New Jersey Resources Corporation
S&P 500NJR/Utilities · Utilities - Regulated Gas/NYSE
Dividend Yield
3.47%
$1.90 · Annual Dividend
Dividend Safety Rating
NJR's dividend appears safe and well-supported. Strengths include a 55.6% earnings payout ratio & 34.6% cfo payout ratio. Areas of concern: 121.0% fcf payout ratio & 0.9x current ratio. The dividend has been growing at a 7.48% 5-year CAGR. As a utility, higher payout ratios and leverage are typical for this regulated sector.
Based on 15 of 15 metrics
Strengths
- Earnings Payout Ratio: 55.6%Low earnings payout ratio leaves room to grow the dividend.
- Operating Margin: 32.0%Healthy operating margin provides a wide buffer.
- Dividend Streak: 11+ yrsLong, uninterrupted dividend track record.
Risks
- FCF Payout Ratio: 121.0%Free cash flow is tight relative to the dividend.
- Current Ratio: 0.9xLimited short-term liquidity to meet obligations.
- Profit Margin Stability: VolatileProfit margins have been volatile.
Payout & Coverage
CautionBalance Sheet
CautionProfitability
SafeDividend Track Record
Very SafeAbout New Jersey Resources Corporation
New Jersey Resources Corporation is an energy services holding company that plays a critical role in the natural gas and clean energy sectors. The company's primary function is to provide regulated natural gas distribution to residential, commercial, and industrial customers across its service region, primarily focusing on New Jersey. Notably, New Jersey Resources Corporation is involved in various sectors, including natural gas transportation and storage, energy retail, and solar energy initiatives, highlighting its commitment to sustainable energy solutions. The company's infrastructure not only ensures reliable energy supply but also contributes to regional economic growth by supporting local energy needs. By participating in both traditional energy markets and the growing clean energy sector, New Jersey Resources Corporation is strategically positioned to support the transition towards cleaner energy solutions, reflecting its market significance in terms of energy sustainability and efficiency.
Dividend Overview
Dividend Yield
3.47%
Annual Dividend
$1.90
Frequency
Quarterly
Payout Ratio
55.64%
FCF Payout Ratio
121.04%
52-Week Range
$43.46 - $58.57
Dividend History (2016–2025)
NJR annual dividend per share and yield history
Earnings & Profitability
NJR earnings per share and net profit margin
Key Dates
Last Ex-Dividend Date
June 10, 2026
Next Payment Date
July 1, 2026
Dividend Growth
3-Year Dividend CAGR
7.78%
5-Year Dividend CAGR
7.48%
10-Year Dividend CAGR
7.12%
3-Year Total Growth
25.21%
5-Year Total Growth
43.41%
10-Year Total Growth
98.92%
Income Calculator
Frequently Asked Questions
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This page is not investment advice. The content is for informational purposes only and should not be construed as a recommendation to buy, sell, or hold any security. Always do your own research and consult a qualified financial advisor before making investment decisions.
Financial data, including dividend history, earnings, balance sheet metrics, and the Dividend Safety Rating, is provided for informational purposes only. Data may be delayed or differ from official filings. Past performance does not guarantee future results. Always verify with official sources before making investment decisions.
Market data provided by Twelve Data.