15 Low Profile Dividend Champions to Buy

11. SJW Group (NASDAQ:SJW)

Number of Hedge Fund Holders: 17

SJW Group (NASDAQ:SJW) ranks eleventh on our list of the best Dividend Champions to invest in. The California-based utility company provides water utility services through its subsidiaries. The company is actively growing its business through strategic acquisitions. A major step came in 2019 with its $1.1 billion merger with Connecticut Water Service, which greatly expanded both its service area and customer base. With continued investment in infrastructure improvements and plans for further expansion, the company is well-placed to sustain its growth moving forward. Since the start of 2025, the stock has surged by over 12%, outperforming the market by a wide margin.

In the fourth quarter of 2024, SJW Group (NASDAQ:SJW) reported revenue of $197.8 million, which showed a 15.4% growth from the same period last year. The revenue also beat analysts’ estimates by over $10.3 million. The rise was mainly due to $22.8 million in rate hikes and $9.9 million from increased customer usage, partially offset by a $7.1 million decline in revenue tied to regulatory mechanisms.

SJW Group (NASDAQ:SJW) is a strong dividend payer with a solid balance sheet. At the end of 2024, the company had over $11 million available in cash and cash equivalents, compared with $9.7 million in 2023. It has been making regular dividend payments for the past 80 years, while maintaining a 57-year streak of consistent dividend growth. The company offers a quarterly dividend of $0.42 per share and has a dividend yield of 3.07%, as of April 17.