The Board of Directors of SJW Group has declared a quarterly cash dividend of $0.38 per share payable on March 1, 2023, to all shareholders of record at the close of business on Feb. 6, 2023. The March dividend will represent a 5.6% increase over the dividend paid in December 2022.

The 2023 annualized dividend will be $1.52 per share compared with $1.44 per share in 2022.