SJW Group (SJW) To Go Ex-Dividend on February 10th

SJW Group (NYSE:SJW) announced a quarterly dividend on Wednesday, January 29th,RTT News reports. Stockholders 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 dividend yield of 3.31%. The ex-dividend date of this dividend is Monday, February 10th. This is a positive change from SJW Group’s previous quarterly dividend of $0.40.

SJW Group has increased its dividend by an average of 5.9% per year over the last three years.

SJW Group Trading Down 1.9 %

NYSE:SJW opened at $50.82 on Friday. The firm has a fifty day simple moving average of $49.94 and a 200-day simple moving average of $55.13. SJW Group has a 12 month low of $44.91 and a 12 month high of $62.18. The company has a current ratio of 0.77, a quick ratio of 0.77 and a debt-to-equity ratio of 1.25. The company has a market capitalization of $1.66 billion, a P/E ratio of 18.56, a PEG ratio of 3.89 and a beta of 0.65.

Wall Street Analyst Weigh In

Several equities analysts have weighed in on the stock. Wells Fargo & Company decreased their target price on shares of SJW Group from $61.00 to $53.00 and set an “equal weight” rating on the stock in a report on Tuesday, January 7th. Bank of America raised shares of SJW Group from a “neutral” rating to a “buy” rating and dropped their target price for the company from $59.00 to $55.00 in a research report on Monday, February 3rd. Finally, StockNews.com downgraded SJW Group from a “hold” rating to a “sell” rating in a research note on Tuesday, October 29th.

SJW Group Company Profile

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.