Key Takeaways New Jersey Resources approved a 5.6% dividend hike, lifting the annual dividend rate to $1.90 per share.The company has raised dividends annually for the past 30 years.NJR intends to invest in the range of $650-$770 million in fiscal 2025 to strengthen infrastructureNew Jersey Resources Corporation (NJR) recently announced that its board of directors has approved a 5.6% increase in its quarterly dividend rate. Following the board's approval, the company’s share price rose 0.6% to reach $47.17 ...

Company Leadership Transition - New Energy Equity announced the promotion of Josh Kunkel to Chief Executive Officer effective June 1, 2025, as part of a planned transition [1] - Matt Hankey, the co-founder and current CEO, will take on a new role as Emerging Technologies Officer at ALLETE while remaining on the New Energy Equity Board of Directors [1][2] Company Growth and Achievements - Under Matt Hankey's leadership, New Energy Equity has grown to over 125 employees and has implemented over 270 solar projects across the United States, totaling 600MW and more than $1.5 billion in project investment [2] - The company focuses on developing, financing, operating, and managing solar power generation assets, providing clean electricity to various customers under long-term contracts [4] Future Outlook - Josh Kunkel expressed confidence in leading the company into its next phase of growth, emphasizing the strong foundation built by Hankey and the team [2][3] - ALLETE CEO Bethany Owen highlighted Kunkel's results-driven leadership and commitment to the company's culture and mission, indicating a positive outlook for New Energy Equity's future in the renewable energy industry [3]