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SOUTH JERSEY INDUSTRIES DECLARES QUARTERLY DIVIDEND

 FOLSOM, N.J., Nov. 19 /PRNewswire/ -- South Jersey Industries, Inc.'s (NYSE: SJI) board of directors today declared a regular quarterly dividend of 36 cents per share on its common stock for the fourth quarter of 1993, payable Jan. 3, 1994, to all shareholders of record at the close of business on Dec. 10, 1993.
 Based on the annualized dividend of $1.44 and a market price of 23-5/8 at the close of business on Nov. 18, 1993, the common stock yields 6.1 percent. This is the 42nd consecutive year of paying dividends in either cash or stock.
 South Jersey Industries, Inc. is a diversified holding company with investments in natural gas distribution, natural resources development, utility construction, general contracting and environmental cleanup and restoration. It is traded on New York and Philadelphia stock exchanges under the trading symbol "SJI."
 /delval/
 -0- 11/19/93
 /CONTACT: Richard B. Tonielli of South Jersey Industries, 609-561-9000/
 (SJI)


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

MJ-MK -- PH022 -- 6535 11/19/93 12:27 EST
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Publication:PR Newswire
Date:Nov 19, 1993
Words:177
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