South Jersey Industries's most recent quarterly dividend was on Dec 16, 2022 (ex-date) with a cash dividend payment of $0.31 per share. On an annualized basis, the company has a current payout of $1.24 per share. This brings the dividend yield to 3.43% based on its recent close price.
South Jersey Industries's dividend yield of 3.43% is higher than the Utilities sector and its peers average but lower than the industry average. In comparison with the Utilities sector average of 3.07%, South Jersey Industries's dividend yield is 12% higher. Historically SJI's dividend yield has averaged at 4.1% in the last 5 years, which is higher than the current one.
South Jersey Industries has been paying dividends since 1994. SJI has issued four quarterly dividends in the last twelve months. The annualized DPS has increased by 1.7% for the last year. But since the stock price has gone up by 47% from a year ago, the dividend yield has decreased by 31%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Dec 16, 2022 | Dec 27, 2022 | Nov 23, 2022 | $0.31 | normal |
| Sep 8, 2022 | Oct 4, 2022 | Aug 3, 2022 | $0.31 | normal |
| Jun 9, 2022 | Jul 5, 2022 | May 4, 2022 | $0.31 | normal |
| Mar 15, 2022 | Apr 5, 2022 | Feb 24, 2022 | $0.31 | normal |
| Dec 9, 2021 | Dec 29, 2021 | Nov 22, 2021 | $0.31 | normal |
| Sep 9, 2021 | Oct 4, 2021 | Aug 4, 2021 | $0.303 | normal |
| Jun 9, 2021 | Jul 2, 2021 | May 5, 2021 | $0.303 | normal |
| Mar 16, 2021 | Apr 5, 2021 | Feb 16, 2021 | $0.303 | normal |
| Dec 9, 2020 | Dec 29, 2020 | Nov 23, 2020 | $0.303 | normal |
| Sep 9, 2020 | Oct 2, 2020 | Aug 31, 2020 | $0.295 | normal |
| Jun 9, 2020 | Jul 2, 2020 | Apr 27, 2020 | $0.295 | normal |
| Mar 17, 2020 | Apr 2, 2020 | Feb 18, 2020 | $0.295 | normal |
| Dec 9, 2019 | Dec 27, 2019 | Nov 26, 2019 | $0.295 | normal |
| Sep 9, 2019 | Oct 2, 2019 | Jul 8, 2019 | $0.288 | normal |
| Jun 7, 2019 | Jul 2, 2019 | Apr 29, 2019 | $0.288 | normal |
| Mar 15, 2019 | Apr 2, 2019 | Feb 19, 2019 | $0.288 | normal |
| Dec 7, 2018 | Dec 27, 2018 | Nov 19, 2018 | $0.288 | normal |
| Sep 7, 2018 | Oct 2, 2018 | Jul 5, 2018 | $0.28 | normal |
| Jun 8, 2018 | Jul 3, 2018 | May 14, 2018 | $0.28 | normal |
| Mar 16, 2018 | Apr 3, 2018 | Jan 23, 2018 | $0.28 | normal |
| Dec 8, 2017 | Dec 27, 2017 | Nov 20, 2017 | $0.28 | normal |
| Sep 8, 2017 | Oct 3, 2017 | Aug 30, 2017 | $0.273 | normal |
| Jun 7, 2017 | Jul 5, 2017 | Apr 24, 2017 | $0.273 | normal |
| Mar 15, 2017 | Apr 4, 2017 | Feb 13, 2017 | $0.273 | normal |
| Dec 7, 2016 | Dec 29, 2016 | Nov 21, 2016 | $0.273 | normal |
| Sep 7, 2016 | Oct 4, 2016 | Aug 29, 2016 | $0.264 | normal |
| Jun 8, 2016 | Jul 5, 2016 | May 2, 2016 | $0.264 | normal |
| Mar 15, 2016 | Apr 4, 2016 | Feb 16, 2016 | $0.264 | normal |
South Jersey Industries's payout ratio of 89.2% is above the Utilities sector, the industry and its peers average. Compared to its Utilities sector average of 65%, South Jersey Industries's payout ratio is 37% higher.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| SWX Southwest Gas Holdings Inc | 3.72% | $2.46 | 99.8% |
| UGI Ugi Corp | 3.58% | $1.43 | 27.9% |
| SJI South Jersey Industries Inc | 3.43% | $1.24 | 89.2% |
| NI Nisource Inc | 3.42% | $0.94 | 56.3% |
| NFG National Fuel Gas Co | 3.29% | $1.88 | 30.4% |
| NJR New Jersey Resources Corp | 3.05% | $1.51 | 52.7% |
| CNP Centerpoint Energy Inc | 2.35% | $0.7 | 28.5% |
| CPK Chesapeake Utilities Corp | 1.68% | $2.09 | 42.7% |
Yes, South Jersey Industries has paid four dividends in the last 12 months. SJI has been paying dividends since 1994.
SJI hasn't announced its next dividend date yet, however if we take into account its recent dividend schedule, it is likely that its next dividend will be in March 2023.
South Jersey Industries's last regular dividend was on Dec 16, 2022 (ex-date) with the amount of $0.31 per share.
SJI has paid dividend of $1.24 per share in the last year.
South Jersey Industries's current dividend yield is 3.43%.
South Jersey Industries pays dividends quarterly.
The dividend payout ratio of South Jersey Industries is 89.2%.
South Jersey Industries's dividend yield is higher than the Utilities sector average.