E Daily Stock Pick: South Jersey Industries

A portfolio of stocks I've been building since September 3 is named Volio. It will eventually hold 52 dividend dogs. Volio is the fifth portfolio I've built (at a one dividend dog per-week pace) since 2014. Five portfolios = V for Volio!

Today I'm reviewing the fifth of five utilities sector stocks striving to join my Volio folio. This could be the fifteenth pick for Volio!

Now the utilities sector includes seven industries all geared to delivering water, gas or electricity or all three to us consumers. Utilities industries are: diversified; independent power producers; regulated electric, regulated gas; regulated water; renewable.

My subject today is a mid-cap diversified utility, named South Jersey Industries Inc. Their trading ticker symbol is SJI. This is my first ever report on SJI.

South Jersey Industries Inc, formerly SJI Inc is a New Jersey holding company that acquires and develops utility companies.

Through its many subsidiaries, SJI is primarily involved in transmitting, distributing, and selling natural gas and electricity in the mid-Atlantic U.S. The company segments its operations into gas utility operations and energy group businesses.

'The majority of SJI's total revenue comes from its gas utility operations, which encompasses the company's principal subsidiary: South Jersey Gas. SJG purchases, transmit and sells natural gas primarily for residential consumers in southern New Jersey.

The energy group also represents a significant income stream through its wholesale energy and retail electric services.

Additionally, it owns oil, gas, and mineral rights in the Marcellus Shale region of Pennsylvania; acquires and markets natural gas and electricity to retail end users, as well as provides total energy management services.

South Jersey Industries, Inc. was founded in 1910 and is headquartered in Folsom, New Jersey.

I use three key data points to gauge dividend-paying equities or funds like South Jersey Industries Inc:

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