New Jersey Resources Board of Directors Declares Quarterly Dividend
July 11 2017 - 3:06PM
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 October 2, 2017 to
shareowners of record as of September 22, 2017. NJR has paid
quarterly dividends since its inception in 1952.
“For 65 years, we have rewarded our shareowners with a quarterly
dividend, and with today’s announcement we are proud to carry on
that tradition,” said Laurence M. Downes, chairman and CEO of New
Jersey Resources. “Our ability to execute our plan year after year
continues to earn the trust of our investors and we are grateful
for the confidence they place in us.”
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:
www.njresources.comFollow 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/20170711006475/en/
New Jersey ResourcesInvestors:Dennis Puma,
732-938-1229dpuma@njresources.comorMedia:Michael Kinney,
732-938-1031mkinney@njresources.com
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