FOLSOM, NJ, Nov. 23, 2022 (GLOBE NEWSWIRE) -- Media Contact: Dominick DiRocco

(732)-239-4462

ddirocco@sjindustries.com

Investor Contact: Dan Fidell

(609) 561-9000 ext. 7027

dfidell@sjindustries.com

FOR IMMEDIATE RELEASE

SJI Announces Regular Quarterly Dividend

FOLSOM, NJ, November 23, 2022 – SJI (NYSE:SJI) announced today that its board of directors approved the distribution of the company's regular quarterly dividend at $0.3100 per share for the fourth quarter of 2022.

The dividend is payable December 27, 2022, to shareholders of record at the close of business on December 19, 2022. This is SJI's 71st consecutive year of paying dividends, reflecting the company's commitment to a consistent, sustainable dividend.

About SJI

SJI (NYSE:SJI), an energy infrastructure holding company based in Folsom, NJ, delivers energy services to customers through two primary subsidiaries: SJI Utilities (SJIU) and SJI Energy Enterprises (SJIEE). SJIU houses the company's regulated natural gas utility operations, delivering safe, reliable and affordable natural gas to more than 700,000 residential, commercial and industrial customers across New Jersey via its South Jersey Gas and Elizabethtown Gas subsidiaries. SJIEE houses the company's non-utility operations primarily focused on clean energy development and decarbonization via renewable energy production and energy management activities. Visit sjindustries.com for more information about SJI and its subsidiaries.

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