Today, 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 January 2, 2018 to
shareowners of record as of December 15, 2017.
“NJR continues to be a solid investment, and we are pleased to once
again reward our shareowners with a quarterly dividend,” said Laurence
M. Downes, chairman and CEO of New Jersey Resources. “Since the company
started in 1952, NJR has consistently paid quarterly dividends to
provide our shareholders with a competitive return on their investment.
We appreciate their trust in us, and remain focused on delivering
long-term earnings growth.”
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 primary businesses:
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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.
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NJR Clean Energy Ventures invests in, owns and operates solar
and onshore wind projects with a total capacity of more than 300
megawatts, providing residential and commercial customers with
low-carbon solutions.
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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.
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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.
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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: http://www.businesswire.com/news/home/20171114006531/en/
Copyright Business Wire 2017
Source: Business Wire
(November 14, 2017 - 2:31 PM EST)
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