SJW Group (NYSE:SJW - Get Free Report) announced a quarterly dividend on Wednesday, January 29th,RTT News reports. Shareholders of record on Monday, February 10th will be given 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 an increase from SJW Group's previous quarterly dividend of $0.40.
SJW Group has raised its dividend by an average of 5.9% per year over the last three years.
SJW Group Stock Performance
NYSE SJW traded down $0.04 during midday trading on Thursday, hitting $49.62. The company had a trading volume of 299,603 shares, compared to its average volume of 273,442. The company has a quick ratio of 0.77, a current ratio of 0.77 and a debt-to-equity ratio of 1.25. The stock has a market cap of $1.62 billion, a price-to-earnings ratio of 17.98, a P/E/G ratio of 3.37 and a beta of 0.65. The firm has a fifty day simple moving average of $50.54 and a two-hundred day simple moving average of $55.49. SJW Group has a fifty-two week low of $44.91 and a fifty-two week high of $62.18.
Analysts Set New Price Targets
A number of equities analysts have recently commented on SJW shares. StockNews.com downgraded shares of SJW Group from a "hold" rating to a "sell" rating in a report on Tuesday, October 29th. Wells Fargo & Company cut their price target on shares of SJW Group from $61.00 to $53.00 and set an "equal weight" rating for the company in a report on Tuesday, January 7th.
View Our Latest Stock Report on SJW
SJW Group Company Profile
(
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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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