Skip to content

S. Jersey gas utility raises dividend

South Jersey Industries Inc., a natural gas utility in Folsom, said today that it boosted its quarterly dividend 10 percent to 29.75 cents per share from 27 cents per share.

South Jersey Industries Inc., a natural gas utility in Folsom, said today that it boosted its quarterly dividend 10 percent to 29.75 cents per share from 27 cents per share.

The new dividend is payable Dec. 29 to shareholders of record on Dec. 10.

The company said it expects strong results from several of its businesses, especially asset management and marketing.