SJW Group Declares Quarterly Dividend Payable on March 1, 2017
January 26, 2017
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SJW Group announced that the Board of Directors approved an increase in the annual dividend of 7.4% or $0.06 per share to $0.87 per share. A quarterly dividend of $0.2175 per share is payable on March 1, 2017, to shareholders of record at the close of business on February 6, 2017.
SJW Group is a water and wastewater utilities company providing water service. The Company operates through four wholly owned subsidiaries, namely, San Jose Water Company (SJWC), SJWNE LLC, SJWTX Holdings, Inc., and SJW Land Company. SJWNE LLC is a special purpose entity holding company for Connecticut Water Service, Inc. (CTWS) (and its wholly owned subsidiaries, The Connecticut Water Company (CWC), The Maine Water Company (MWC), Chester Realty, Inc. and New England Water Utility Services, Inc. (NEWUS)). SJWTX Holdings, Inc. is the holding company for SJWTX, Inc., doing business as The Texas Water Company (TWC), Texas Water Operation Services, LLC (TWOS) and Texas Water Resources, LLC (TWR). The Company, through its wholly owned subsidiaries, primarily provides water utility and other related services in California, Connecticut, Maine and Texas. SJW Group has business in property management and real estate investment activity conducted by SJW Land Company and Chester Realty, Inc.