South Jersey Industries, Inc. (NYSE:SJI) Updates On Dividend Release Date


On 2016-08-29, South Jersey Industries, Inc. (NYSE:SJI) confirmed the dividend disbursement of $0.264 a share to shareholders as on record 2016-09-09. The firm will release dividend on 2016-10-04 while ex-dividend date is reported to be 2016-09-07.

The shareholders who will hold their stock holding till the ex-dividend date will receive payout. Last year, South Jersey Industries, Inc. (NYSE:SJI) paid a total of $0.264 per share in dividends. This figure stood at $0.264 a share in the same period a year ago indicating a deviation of 5.9896%.

Analyst Opinion The sell-side market experts layering the stock estimates have established a price target of $32.8 on the stock. This figure is the average of recommendations offered by 5 brokerages. The brokerages had set bullish as well as bearish price estimates, which stands at $35 and $31, respectively.

Taking the mathematical rating formula, the price for South Jersey Industries, Inc. (NYSE:SJI) stands at 1.83. Earnings Review South Jersey Industries, Inc. (NYSE:SJI) will report its quarterly earnings for the period ending on 2016-09-30 by 2016-11-03. For the period ending on 2016-09-30, experts are expecting EPS of $-0.13.

Coming to the quarter ending on 2015-12-31, South Jersey Industries, Inc. (NYSE:SJI) recorded EPS of $0.12. The reported numbers came lower than the analysts’ estimates of $0.13, demonstrating a miss of $-0.01 as against reported figures.

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