Velocity and momentum decay characteristics of a submerged viscoplastic non-Newtonian jet are studied within the steady laminar flow regime. The governing mass and momentum conservation equations along with the Bingham rheological model are solved numerically using a finite-difference scheme. A parametric study is performed to reveal the influence of the initial velocity profile, flow inertia, and yield stress presence on the flow field characteristics. Two initial velocity profiles are considered, a top-hat and fully developed pipe jets. The centerline velocity decay is found to be more rapid for the pipe jet than the top-hat one when the fluid is Newtonian while the opposite trend is observed for yield stress Bingham fluids. The decay in the momentum flux of the pipe jet is always less than that of the top-hat jet. Momentum and velocity based jet depths of penetration are introduced and used to analyze the obtained flow field information for a wide range of Reynolds and yield numbers. Depths of penetration are found to linearly increase with the Reynolds number and substantially decrease with the yield number. The presence of yield stress significantly reduces the momentum and velocity penetration depths of submerged top-hat and pipe jets. Penetration depths of yield stress fluids are shown to be more than an order of magnitude smaller than the ones corresponding to Newtonian fluids.