Press Release: New Jersey Resources Board of Directors Declares Quarterly Dividend

Dow Jones11-08

New Jersey Resources Board of Directors Declares Quarterly Dividend

WALL, N.J.--(BUSINESS WIRE)--November 07, 2024--

The board of directors (the "Board") of New Jersey Resources Corporation $(NJR)$ unanimously declared a quarterly dividend on its common stock of $0.45 per share. The dividend will be payable on January 2, 2025, to shareowners of record as of December 11, 2024.

NJR has paid quarterly dividends continuously since its inception in 1952, and has raised the dividend every year for the last 29 years.

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:

   -- New Jersey Natural Gas, NJR's principal subsidiary, operates and 
      maintains natural gas transportation and distribution infrastructure to 
      serve approximately 582,000 customers in New Jersey's Monmouth, Ocean, 
      Morris, Middlesex, Sussex and Burlington counties. 
 
   -- Clean Energy Ventures invests in, owns and operates solar projects with a 
      total capacity of approximately 477 megawatts, providing residential and 
      commercial customers with low-carbon solutions. 
 
   -- 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 
      America. 
 
   -- Storage and Transportation serves customers from local distributors and 
      producers to electric generators and wholesale marketers through its 
      ownership of Leaf River and the Adelphia Gateway Pipeline, as well as our 
      50% equity ownership in the Steckman Ridge natural gas storage facility. 
 
   -- Home Services provides service contracts as well as heating, central air 
      conditioning, water heaters, standby generators, solar and other indoor 
      and outdoor comfort products to residential homes throughout New Jersey.

NJR and its over 1,300 employees are committed to helping customers save energy and money by promoting conservation and encouraging efficiency through Conserve to Preserve$(R)$ and initiatives such as The SAVEGREEN Project(R) and The Sunlight Advantage(R).

For more information about NJR:

www.njresources.com.

"Like" us on facebook.com/NewJerseyNaturalGas.

View source version on businesswire.com: https://www.businesswire.com/news/home/20241106269036/en/

 
    CONTACT:    Media:

Mike Kinney

732-938-1031

mkinney@njresources.com

Investors:

Adam Prior

732-938-1145

aprior@njresources.com

(END) Dow Jones Newswires

November 07, 2024 11:30 ET (16:30 GMT)

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Press Release: New Jersey Resources Board of Directors Declares Quarterly Dividend

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