Hot International Companies To Own For 2015

Hot International Companies To Own For 2015: SJW Corporation (SJW)

SJW Corp., through its subsidiaries, engages in the production, purchase, storage, purification, distribution, wholesale, and retail sale of water. It also provides nonregulated water related services, including full water system operations, billing, and cash remittances under agreements with municipalities. The company?s water supply consists of groundwater from wells, surface water from watershed run-off and diversion, and imported water purchased from the Santa Clara Valley Water District. The company, through its subsidiary, SJW Land Company, owns undeveloped land in the states of California and Tennessee; owns and operates commercial buildings in the states of California, Florida, Connecticut, Texas, Arizona, and Tennessee; and holds a 70% limited partnership interest in 444 West Santa Clara Street, L.P., a real estate limited partnership that owns and operates an office building. It provides water service to approximately 226,000 connections that serve customers in p ortions of the cities of Cupertino and San Jose, as well as in Campbell, Monte Sereno, Saratoga, the Town of Los Gatos, and adjacent unincorporated territory in Santa Clara County, California. The company also provides water service to approximately 9,200 connections that serve approximately 36,000 residents in a service area comprising approximately 237 square miles in the region between San Antonio and Austin, Texas. SJW Corp. was founded in 1866 and is based in San Jose, California.

Advisors' Opinion:

• [By Marc Bastow]

  Public water utility holding company SJW (SJW) raised its quarterly dividend 2.7% to 18.75 cents per share, payable on Mar. 3 to shareholders of record as of Feb. 10.
  SJW Dividend Yield: 2.62%

• [By Sean Williams]

  Finally, geographic diversity, or lack thereof, can be a worry for water u! tilities. Although demand seems to be pretty consistent over time, certain regions of the country may be called upon to ration or conserve water usage depending on a drought. This can therefore reduce demand and profits for water utilities that are confined to a region of the country prone to droughts. SJW (NYSE: SJW  ) – which actually operates in two business segments, water utility and real estate – is one such company that could experience this shortfall. With just over 225,000 customers all located in the Cupertino and San Jose areas of California, any drought in this region could cause a serious fall in demand.

source from Top Stocks For 2015:http://www.topstocksblog.com/hot-international-companies-to-own-for-2015-2.html