SJW Group, through its subsidiaries, provides water utility services in the United States. It engages in the production, purchase, storage, purification, distribution, wholesale, and retail sale of water and wastewater services. The company also provides non-tariffed services, including water system operations, maintenance agreements, and antenna site leases; contracted services and sewer operations to water utilities; and a Linebacker protection plan for public drinking water customers in Connecticut and Maine. Its water supply consists of groundwater from wells, surface water from watershed run-off and diversion, reclaimed water, and imported water purchased from the Santa Clara Valley Water District. The company offers water service to approximately 231,000 connections that serve approximately one million people residing in portions of the cities of San Jose and Cupertino, as well as in the cities of Campbell, Monte Sereno, Saratoga, and the Town of Los Gatos; and adjacent unincorporated territories in the County of Santa Clara in the State of California. In addition, it provides water service to approximately 140,000 connections, which serve approximately 456,000 people in 81 municipalities with a service area comprising approximately 269 square miles throughout Connecticut and Maine, as well as approximately 24,000 connections that serve approximately 70,000 people in a service area comprising approximately 266 square miles in the region between San Antonio and Austin, Texas; and approximately 3,000 wastewater connections in Southbury, Connecticut. Further, the company owns undeveloped land in California and Tennessee; and owns and operates commercial buildings and warehouse properties in Tennessee. The company was formerly known as SJW Corp. and changed its name to SJW Group in November 2016. SJW Group was incorporated in 1985 and is headquartered in San Jose, California.
SJW Dividend Announcement
• SJW announced a quarterly dividend of $0.40 per ordinary share which will be made payable on 2024-12-02. Ex dividend date: 2024-11-04
• SJW annual dividend for 2024 was $1.60
• SJW annual dividend for 2023 was $1.52
• SJW's trailing twelve-month (TTM) dividend yield is 2.94%
• SJW's payout ratio for the trailing twelve months (TTM) is 56.64%
• SJW's dividend growth over the last five years (2018-2023) was 6.30% year
• SJW's dividend growth over the last ten years (2013-2023) was 7.61% year
SJW Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-11-04 | $0.40 | quarterly | 2024-12-02 |
2024-08-05 | $0.40 | quarterly | 2024-09-03 |
2024-05-03 | $0.40 | quarterly | 2024-06-03 |
2024-02-02 | $0.40 | quarterly | 2024-03-01 |
2023-11-03 | $0.38 | quarterly | 2023-12-01 |
2023-08-04 | $0.38 | quarterly | 2023-09-01 |
2023-05-05 | $0.38 | quarterly | 2023-06-01 |
2023-02-03 | $0.38 | quarterly | 2023-03-01 |
2022-11-04 | $0.36 | quarterly | 2022-12-01 |
2022-08-05 | $0.36 | quarterly | 2022-09-01 |
2022-05-06 | $0.36 | quarterly | 2022-06-01 |
2022-02-04 | $0.36 | quarterly | 2022-03-01 |
2021-11-05 | $0.34 | quarterly | 2021-12-01 |
2021-08-06 | $0.34 | quarterly | 2021-09-01 |
2021-05-07 | $0.34 | quarterly | 2021-06-01 |
2021-02-05 | $0.34 | quarterly | 2021-03-01 |
2020-11-06 | $0.32 | quarterly | 2020-12-01 |
2020-08-07 | $0.32 | quarterly | 2020-09-01 |
2020-05-08 | $0.32 | quarterly | 2020-06-01 |
2020-02-07 | $0.32 | quarterly | 2020-03-02 |
2019-11-07 | $0.30 | quarterly | 2019-12-02 |
2019-08-02 | $0.30 | quarterly | 2019-09-03 |
2019-05-03 | $0.30 | quarterly | 2019-06-03 |
2019-02-08 | $0.30 | quarterly | 2019-03-01 |
2018-11-02 | $0.28 | quarterly | 2018-12-03 |
2018-08-03 | $0.28 | quarterly | 2018-09-04 |
2018-05-04 | $0.28 | quarterly | 2018-06-01 |
2018-02-09 | $0.28 | quarterly | 2018-03-01 |
2017-11-28 | $0.17 | quarterly | 2017-12-11 |
2017-11-03 | $0.22 | quarterly | 2017-12-01 |
2017-08-03 | $0.22 | quarterly | 2017-09-01 |
2017-05-04 | $0.22 | quarterly | 2017-06-01 |
2017-02-02 | $0.22 | quarterly | 2017-03-01 |
2016-11-03 | $0.20 | quarterly | 2016-12-01 |
2016-08-04 | $0.20 | quarterly | 2016-09-01 |
2016-05-05 | $0.20 | quarterly | 2016-06-01 |
2016-02-04 | $0.20 | quarterly | 2016-03-01 |
2015-11-05 | $0.20 | quarterly | 2015-12-01 |
2015-08-06 | $0.20 | quarterly | 2015-09-01 |
2015-05-07 | $0.20 | quarterly | 2015-06-01 |
2015-02-05 | $0.20 | quarterly | 2015-03-02 |
2014-11-06 | $0.19 | quarterly | 2014-12-01 |
2014-08-07 | $0.19 | quarterly | 2014-09-02 |
2014-05-08 | $0.19 | quarterly | 2014-06-02 |
2014-02-06 | $0.19 | quarterly | 2014-03-03 |
2013-11-07 | $0.18 | quarterly | 2013-12-02 |
2013-08-08 | $0.18 | quarterly | 2013-09-03 |
2013-05-02 | $0.18 | quarterly | 2013-06-03 |
2013-02-07 | $0.18 | quarterly | 2013-03-01 |
SJW Dividend per year
SJW Dividend growth
SJW Dividend Yield
SJW current trailing twelve-month (TTM) dividend yield is 2.94%. Interested in purchasing SJW stock? Use our calculator to estimate your expected dividend yield:
SJW Financial Ratios
SJW Dividend FAQ
Other factors to consider when evaluating SJW as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: SJW's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, SJW publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, SJW distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from SJW are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: SJW sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, SJW distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: SJW declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of SJW's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review SJW's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.