New Jersey Resources (NJR) Declares $0.45 Quarterly Dividend; 2.7% Yield

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New Jersey Resources (NJR) Board Approves Two-for-One Split

January 21, 2015 7:35 AM EST

The board of directors of New Jersey Resources (NYSE: NJR) unanimously approved a 2-for-1 stock split of its outstanding common stock, and a corresponding increase in authorized shares of common stock to 150 million. An announcement will be made during the companys Annual Shareowners Meeting held at Eagle Oaks Golf and Country Club in Farmingdale, New Jersey.

Fiscal 2014 was a record year for NJR, said Laurence M. Downes,... More