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New Jersey Resources Board of Directors Declares Quarterly Dividend

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The board of directors of New Jersey Resources (NYSE:NJR) has declared a quarterly dividend of $0.3325 per share, payable on April 1, 2021, to shareholders on record as of March 17, 2021. The company has maintained a commitment to delivering value to its shareholders, having paid quarterly dividends since its inception in 1952. NJR operates through several subsidiaries, providing natural gas and clean energy services, including New Jersey Natural Gas, NJR Clean Energy Ventures, and more, serving over half a million customers across New Jersey.

Positive
  • Consistent quarterly dividend of $0.3325 per share enhances shareholder value.
  • Strong commitment to maintaining dividends since 1952 reflects company confidence.
Negative
  • None.

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 April 1, 2021 to shareowners of record as of March 17, 2021.

The company is committed to providing value to its shareowners with a competitive return and has paid quarterly dividends continuously since its inception in 1952.

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 357 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.
  • Storage and Transportation 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.
  • 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.

Follow us on Twitter @NJNaturalGas.
“Like” us on facebook.com/NewJerseyNaturalGas.

NJR-D

FAQ

What is the dividend amount declared by New Jersey Resources (NJR)?

New Jersey Resources (NJR) declared a quarterly dividend of $0.3325 per share.

When will the NJR dividend be paid?

The NJR dividend will be payable on April 1, 2021.

What is the record date for the NJR dividend?

The record date for the NJR dividend is March 17, 2021.

How long has NJR been paying dividends?

New Jersey Resources has paid quarterly dividends continuously since its inception in 1952.

What services does New Jersey Resources (NJR) provide?

NJR provides natural gas and clean energy services, including transportation, distribution, and asset management.

New Jersey Resources Corp

NYSE:NJR

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1.61%
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