SJW is a holding company. Through its subsidiary, San Jose Water Company (SJWC), Co. is a public utility in the business of providing water service in the metropolitan San Jose, CA area. SJWTX, Inc., a subsidiary of Co., is doing business as Canyon Lake Water Service Company, which is a public utility in the business of providing water service in southern region of the Texas Hill Country in Blanco, Comal, Hays and Travis counties. SJW Land Company, another subsidiary of Co., owns undeveloped land and operates commercial buildings in Tennessee. SJWC also provides non-tariffed services including water system operations, maintenance agreements and antenna site leases. The SJW stock yearly return is shown above.
The yearly return on the SJW stock yearly return page and across the coverage universe of our site,
is a measure of the annual return over the calendar year 2017 for the given stock.
When performing this calculation it is important to factor in dividends, because a financial instrument's annual return is
more than just the change in price if that instrument pays a dividend or coupon.
One way to factor dividends into the return is simply to count them as cash — we don't do
that here. Instead, our website aims to empower investors
by performing the SJW annual return calculation with any dividends reinvested as applicable (on ex-dates).
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