The board of directors of New Jersey Resources (NJR) has unanimously declared a quarterly dividend on its common stock of $.38 per share. The dividend will be payable on July 2, 2012 to shareowners of record on June 15, 2012.
“Our shareowners look to us for consistent financial performance,” said Laurence M. Downes, chairman and CEO of NJR. “The action taken by our board is an acknowledgement of our team’s dedication and commitment to providing exceptional value for our customers and shareowners. Once again, we were able to pay a quarterly dividend as we have done continuously since 1952.”
About New Jersey Resources
New Jersey Resources, a
Fortune 1000 company, provides safe and
reliable natural gas and renewable energy services, including
transportation, distribution and asset management in states from the
Gulf Coast to the New England regions, including the Mid-Continent
region, the West Coast and Canada, while investing in and maintaining an
extensive infrastructure to support future growth. With $3 billion in
annual revenues, NJR safely and reliably operates and maintains 6,800
miles of natural gas transportation and distribution infrastructure to
serve nearly half a million customers; develops and manages a diverse
portfolio of 1.2 Bcf/day of firm transportation and over 60.2 Bcf of
firm storage capacity; offers low-carbon, clean energy solutions through
its commercial and residential solar programs and provides appliance
installation, repair and contract service to nearly 130,000 homes and
businesses. Additionally, NJR holds investments in midstream assets
through equity partnerships including Steckman Ridge and Iroquois.
Through Conserve to Preserve®, NJR is helping customers save energy and
money by promoting conservation and encouraging efficiency. For more
information about NJR, visit
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