New Jersey Resources Board of Directors Declares Quarterly Dividend
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 $.255 per share.
The dividend will be payable on January 3, 2017 to shareowners of record
as of December 15, 2016. NJR has paid quarterly dividends continuously
since its inception in 1952.
"We are committed to providing our customers and shareowners with
exceptional value. The action by our board of directors and our team's
consistent performance has made it possible to reward the confidence our
shareowners place in us year after year," said Laurence M. Downes,
chairman and CEO of New Jersey Resources.
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 comprised of five primary
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
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
NJR Clean Energy Ventures invests in, owns and operates solar
and onshore wind projects with a total capacity of nearly 240
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.
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relations app for iPad, iPhone and Android.
View source version on businesswire.com: http://www.businesswire.com/news/home/20161116006311/en/
New Jersey Resources
Michael Kinney, 732-938-1031
Source: New Jersey Resources
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