New Jersey Resources Board Of Directors Declares Quarterly Dividend
The board of directors of New Jersey Resources (NJR) has unanimously declared a quarterly dividend on its common stock of $.40 per share. The dividend will be payable on December 31, 2012 to shareowners of record on December 14, 2012.
“NJR has paid quarterly dividends continuously since its inception in 1952,” said Laurence M. Downes, chairman and CEO of NJR. “Our board of directors accelerated the payment date from January 2013 due to concerns that the tax rate on dividends may rise next year unless Washington lawmakers address the fiscal cliff. We urge our shareowners to contact their congressional representatives to keep dividend tax rates at current levels.”
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 approximately half a million customers; develops and manages a
diverse portfolio of 1.5 Bcf/day of firm transportation and over 62.1
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 135,000
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
www.njresources.com,
“Like” us at Facebook.com/NewJerseyNaturalGas, follow us on Twitter
@NJNaturalGas and download our free NJR investor relations app for iPad.
Select the service that is right for you!
COMPARE ALL SERVICESAction Alerts PLUS
TRY IT FREEJim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
Product Features:
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Dividend Stock Advisor
TRY IT FREENew! $49.95/yr
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
Product Features:
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Stocks Under $10
TRY IT FREEDavid Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.
Product Features:
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
- Weekly roundups
Real Money
TRY IT FREE24/7 market commentary from Jim Cramer and 20+ veteran Wall Street gurus. Get access to the latest trading ideas on stocks, options, and ETFs as well as a real-time forum to see the pros exchanging their investment ideas.
Product Features:
- Jim Cramer + 20 Wall Street pros
- Intraday commentary & news
- Real-time trading forum
- Actionable trade ideas
Real Money Pro
TRY IT FREEAll of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
Product Features:
- Real Money + Doug Kass + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Options Profits
TRY IT FREEOur options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
Product Features:
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV
