Wall-based New Jersey Resources announced Wednesday that its board of directors has declared a quarterly dividend on its common stock.
The dividend of $0.42 per share will be payable on Oct. 1 to shareholders of record as of Sept. 15.
“The action taken by our board of directors reaffirms our commitment to providing our shareowners with a competitive return on their investment,” Laurence M. Downes, chairman and CEO of New Jersey Resources, said in a statement. “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.”
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