SJW Corp. Raises Dividend for 43th Consecutive Year

SJW Corp. (SJW), a water services utility serving customers in California and Texas, raised its quarterly dividend from $0.165 per share to $0.17 per share. The new dividend is payable March 1, 2010 to shareholders of record as of February 8, 2010.

SJW has raised its annual dividend every year since 1967. It is a Dividend Achiever and U.S. Dividend Champion.

Its current dividend yield is 3.10 percent.

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See Sample Portfolios: Water Utility Stocks Pay Solid Dividends for more water utilities stocks.

See Great Dividend Stocks (A-Z) for more investing ideas.

I (RAH) do not own SJW.

Posted February 1, 2010.