW Group Contacts:
Andrew F. Walters
Chief Financial Officer and Treasurer
408.279.7818
Andrew.Walters@sjwater.com
Daniel J. Meaney, APR
Director of Investor Relations
860.664.6016
Daniel.Meaney@ctwater.com
FAQ
What is SJW Group's new quarterly dividend amount for 2025?
When will SJW Group's next dividend be paid?
How much is SJW Group's expected annual dividend for 2025?
How long has SJW Group maintained consecutive dividend increases?