SJW Group (SJW) to Issue Quarterly Dividend of $0.42 on March 3rd

SJW Group (NYSE:SJWGet Free Report) declared a quarterly dividend on Wednesday, January 29th,RTT News reports. Shareholders of record on Monday, February 10th will be paid a dividend of 0.42 per share by the utilities provider on Monday, March 3rd. This represents a $1.68 annualized dividend and a yield of 3.39%. The ex-dividend date of this dividend is Monday, February 10th. This is a boost from SJW Group’s previous quarterly dividend of $0.40.

SJW Group has increased its dividend by an average of 5.9% annually over the last three years.

SJW Group Stock Performance

NYSE:SJW opened at $49.62 on Friday. The stock has a market capitalization of $1.62 billion, a P/E ratio of 17.80, a PEG ratio of 3.64 and a beta of 0.65. The company has a debt-to-equity ratio of 1.25, a quick ratio of 0.77 and a current ratio of 0.77. SJW Group has a fifty-two week low of $44.91 and a fifty-two week high of $62.18. The company has a 50 day moving average price of $50.43 and a 200 day moving average price of $55.45.

Analyst Ratings Changes

Several equities analysts have weighed in on the company. Wells Fargo & Company dropped their target price on SJW Group from $61.00 to $53.00 and set an “equal weight” rating for the company in a research report on Tuesday, January 7th. StockNews.com downgraded shares of SJW Group from a “hold” rating to a “sell” rating in a research note on Tuesday, October 29th.

View Our Latest Analysis on SJW Group

SJW Group Company Profile

(Get Free Report)

SJW Group, through its subsidiaries, provides water utility and other related services in the United States. It operates in Water Utility Services and Real Estate Services segments. The company engages in the production, purchase, storage, purification, distribution, wholesale, and retail sale of water and wastewater services; and supplies groundwater from wells, surface water from watershed run-off and diversion, reclaimed water, and imported water purchased from the Santa Clara Valley Water District.

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Dividend History for SJW Group (NYSE:SJW)

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