{"id":885204,"date":"2025-09-10T11:48:08","date_gmt":"2025-09-10T15:48:08","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/new-jersey-resources-raises-dividend-for-the-30th-consecutive-year\/"},"modified":"2025-09-10T11:48:08","modified_gmt":"2025-09-10T15:48:08","slug":"new-jersey-resources-raises-dividend-for-the-30th-consecutive-year","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/new-jersey-resources-raises-dividend-for-the-30th-consecutive-year\/","title":{"rendered":"New Jersey Resources Raises Dividend for the 30th Consecutive Year"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }\n.bwlistdisc { list-style-type: disc }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>New Jersey Resources Raises Dividend for the 30<sup>th<\/sup> Consecutive Year<\/b><\/p>\n<p class=\"bwalignc\"><b>Increases Quarterly Dividend to $0.475 Per Share<\/b><\/p>\n<p>WALL, N.J.&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nThe board of directors (the \u201cBoard\u201d) of New Jersey Resources Corporation (NYSE: NJR) unanimously approved an increase in the quarterly dividend rate to $0.475 per share from $0.45 per share. The new quarterly rate will be effective with the dividend payable October 1, 2025 to shareowners of record on September 22, 2025.<\/p>\n<p>\nThe new annual dividend rate will be $1.90 per share. NJR has paid quarterly dividends continuously since its inception in 1952, and has raised the dividend every year for the last 30 years.<\/p>\n<p>\nSteve Westhoven, President and CEO of NJR, stated, \u201cThis dividend increase reflects our continued commitment to delivering long-term value for shareholders. It highlights the Board\u2019s confidence in our financial strength and strategic direction as we advance initiatives that support sustainable growth and stakeholder success.\u201d<\/p>\n<p><b>About New Jersey Resources<\/b><\/p>\n<p><b>New Jersey Resources<\/b> (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:<\/p>\n<ul class=\"bwlistdisc\">\n<li><b>New Jersey Natural Gas, <\/b>NJR\u2019s principal subsidiary,<b \/>operates and maintains natural gas transportation and distribution infrastructure to serve customers in New Jersey\u2019s Monmouth, Ocean, Morris, Middlesex, Sussex and Burlington counties.\n<\/li>\n<\/ul>\n<ul class=\"bwlistdisc\">\n<li><b>Clean Energy Ventures<\/b> invests in, owns and operates solar projects, providing customers with low-carbon solutions.\n<\/li>\n<\/ul>\n<ul class=\"bwlistdisc\">\n<li><b>Energy Services<\/b> 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.\n<\/li>\n<\/ul>\n<ul class=\"bwlistdisc\">\n<li><b>Storage and Transportation<\/b> 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.\n<\/li>\n<\/ul>\n<ul class=\"bwlistdisc\">\n<li><b>Home Services<\/b> 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.\n<\/li>\n<\/ul>\n<p>\nNJR 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\u00ae and initiatives such as SAVEGREEN\u00ae.<\/p>\n<p>\nFor more information about NJR:<br \/>\n<br \/><a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.njresources.com&amp;esheet=54321646&amp;newsitemid=20250909759306&amp;lan=en-US&amp;anchor=www.njresources.com&amp;index=1&amp;md5=ab7b110ea448d8d53d3154e84a7720be\">www.njresources.com<\/a>.<\/p>\n<p>\nFollow us on X.com (Twitter) <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fx.com%2FNJNaturalGas&amp;esheet=54321646&amp;newsitemid=20250909759306&amp;lan=en-US&amp;anchor=%40NJNaturalGas&amp;index=2&amp;md5=b32cba23d2435e000ff6c49b3930dbf3\">@NJNaturalGas<\/a>.<br \/>\n<br \/>\u201cLike\u201d us on <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.facebook.com%2FNewJerseyNaturalGas&amp;esheet=54321646&amp;newsitemid=20250909759306&amp;lan=en-US&amp;anchor=facebook.com%2FNewJerseyNaturalGas&amp;index=3&amp;md5=6bfad6db417dacb97194653d0f75280d\">facebook.com\/NewJerseyNaturalGas<\/a>.<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20250909759306r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20250909759306\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20250909759306\/en\/<\/a><\/span><\/p>\n<p><b>Media Contact:<br \/>\n<br \/><\/b>Mike Kinney<br \/>\n<br \/>732-938-1031<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:mkinney@njresources.com\">mkinney@njresources.com<\/a><\/p>\n<p><b>Investor Contact:<br \/>\n<\/b><br \/>Adam Prior<br \/>\n<br \/>732-938-1145<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:aprior@njresources.com\">aprior@njresources.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> New Jersey United States North America<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Oil\/Gas Alternative Energy Energy Other Energy Utilities<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\" \/>\n","protected":false},"excerpt":{"rendered":"<p>New Jersey Resources Raises Dividend for the 30th Consecutive Year Increases Quarterly Dividend to $0.475 Per Share WALL, N.J.&#8211;(BUSINESS WIRE)&#8211; The board of directors (the \u201cBoard\u201d) of New Jersey Resources Corporation (NYSE: NJR) unanimously approved an increase in the quarterly dividend rate to $0.475 per share from $0.45 per share. The new quarterly rate will be effective with the dividend payable October 1, 2025 to shareowners of record on September 22, 2025. The new annual dividend rate will be $1.90 per share. NJR has paid quarterly dividends continuously since its inception in 1952, and has raised the dividend every year for the last 30 years. Steve Westhoven, President and CEO of NJR, stated, \u201cThis dividend increase reflects our continued commitment &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/new-jersey-resources-raises-dividend-for-the-30th-consecutive-year\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;New Jersey Resources Raises Dividend for the 30th Consecutive Year&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-885204","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>New Jersey Resources Raises Dividend for the 30th Consecutive Year - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/new-jersey-resources-raises-dividend-for-the-30th-consecutive-year\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"New Jersey Resources Raises Dividend for the 30th Consecutive Year - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"New Jersey Resources Raises Dividend for the 30th Consecutive Year Increases Quarterly Dividend to $0.475 Per Share WALL, N.J.&#8211;(BUSINESS WIRE)&#8211; The board of directors (the \u201cBoard\u201d) of New Jersey Resources Corporation (NYSE: NJR) unanimously approved an increase in the quarterly dividend rate to $0.475 per share from $0.45 per share. The new quarterly rate will be effective with the dividend payable October 1, 2025 to shareowners of record on September 22, 2025. The new annual dividend rate will be $1.90 per share. NJR has paid quarterly dividends continuously since its inception in 1952, and has raised the dividend every year for the last 30 years. 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