New Jersey Resources Board of Directors Declares Dividend
September 01 2009 - 12:26PM
Business Wire
The board of directors of New Jersey Resources (NJR) has
unanimously declared a quarterly dividend on its common stock of
$.31 per share. The dividend will be payable on October 1, 2009, to
shareowners of record on September 15, 2009.
NJR has increased its dividend in excess of 10 percent in each
of the last two years and has paid quarterly dividends continuously
since its inception in 1952.
New Jersey Resources, a Fortune 1000 company, provides natural
gas and clean energy services to customers in New Jersey and in
states from the Gulf Coast to New England, and Canada. With over $3
billion in annual revenues, NJR safely and reliably delivers
natural gas through more than 6,500 miles of main to nearly half a
million customers; develops and manages a diverse portfolio of more
than 777,000 dth/d of transportation capacity and nearly 52 Bcf of
storage capacity; and provides appliance installation and service
to approximately 150,000 homes and businesses. NJR has also made
significant investments in the midstream asset sector through
equity partnerships, including Steckman Ridge and Iroquois. Through
Conserve to Preserve®, NJR is helping customers use less energy and
save money. For more information about NJR, visit
www.njliving.com.
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