SAN JOSE, Calif. -- (Business Wire)
SJW Group (NYSE: SJW) today announced that the Board of Directors
declared a quarterly dividend on common stock of $0.28 per share. The
dividend is payable on June 1, 2018, to shareholders of record at the
close of business on May 7, 2018.
Dividends have been paid on SJW Group’s and its predecessor’s common
stock for 298 consecutive quarters and the annual dividend amount has
increased in each of the last 50 years.
SJW Group is a publicly traded holding company headquartered in San
Jose, California. SJW Group is the parent company of San Jose Water
Company, SJWTX, Inc., 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 Group'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 Group
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 Group's most recent reports on Form 10-K, Form 10-Q
and Form 8-K filed with the Securities and Exchange Commission.SJW
Group undertakes no obligation to publicly update or revise any
forward-looking statement, whether as a result of new information,
future events or otherwise.
View source version on businesswire.com: https://www.businesswire.com/news/home/20180425006920/en/
Contacts:
SJW Group
Suzy Papazian, 408-279-7961
General Counsel and
Corporate Secretary
Source: SJW Group
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