South Jersey Industries, Inc. (SJI) Dividends
Dividend Yield and Dividend History Highlights
SJI Price Forecast Based on Dividend Discount Model
Current Price | DDM Fair Value Target: | Forecasted Gain: |
$36.09 | $80.09 | 132.47% |
The Dividend Discount Model (DDM) is a valuation model that attempts to determine a fair share price for a stock, based on the dividend it provides in comparison to several company-specific metrics indicative of the riskiness of the stock and the financial health of the company. In the case of SJI, the DDM model, as implemented by StockNews, implies a positive return of 132.47% relative to its current price. Some interesting points we thought investors may wish to consider regarding the dividend discount model forecast for South Jersey Industries Inc are:
- In comparison to other US listed dividend yielding stocks in the Utilities sector, the expected return of 132.47%, based on the stock's current share price and target price based on a dividend discount model, is greater than only 19.18% of the DDM-forecasted return of its its sector peers.
- Out of all stocks in our universe of US-listed dividend-issuing stocks, South Jersey Industries Inc bears a discount rate, according to our calculations, lower than only 19.18% of them (lower discount rates are generally perceived as positive, and a sign of lower risk).
- In comparison to other dividend stocks in the Utilities sector, SJI is growing its dividends at a faster rate than about 83.58% of them.
- Beta, which compares volatilty of an individual stock to that of the S&P 500, is lower for South Jersey Industries Inc than it is for only 13.7% of other dividend issuers in the Utilities sector.
SJI Dividend History
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SJI Dividends vs. Peers
Looking for More Information on SJI dividends?
Want to see what other sources are saying about South Jersey Industries Inc's dividends? Try the links below:South Jersey Industries Inc Common Stock (SJI) Dividend History | Nasdaq
Dividend History for South Jersey Industries Inc (SJI) - Dividend Investor
South Jersey Industries Inc (SJI) Dividend History - Seeking Alpha