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 $.3125 per share. The dividend will be payable on July 1, 2020 to shareowners of record as of June 16, 2020.
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.
“The stability of our dividend is especially important in these trying times,” said Steve Westhoven, President and CEO of New Jersey Resources. “Our dividend record underscores our Company’s commitment to deliver consistent financial performance and share our success with shareowners.”
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:
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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Media: Michael Kinney 732-938-1031 mkinney@njresources.com Investors: Dennis Puma 732-938-1229 dpuma@njresources.com
Source: New Jersey Resources