New Jersey Resources (NJR) Declares $0.24 Quarterly Dividend; 2.5% Yield

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New Jersey Resources Board of Directors Declares Quarterly Dividend

July 13, 2016 10:20 AM EDT

WALL, N.J.--(BUSINESS WIRE)-- Today, the board of directors of New Jersey Resources (NJR) unanimously declared a quarterly dividend on its common stock of $.24 per share. The dividend will be payable on October 3, 2016 to shareowners of record as of September 23, 2016.

Once again, we have the opportunity to reward our shareowners with a quarterly dividend as we have done continuously since 1952, said Laurence M. Downes, chairman and CEO of New Jersey Resources. The boards action today is an acknowledgement of our teams consistent performance and strong financial profile and reaffirms our continued commitment to our shareowners.

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