XML 41 R26.htm IDEA: XBRL DOCUMENT v3.21.1
SUBSEQUENT EVENTS
3 Months Ended
Mar. 31, 2021
Subsequent Events [Abstract]  
SUBSEQUENT EVENTS SUBSEQUENT EVENTS:
During April 2021, the following events occurred:

Restricted shares were granted to SJI Directors, see Note 2.
SJI entered into transactions related to the Equity Units and 2018 Corporate Units, see Note 4.
SJI repaid the $90.0 million principal amount outstanding on its 3.43% Series 2018-A Notes at maturity.
ETG and SJIU entered into a fourth amendment to their revolving credit agreement. See Note 10.

In April and May 2021, the Utilities received approvals from the BPU related to several of their filings related to various periodic rate mechanisms, see Note 7.
On May 5, 2021, SJI’s board of directors declared its regular dividend of $0.3025 per share for the second quarter of 2021. The dividend is payable July 2, 2021 to shareholders of record at the close of business on June 10, 2021.