New Jersey Resources Board of Directors Declares Quarterly Dividend
May 09 2017 - 3:16PM
Business Wire
Today, the board of directors of New Jersey Resources (NYSE:NJR)
unanimously declared a quarterly dividend on its common stock of
$.255 per share. The dividend will be payable on July 3, 2017 to
shareowners of record as of June 15, 2017.
“Our shareowners look to us year after year for a competitive
return on their investment,” said Laurence M. Downes, chairman and
CEO of New Jersey Resources. “The action taken today by our board
of directors is an acknowledgment of our team’s consistent
performance and unwavering commitment to provide exceptional value
for our customers and shareowners.”
About New Jersey
Resources
New Jersey Resources (NYSE: NJR) is a Fortune 1000
company that, through its subsidiaries, provides safe and reliable
natural gas and clean energy services, including transportation,
distribution, asset management and home services. NJR is composed
of five primary businesses:
- New Jersey Natural Gas, NJR’s
principal subsidiary, operates and maintains over 7,300 miles of
natural gas transportation and distribution infrastructure to serve
over half a million customers in New Jersey’s Monmouth, Ocean and
parts of Morris, Middlesex and Burlington counties.
- NJR Energy Services manages a
diversified portfolio of natural gas transportation and storage
assets and provides physical natural gas services and customized
energy solutions to its customers across North America.
- NJR Clean Energy Ventures
invests in, owns and operates solar and onshore wind projects with
a total capacity of more than 280 megawatts, providing residential
and commercial customers with low-carbon solutions.
- NJR Midstream serves customers
from local distributors and producers to electric generators and
wholesale marketers through its 50 percent equity ownership in the
Steckman Ridge natural gas storage facility and its stake in
Dominion Midstream Partners, L.P., as well as its 20 percent equity
interest in the PennEast Pipeline Project.
- NJR Home Services provides
service contracts as well as heating, central air conditioning,
water heaters, standby generators, solar and other indoor and
outdoor comfort products to residential homes throughout New
Jersey.
NJR and its more than 1,000 employees are committed to helping
customers save energy and money by promoting conservation and
encouraging efficiency through Conserve to Preserve® and
initiatives such as The SAVEGREEN Project® and The Sunlight
Advantage®.
For more information about NJR:
Visit www.njresources.com.Follow us on Twitter
@NJNaturalGas.“Like” us on
facebook.com/NewJerseyNaturalGas.Download our free NJR investor
relations app for iPad, iPhone and Android.
NJR-D
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version on businesswire.com: http://www.businesswire.com/news/home/20170509006558/en/
New Jersey ResourcesMedia:Michael Kinney,
732-938-1031mkinney@njresources.comorInvestors:Joanne
Fairechio, 732-378-4967jfairechio@njresources.comDennis Puma,
732-938-1229dpuma@njresources.com
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