South Jersey Industries Inc (NYSE:SJI) had declared a cash dividend of $0.2637 on Aug 29, 2016. The shares will quote ex-dividend on Sep 7, 2016 and the record date has been fixed for Sep 9, 2016. On Aug 29, 2016 share price, the yield comes out to be 3.5432%. The dividend payable date has been fixed on Oct 4, 2016.
In a different note, On Jun 28, 2016, Janney Capital said it Downgrades its rating on South Jersey Industries Inc. The shares have been rated ‘Neutral’ by the firm. JP Morgan said it Initiates Coverage on South Jersey Industries Inc, according to a research note issued on Jun 14, 2016. The shares have been rated ‘Neutral’ by the firm.
South Jersey Industries Inc (SJI) shares turned negative on Thursdays trading session with the shares closing down -0.33 points or -1.11% at a volume of 4,43,386. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $29.6203. The peak price level was also seen at $29.6203 while the days lowest was $29.23. Finally the shares closed at $29.35. The 52-week high of the shares is $32.03 while the 52-week low is $21.24. According to the latest information available, the market cap of the company is $2,333 M.
South Jersey Industries Inc(SJI) last announced its earnings results on Aug 4, 2016 for Fiscal Year 2016 and Q2.Company reported revenue of $154.40M. Analysts had an estimated revenue of $177.83M. Earnings per share were $0.12. Analysts had estimated an EPS of $0.15.
Several Insider Transactions has been reported to the SEC. On Apr 5, 2016, Gina Marie Merritt-epps (Senior VP, General Counsel) sold 2,000 shares at $28.35 per share price.Also, On Mar 30, 2016, Stephen H Clark (SVP, Chief Financial Officer) sold 2,000 shares at $27.80 per share price.On Aug 19, 2015, Victor Fortkiewicz (director) purchased 1,000 shares at $25.82 per share price, according to the Form-4 filing with the securities and exchange commission.
South Jersey Industries Inc. (SJI) is an energy services holding company. The Company provides energy-related products and services through its subsidiaries. Its subsidiaries include South Jersey Gas Company (SJG) South Jersey Energy Company (SJE) South Jersey Resources Group LLC (SJRG) South Jersey Exploration LLC Marina Energy LLC (Marina) South Jersey Energy Service Plus LLC and SJI Midstream LLC. It operates in several operating segments: Gas utility operations consist of natural gas distribution; Wholesale energy operations include the activities of SJRG and SJEX; SJE is involved in retail gas and retail electric activities; Retail gas and other operations include natural gas acquisition and transportation services; Retail electric operations consist of electricity acquisition and transportation; On-site energy production consists of Marina’s thermal energy facility and Appliance service operations include SJESPs servicing of appliances.