New Jersey Resources Board of Directors Declares Quarterly Dividend
WALL, N.J. -- July 16, 2014
On July 15, 2014, the board of directors of New Jersey Resources (NJR)
unanimously declared a quarterly dividend on its common stock of $.42 per
share. The dividend will be payable on October 1, 2014 to shareowners of
record on September 15, 2014.
“The action taken by our board of directors reaffirms our commitment to
providing our shareowners with a competitive return on their investment,” said
Laurence M. Downes, chairman and CEO of New Jersey Resources. “It is also an
acknowledgement of our team’s dedication 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 (NYSE:NJR) is a Fortune 1000 company that provides safe
and reliable natural gas and clean energy services, including transportation,
distribution and asset management. With annual revenues in excess of $3
billion, NJR is comprised of five key businesses:
*New Jersey Natural Gas is NJR’s principal subsidiary that operates and
maintains 7,000 miles of natural gas transportation and distribution
infrastructure to serve half a million customers in New Jersey’s Monmouth,
Ocean and parts of Morris and Middlesex counties.
*NJR Clean Energy Ventures invests in, owns and operates solar and onshore
wind projects with a total capacity in excess of 75 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
*NJR Midstream serves customers from local distributors and producers to
electric generators and wholesale marketers through its equity ownership
in a natural gas storage facility and a transportation pipeline, both of
which are Federal Energy Regulatory Commission, or FERC-regulated
*NJR Home Services provides heating, central air conditioning, standby
generators, solar and other indoor and outdoor comfort products to
residential homes and businesses throughout New Jersey and serves
approximately 120,000 service contract customers.
NJR and its more than 900 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
For more information about NJR:
Follow us on Twitter @NJNaturalGas.
“Like” us on facebook.com/NewJerseyNaturalGas.
Download our free NJR investor relations app for iPad and iPhone.
New Jersey Resources
Michael Kinney, 732-938-1031
Joanne Fairechio, 732-378-4967
Dennis Puma, 732-938-1229
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