South Jersey Industries Stock

South Jersey Industries Dividend 2024

South Jersey Industries Dividend

2.11 USD

South Jersey Industries Dividend yield

3.37 %

Ticker

SJI

ISIN

US8385181081

WKN

860789

How much dividend does South Jersey Industries 2024 pay?

According to the latest status from October 2024, South Jersey Industries paid a total of 2.11 USD per share in dividends within the last 12 months. With the current South Jersey Industries price of 36.09 USD, this corresponds to a dividend yield of 5.84 %. A dividend is paid 4 times per year.

3.37 % Dividend Yield=
1.22 USD Dividend
36.09 USD Stock Price

Historical South Jersey Industries Dividends

A dividend is paid 4 times per year. Last year, the payout months were and January.

PaydateDividend
1/16/20230.31
10/8/20220.31
7/9/20220.31
4/15/20220.31
1/9/20220.31
10/9/20210.3
7/9/20210.3
4/16/20210.3
1/9/20210.3
10/9/20200.3
7/9/20200.3
4/17/20200.3
1/9/20200.3
10/9/20190.29
7/7/20190.29
4/15/20190.29
1/7/20190.29
10/7/20180.28
7/8/20180.28
4/16/20180.28
1
2
3
4
...
5

South Jersey Industries dividend history and estimates

In 2023, South Jersey Industries paid a dividend amounting to 2.11 USD. Dividend means that South Jersey Industries distributes a portion of its profits to its owners.
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Dividend
Dividend (Estimate)
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Dividend

Dividend Overview

The dividend per year chart for South Jersey Industries provides a comprehensive view of the annual dividends distributed to shareholders. Analyze the trend to understand the consistency and growth in dividend payouts over the years.

Interpretation and Use

A consistent or increasing trend in dividends can indicate the company's profitability and financial health. Investors can use this data to identify South Jersey Industries’s potential for long-term investment and income generation through dividends.

Investment Strategy

Incorporate the dividend data in evaluating South Jersey Industries's overall performance. A thorough analysis, considering other financial aspects, will help in making informed investment decisions for optimal capital growth and income generation.

South Jersey Industries Dividend History

DateSouth Jersey Industries Dividend
2026e2.5 undefined
2025e2.47 undefined
2024e2.52 undefined
2023e2.11 undefined
2022e2.11 undefined
20211.22 undefined
20201.19 undefined
20191.16 undefined
20181.13 undefined
20171.1 undefined
20161.06 undefined
20151.02 undefined
20140.96 undefined
20131.82 undefined
20120.83 undefined
20110.75 undefined
20100.68 undefined
20090.61 undefined
20080.55 undefined
20070.5 undefined
20060.46 undefined
20050.43 undefined
20040.41 undefined
20030.39 undefined
20020.38 undefined

Is the South Jersey Industries Dividend Safe?

South Jersey Industries has been increasing the dividend for 9 years.

Over the past 10 years, South Jersey Industries has increased it by an annual 4.986 %.

Over a five-year period, the distribution increased by 2.745%.

Analysts expect a Dividend Increase of 31.577% for the current fiscal year.

South Jersey Industries dividend payout ratio

In 2023, South Jersey Industries had a payout ratio of 115.6%. The payout ratio indicates the percentage of the company's profits that South Jersey Industries distributes as dividends.
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Payout ratio
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Payout ratio

What is Yearly Payout Ratio?

The yearly payout ratio for South Jersey Industries represents the proportion of earnings paid out as dividends to shareholders. It is an indicator of the company's financial health and stability, illustrating how much profit is being returned to investors versus being reinvested back into the company.

How to Interpret the Data

A lower payout ratio for South Jersey Industries could mean that the company is reinvesting more into its growth, whereas a higher ratio indicates more earnings are being distributed as dividends. Investors seeking regular income might prefer companies with a higher payout ratio, while those looking for growth may opt for companies with a lower ratio.

Using the Data for Investments

Evaluate South Jersey Industries's payout ratio in conjunction with other financial metrics and performance indicators. A sustainable payout ratio, coupled with strong financial health, can indicate a reliable dividend payout. However, a very high ratio might suggest the company is not sufficiently reinvesting in its future growth.

South Jersey Industries Payout Ratio History

DateSouth Jersey Industries Payout ratio
2026e122.48 %
2025e122.15 %
2024e129.7 %
2023e115.6 %
2022e121.15 %
2021152.35 %
202073.3 %
2019137.8 %
2018536.9 %
2017-2,743.75 %
201668.19 %
201566.5 %
201465.31 %
2013140.7 %
201255 %
201150.25 %
201060.49 %
200962.37 %
200842.93 %
200747.41 %
200637.4 %
200561.61 %
200452.56 %
200357.35 %
200261.89 %

Dividend Details

Understanding South Jersey Industries's Dividend Distributions

South Jersey Industries’s dividends are a portion of the company’s profits distributed to shareholders. It is a critical indicator of the company’s financial health and attractiveness to investors. Dividends provide investors with a steady income stream, in addition to any profits that may come from selling the stock at a higher price than the purchase price.

