Provides energy related products and services through its subsidiaries: South Jersey Gas distributes natural gas; South Jersey Energy acquires and markets natural gas and electricity; and South Jersey Resources markets wholesale natural gas storage.
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This stock is a great utlity stock with a nice dividend of $.27 a quarter. They have cut costs and jobs but continue to do well for the stockholders. The price has gone up over $2.00 a share in less than a month. In the bear market we have seen over the past year it is only down little under $2.00 a share and is up over $8.00 a share in the last three years. This also incluudes and increase of dividend payout and a 2 for 1 stock split. Look for the same performance over the next two to four years as the company continues to keep spending at a minimum while revenues expand.