WALL, N.J.--(BUSINESS WIRE)--
Today, the board of directors of New Jersey Resources (NJR) unanimously
declared a quarterly dividend on its common stock of $.24 per share. The
dividend will be payable on October 3, 2016 to shareowners of record as
of September 23, 2016.
"Once again, we have the opportunity to reward our shareowners with a
quarterly dividend as we have done continuously since 1952," said
Laurence M. Downes, chairman and CEO of New Jersey Resources. "The
board's action today is an acknowledgement of our team's consistent
performance and strong financial profile and reaffirms our continued
commitment to our 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. With annual revenues in excess of $2.7
billion, NJR is comprised 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, Sussex
and Burlington counties.
NJR Energy Services manages a diversified portfolio of natural
gas transportation and storage assets and provides physical natural
gas services 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 200
megawatts, providing residential and commercial customers with
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:
us on Twitter @NJNaturalGas.
"Like" us on
Download our free NJR investor
relations app for iPad, iPhone and Android.
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New Jersey Resources
Source: New Jersey Resources
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