Year-to-Year Comparison

Examining South Jersey Industries's dividend distributions over the years can highlight the company’s profitability and stability. A consistent or increasing dividend payout can indicate a financially healthy company with predictable earnings, while fluctuations or reductions in dividends can suggest underlying financial or operational challenges.

Impact on Investments

South Jersey Industries's dividend payments are an essential factor for income-focused investors. A robust dividend payout can enhance the stock’s appeal, offering regular income in addition to potential capital gains. It also can indicate the company's confidence in its future earnings, making it a significant consideration in investment decisions.

Interpreting Dividend Fluctuations

Changes in South Jersey Industries’s dividends can result from shifts in the company’s earnings, financial policies, or reinvestment strategies. An increase in dividends often signals financial stability, while a decrease may indicate a need to conserve cash or reinvest profits to fuel growth, each scenario having different implications for investors.

South Jersey Industries Aktienanalyse

What does South Jersey Industries do?

South Jersey Industries Inc (SJI) is an energy company headquartered in Folsom, New Jersey. The company's roots date back to 1910 when its predecessor company, South Jersey Gas Company, was founded to deliver gas to customers in southern New Jersey. Today, SJI operates several business segments, including South Jersey Gas, SJI Utilities, Marina Energy, SJI Energy Services, and SJI Midstream. South Jersey Gas is the largest business segment of SJI, supplying gas to nearly 400,000 customers across nearly 3,000 square kilometers in seven counties in southern New Jersey. SJI Utilities operates water supply and wastewater disposal systems in several rural communities in New Jersey. The company is also involved in the telecommunications industry, offering broadband services through its subsidiary, South Jersey Connect. Marina Energy is a power plant operator that markets electricity in various markets across the United States. The company operates multiple sites that utilize natural gas, solar, and other fuels to generate electricity. SJI Energy Services provides customers with energy efficiency and sustainability solutions, as well as facility operation services. The SJI Midstream business segment is a pipeline operator that provides services to gas utilities and industrial customers in New Jersey, Pennsylvania, and Delaware. Over the years, SJI has also completed a number of acquisitions and partnerships. In 2017, the company acquired Marina Energy and Marina Thermal Plant Acquisitions, LLC. SJI Midstream expanded its pipeline network through the acquisition of Elizabethtown Gas. In 2018, SJI formed a partnership with Ørsted, a major offshore wind energy developer, to expand wind energy infrastructure in the region. SJI is committed to driving the energy transition and transitioning to renewable energy. The company has committed to achieving a 50% reduction in its CO2 emissions by 2030 by focusing on renewable energy and improving efficiency. The company has also shifted its power mix by increasing its reliance on solar and wind energy and meeting its own electricity needs through renewable sources. Overall, SJI has a long history as an energy provider and has evolved into a larger diversified energy company in recent years. With business segments in gas, water, electricity, and telecommunications and a focus on renewable energy, SJI has promising future prospects. South Jersey Industries is one of the most popular companies on Eulerpool.com.
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Frequently Asked Questions about South Jersey Industries stock

How much dividend does South Jersey Industries pay?

Over the past 12 months, South Jersey Industries paid a dividend of 1.22 USD . This corresponds to a dividend yield of about 3.37 %. For the coming 12 months, South Jersey Industries is expected to pay a dividend of 2.47 USD.

What is the dividend yield of South Jersey Industries?

The current dividend yield of South Jersey Industries is 3.37 %.

When does South Jersey Industries pay dividends?

South Jersey Industries pays a quarterly dividend. This is distributed in the months of April, July, October, January.

How secure is the dividend of South Jersey Industries?

South Jersey Industries paid dividends every year for the past 25 years.

What is the dividend of South Jersey Industries?

For the upcoming 12 months, dividends amounting to 2.47 USD are expected. This corresponds to a dividend yield of 6.84 %.

In which sector is South Jersey Industries located?

South Jersey Industries is assigned to the 'Utilities' sector.

Wann musste ich die Aktien von South Jersey Industries kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of South Jersey Industries from 12/27/2022 amounting to 0.31 USD, you needed to have the stock in your portfolio before the ex-date on 12/16/2022.

When did South Jersey Industries pay the last dividend?

The last dividend was paid out on 12/27/2022.

What was the dividend of South Jersey Industries in the year 2023?

In the year 2023, South Jersey Industries distributed 1.24 USD as dividends.

In which currency does South Jersey Industries pay out the dividend?

The dividends of South Jersey Industries are distributed in USD.

Andere Kennzahlen von South Jersey Industries

Our stock analysis for South Jersey Industries Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of South Jersey Industries Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.