WALL, N.J.--(BUSINESS WIRE)--May 8, 2018--
The board of directors of New Jersey Resources (NYSE:NJR) unanimously
declared a quarterly dividend on its common stock of $.2725 per share.
The dividend will be payable on July 2, 2018 to shareowners of record as
of June 15, 2018.
NJR has paid quarterly dividends continuously since its inception in
1952, and is committed to providing customers and shareowners with
exceptional value by reinvesting earnings to ensure long-term growth.
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 7,400 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 Clean Energy Ventures invests in, owns and operates solar
and onshore wind projects with a total capacity of more than 319
megawatts, providing residential and commercial customers with
low-carbon solutions.
- 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 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
View source version on businesswire.com: https://www.businesswire.com/news/home/20180508006422/en/
Source: New Jersey Resources
New Jersey Resources
Investor:
Dennis Puma, 732-938-1229
dpuma@njresources.com
or
Media:
Michael
Kinney, 732-938-1031
mkinney@njresources.com