SJW Group Declares Dividend and Announces 2025 Dividend Increase

Core Points - SJW Group has declared a quarterly cash dividend of $0.42 per share, payable on March 3, 2025, representing a 5$1.68 per share, compared to $1.60 per share in 2024 [1] - The company has a long history of dividend payments, having paid dividends on common stock for over 80 consecutive years and increasing the annual dividend for 57 consecutive years [2][6] Company Overview - SJW Group is one of the largest investor-owned pure-play water and wastewater utilities in the United States, serving nearly 1.6 million people [3] - The company operates several water utilities across different states, including California, Connecticut, Maine, and Texas, and focuses on environmental protection, community engagement, and delivering shareholder value [3] Leadership Statement - The CEO, Eric W. Thornburg, emphasized the board's decision to increase the dividend as a sign of confidence in the company's mission and its employees [2]