New Jersey Resources Board of Directors Declares Quarterly Dividend

The board of directors of New Jersey Resources (NYSE:NJR) unanimously
declared a quarterly dividend on its common stock of $.2725 per share.
The dividend will be payable on October 1, 2018 to shareowners of record
as of September 21, 2018.

NJR has paid quarterly dividends continuously since its inception in
1952. The company is committed to providing customers and shareowners
with exceptional value and reinvesting earnings to ensure long-term
growth.

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:

NJR and its more than 1,000 employees are committed to helping customers
save energy and money by promoting conservation and encouraging
efficiency through Conserve to Preserve® and initiatives such
as The SAVEGREEN Project® and The Sunlight Advantage®.

For more information about NJR:

Visit www.njresources.com.Follow
us on Twitter @NJNaturalGas.“Like” us on
facebook.com/NewJerseyNaturalGas.Download our free NJR investor
relations app for iPad, iPhone and Android.

NJR-D

View source version on businesswire.com: https://www.businesswire.com/news/home/20180710006075/en/

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