This morning, South Jersey Industries (NYSE:SJI) declared its quarterly dividend of 36.5 cents per share, an increase of about 11% over its prior dividend. Based on the current stock price, investors can expect a yield of about 2.9% going forward.
Shares of SJI were flat on the news, picking up just a couple of pennies today.
In other dividend news, Apache (NYSE:APA) maintained its quarterly dividend of 15 cents per share. Yum! Brands (NYSE:YUM) maintained its quarterly dividend of 25 cents per share. Penn West Energy Trust (NYSE:PWE) maintained its monthly dividend of 9 cents per share. And Cincinnati Financial (NASDAQ:CINF) maintained its quarterly dividend of 40 cents per share.
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