SAN JOSE, Calif. -- (Business Wire)
SJW Corp. (NYSE: SJW) announces today that the Board of Directors
approved a $0.02 per share increase in the annual dividend to $0.73 per
share. A quarterly dividend of $0.1825 per share is payable on March 1,
2013 to shareholders of record at the close of business on February 11,
SJW Corp. will release its 2012 full-year and fourth quarter financial
results after the close of the market on Tuesday, February 19, 2013. W.
Richard Roth, Chairman of the Board, President and Chief Executive
Officer, and James P. Lynch, Chief Financial Officer and Treasurer, will
review the results in a webcast presentation at 10:00 A.M. (PT) on
Wednesday, February 20, 2013. Interested parties may access the webcast
at the web site www.sjwcorp.com.
An archive of the webcast will be available until April 22, 2013.
SJW Corp. is a publicly traded holding company headquartered in San
Jose, California. SJW Corp. is the parent company of San Jose Water
Company, SJWTX, Inc., Texas Water Alliance Limited, and SJW Land
Company. Together, San Jose Water Company and SJWTX, Inc. provide water
service to more than one million people in San Jose, California and
nearby communities and in Canyon Lake, Texas and nearby communities. SJW
Land Company owns and operates commercial real estate investments.
This press release may contain certain forward-looking statements
including but not limited to statements relating to SJW Corp.'s plans,
strategies, objectives, expectations and intentions, which are made
pursuant to the safe harbor provisions of the U.S. Private Securities
Litigation Reform Act of 1995.These forward-looking statements
involve known and unknown risks, uncertainties and other factors which
may cause the actual results, performance or achievements of SJW Corp.
to be materially different from any future results, performance or
achievements expressed or implied by such forward-looking statements.Results for a quarter are not indicative of results for a full year
due to seasonality and other factors.Other factors that may
cause actual results, performance or achievements to materially differ
are described in SJW Corp.'s most recent reports on Form 10-K, Form 10-Q
and Form 8-K filed with the Securities and Exchange Commission.SJW
Corp. undertakes no obligation to publicly update or revise any
forward-looking statement, whether as a result of new information,
future events or otherwise.
Suzy Papazian, 408-279-7961
Source: SJW Corp.
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