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New Jersey Resources (NJR) Dividend Yield, Date & History

New Jersey Resources logo
$47.34 -0.07 (-0.14%)
As of 01/17/2025 03:59 PM Eastern
This is a fair market value price provided by Polygon.io. Learn more.

New Jersey Resources Dividend Summary

Dividend Yield
3.80%
Annual Dividend
$1.80
Recent
Dividend Payment
Jan. 2
Dividend Increase
Track Record
29 Years
Annualized 3-Year
Dividend Growth
7.77%
Dividend Payout Ratio
61.64%

New Jersey Resources (NJR) pays an annual dividend of $1.80 per share, with a dividend yield of 3.80%. The next quarterly payment of $0.45 per share was paid on Thursday, January 2, to investors who owned the stock before the ex-dividend date of Wednesday, December 11. NJR has grown its dividend for 29 consecutive years, with an average annual increase of 2.53%. The company currently pays out 61.64% of its earnings and 37.30% of its cash flow as dividends.

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NJR Dividend Payments by Quarter

The chart below displays up to four years of New Jersey Resources' dividend payment history by quarter. The blue bars represent historical dividend payments, while the gray bars indicate future payments.

NJR Dividend Yield Over Time

The chart below tracks New Jersey Resources' dividend yield over the past four years. The line represents changes in yield by quarter, providing a clear view of trends over time.

New Jersey Resources vs. The Competition

Compare New Jersey Resources' annual dividend, yield, and 3-year growth rate with averages for Utilities and NYSE companies to evaluate its performance against the market.

TypeNew Jersey ResourcesUtilities CompaniesNYSE Companies
Annual Dividend$1.80$0.04$1.50
Dividend Yield3.80%4.12%3.71%
Annualized 3-Year Dividend Growth7.77%3.24%12.26%
Track Record29 years27 years25 years

New Jersey Resources Dividend Payout Ratio

Dividend payout ratios express the dividend as a percentage of another metric, such as earnings or cash flow, and can be used to assess dividend sustainability.

TypePayout Ratio
Based on Trailing 12 Months of Earnings61.64%
Based on This Year's Estimate58.06%
Based on Next Year's Estimate57.69%
Based on Cashflow37.30%

New Jersey Resources Dividend History by Quarter

AnnouncedPeriodPaymentPayment ChangeYieldEx-Dividend DateRecord DatePayable Date
11/7/2024quarterly$0.45 - 3.85%12/11/202412/11/20241/2/2025
9/11/2024quarterly$0.45+$0.03
7.14%
3.89%9/23/20249/23/202410/1/2024
4/18/2024Quarterly$0.42 - 3.87%6/12/20246/12/20247/1/2024
4/18/2024Quarterly$0.42 - 3.87%6/12/20246/12/20247/1/2024
1/24/2024quarterly$0.42 - 4%3/12/20243/13/20244/1/2024
11/16/2023Quarterly$0.42+$0.03
7.69%
3.91%12/12/202312/13/20231/2/2024
7/12/2023quarterly$0.39 - 3.3%9/19/20239/20/202310/2/2023
4/5/2023quarterly$0.39 - 2.8%6/13/20236/14/20237/3/2023
1/25/2023Quarterly$0.39 - 3.15%3/14/20233/15/20234/3/2023

This table shows New Jersey Resources' quarterlydividend history, including payout amounts, yield, dividend changes, and key dates. Use the date filter to explore data as far back as 2013 to analyze trends over time.

New Jersey Resources Dividend - Frequently Asked Questions

The current dividend yield for New Jersey Resources is 3.80%. Learn more on NJR's dividend yield history.

The annual dividend for NJR shares is $1.80. Learn more on NJR's annual dividend history.

New Jersey Resources pays quarterly dividends to shareholders.

New Jersey Resources's most recent quarterly dividend payment of $0.45 per share was made to shareholders on Thursday, January 2, 2025.

New Jersey Resources's most recent ex-dividend date was Wednesday, December 11, 2024.

Over the past three years, the company's dividend has grown by an average of 7.77% per year.

New Jersey Resources has increased its dividend for the past 29 consecutive years.

The most recent change in the company's dividend was an increase of $0.03 on Wednesday, September 11, 2024.

The dividend payout ratio for NJR is:
  • 61.64% based on the trailing year of earnings
  • 58.06% based on this year's estimates
  • 57.69% based on next year's estimates
  • 37.30% based on cash flow

New Jersey Resources' dividend yield of 3.98% is lower than the average Utilities company that issues a dividend. The company's 29 consecutive years of dividend growth indicate that the company has a strong committment to maintain and grow its dividend. New Jersey Resources' dividend payout ratio of 61.64% is at a healthy, sustainable level, below 75% of its earnings.

Looking at the stock as a whole, market analysts rate New Jersey Resources stock as a Moderate Buy, forecasting growth opportunities and potential value appreciation.


This page (NYSE:NJR) was last updated on 1/20/2025 by MarketBeat.com Staff
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