New Jersey Resources Board of Directors Declares Quarterly Dividend
The board of directors of New Jersey Resources (NJR) has declared a quarterly dividend of $.3325 per share, payable on January 4, 2021, to shareholders of record as of December 16, 2020. NJR has maintained continuous quarterly dividends since its inception in 1952, demonstrating its long-term commitment to delivering value to shareholders. The company operates across several segments, including natural gas distribution and clean energy services, and aims to promote energy efficiency.
- Declared quarterly dividend of $.3325 per share.
- Continuous quarterly dividends since 1952, indicating strong shareholder value commitment.
- None.
WALL, N.J.--(BUSINESS WIRE)--The board of directors of New Jersey Resources (NYSE: NJR) unanimously declared a quarterly dividend on its common stock of $.3325 per share. The dividend will be payable on January 4, 2021 to shareowners of record as of December 16, 2020.
NJR has paid quarterly dividends continuously since its inception in 1952, and is committed to providing value to its shareowners with a competitive return.
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 7,500 miles of natural gas transportation and distribution infrastructure to serve over half a million customers in New Jersey’s Monmouth, Ocean, Morris, Middlesex and Burlington counties.
- NJR Clean Energy Ventures invests in, owns and operates solar projects with a total capacity of more than 350 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 ownership of Leaf River Energy Center and the Adelphia Gateway Pipeline Project, as well as our 50 percent equity ownership in the Steckman Ridge natural gas storage facility, and our 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 1,100 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.com.
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