Tag: Utilities

  • Eversource Energy announces dividend increase of 5.9%

    Eversource Energy announces dividend increase of 5.9%

    The Eversource Energy Board of Trustees declared a quarterly dividend of $0.675 per share, payable March 31, 2023, to shareholders of record as of March 2, 2023. Eversource also announced today that it will webcast a conference call with financial analysts on Tuesday, February 14, 2023, beginning at 9 a.m. Eastern Time, at which senior…

  • Infrastructure Investments Fund completes Acquisition of South Jersey Industries

    Infrastructure Investments Fund completes Acquisition of South Jersey Industries

    Also announced is a special dividend of $0.1499 per share. South Jersey Industries, Inc. (NYSE: SJI) (SJI) and the Infrastructure Investments Fund (IIF), a private investment vehicle focused on investing in critical infrastructure assets, announced that IIF’s acquisition of SJI is closing today. “The completion of this transaction marks an exciting new chapter for SJI,”…

  • Regulators approve acquisition of South Jersey Industries (SJI)

    Regulators approve acquisition of South Jersey Industries (SJI)

    I’ll need to find a replacement for this safe dividend paying company. The deal is set to close on February 1, 2023. I’m looking at Dominion Energy (D) right now. They have been in business for 120 years and are paying a yield of 4.3%. Their dividend cut in 2020, which ended their 90+ year…

  • Con Ed (ED) raises dividend 2.5%

    Con Ed (ED) raises dividend 2.5%

    Con Edison (ED) announced its next dividend of $0.81/share, marking their 49th consecutive annual increase. Consolidated Edison, Inc. (Con Edison) (NYSE: ED) declared a quarterly dividend of 81 cents a share on its common stock, payable March 15, 2023 to stockholders of record as of February 15, 2023, an annualized increase of 8 cents over the previous annualized dividend of $3.16 a share. “The 49th…

  • South Jersey Industries (SJI) to be acquired

    South Jersey Industries (SJI) to be acquired

    South Jersey Industries (SJI) has a current dividend yield of 3.78% and is rated as “SAFE” by SimplySafeDividends. I hold SJI in my Low Yield Portfolio. In total SJI is 0.7% of my portfolio. According to an analysis of the announcement by SimplySafeDividends South Jersey Industries (SJI) will continue to pay out its dividend through…

  • Penultimate month of 2021

    Penultimate month of 2021

    Chasing the Yield – November 1, 2021 Episode 27 Value 4 Value podcastingListen to this podcast on PodFriend News Black Hills (BKH) marks 51st consecutive annual dividend increase – Chasing the Yield Microsoft passes Apple in market cap – Chasing the Yield Exxon and Chevron flush with cash from rising oil prices – Chasing the…