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SOUTH JERSEY INDUSTRIES DECLARES QUARTERLY DIVIDEND

 FOLSOM, N.J., May 21 /PRNewswire/ -- The board of directors of South Jersey Industries, Inc. (NYSE: SJI) today declared a quarterly dividend of $.36 per share on its common stock for the second quarter of 1993, payable June 30, to shareholders of record at the close of business June 10, 1993.
 Based on the annual dividend rate of $1.44 and a market price of $24.125 at the close of business on May 20, 1993, the common stock yields 5.97 percent.
 South Jersey Industries, Inc., a diversified holding company with investments in natural gas distribution, natural resources development, utility construction, general contracting and environmental cleanup and restoration projects, is traded on the New York and Philadelphia stock exchanges under the trading symbol "SJI."
 /delval/
 -0- 5/21/93
 /CONTACT: R.B. Tonielli of South Jersey Industries, 609-561-9000/
 (SJI)


CO: South Jersey Industries, Inc. ST: New Jersey IN: SU: DIV

JM-MJ -- PH015 -- 1204 05/21/93 12:27 EDT
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Publication:PR Newswire
Date:May 21, 1993
Words:160
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