New Jersey Resources Stock

New Jersey Resources Dividend 2024

New Jersey Resources Dividend

1.62 USD

New Jersey Resources Dividend yield

3.37 %

Ticker

NJR

ISIN

US6460251068

WKN

873388

How much dividend does New Jersey Resources 2024 pay?

According to the latest status from November 2024, New Jersey Resources paid a total of 1.62 USD per share in dividends within the last 12 months. With the current New Jersey Resources price of 48.01 USD, this corresponds to a dividend yield of 3.37 %. A dividend is paid 4 times per year.

3.37 % Dividend Yield=
1.62 USD Dividend
48.01 USD Stock Price

Historical New Jersey Resources Dividends

A dividend is paid 4 times per year. Last year, the payout months were January, April, July and October.

PaydateDividend
1/11/20250.45
10/23/20240.45
7/12/20240.42
4/12/20240.42
1/12/20240.42
10/19/20230.42
7/13/20230.39
4/14/20230.39
1/13/20230.39
10/23/20220.39
7/14/20220.36
4/15/20220.36
1/14/20220.36
10/17/20210.36
7/15/20210.33
4/16/20210.33
1/15/20210.33
10/21/20200.33
7/15/20200.31
4/16/20200.31
1
2
3
4
5
...
8

New Jersey Resources dividend history and estimates

In 2023, New Jersey Resources paid a dividend amounting to 1.62 USD. Dividend means that New Jersey Resources distributes a portion of its profits to its owners.
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Dividend
Dividend (Estimate)
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Dividend

Dividend Overview

The dividend per year chart for New Jersey Resources provides a comprehensive view of the annual dividends distributed to shareholders. Analyze the trend to understand the consistency and growth in dividend payouts over the years.

Interpretation and Use

A consistent or increasing trend in dividends can indicate the company's profitability and financial health. Investors can use this data to identify New Jersey Resources’s potential for long-term investment and income generation through dividends.

Investment Strategy

Incorporate the dividend data in evaluating New Jersey Resources's overall performance. A thorough analysis, considering other financial aspects, will help in making informed investment decisions for optimal capital growth and income generation.

New Jersey Resources Dividend History

DateNew Jersey Resources Dividend
2028e1.68 undefined
2027e1.67 undefined
2026e1.67 undefined
2025e1.69 undefined
2024e1.66 undefined
20231.62 undefined
20221.51 undefined
20211.39 undefined
20201.29 undefined
20191.21 undefined
20181.13 undefined
20171.06 undefined
20160.99 undefined
20150.93 undefined
20140.87 undefined
20131.22 undefined
20121.16 undefined
20110.73 undefined
20100.69 undefined
20090.64 undefined
20080.58 undefined
20070.51 undefined
20060.49 undefined
20050.46 undefined
20040.44 undefined

Is the New Jersey Resources Dividend Safe?

New Jersey Resources has been increasing the dividend for 36 years.

Over the past 10 years, New Jersey Resources has increased it by an annual 2.876 %.

Over a five-year period, the distribution increased by 7.47%.

Analysts expect a Dividend Increase of 1.316% for the current fiscal year.

New Jersey Resources dividend payout ratio

In 2023, New Jersey Resources had a payout ratio of 80.73%. The payout ratio indicates the percentage of the company's profits that New Jersey Resources distributes as dividends.
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Payout ratio
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Payout ratio

What is Yearly Payout Ratio?

The yearly payout ratio for New Jersey Resources represents the proportion of earnings paid out as dividends to shareholders. It is an indicator of the company's financial health and stability, illustrating how much profit is being returned to investors versus being reinvested back into the company.

How to Interpret the Data

A lower payout ratio for New Jersey Resources could mean that the company is reinvesting more into its growth, whereas a higher ratio indicates more earnings are being distributed as dividends. Investors seeking regular income might prefer companies with a higher payout ratio, while those looking for growth may opt for companies with a lower ratio.

Using the Data for Investments

Evaluate New Jersey Resources's payout ratio in conjunction with other financial metrics and performance indicators. A sustainable payout ratio, coupled with strong financial health, can indicate a reliable dividend payout. However, a very high ratio might suggest the company is not sufficiently reinvesting in its future growth.

New Jersey Resources Payout Ratio History

DateNew Jersey Resources Payout ratio
2028e76.02 %
2027e77.63 %
2026e78.41 %
2025e72.01 %
2024e82.49 %
202380.73 %
202252.81 %
2021113.93 %
202075.44 %
201987.68 %
201842.8 %
201769.41 %
201665.13 %
201544.29 %
201452.1 %
201389.05 %
2012103.57 %
201159.84 %
201048.94 %
2009198.44 %
200844.57 %
200768.44 %
200618.5 %
2005209.09 %
200451.57 %

Dividend Details

Understanding New Jersey Resources's Dividend Distributions

New Jersey Resources’s dividends are a portion of the company’s profits distributed to shareholders. It is a critical indicator of the company’s financial health and attractiveness to investors. Dividends provide investors with a steady income stream, in addition to any profits that may come from selling the stock at a higher price than the purchase price.

Year-to-Year Comparison

Examining New Jersey Resources's dividend distributions over the years can highlight the company’s profitability and stability. A consistent or increasing dividend payout can indicate a financially healthy company with predictable earnings, while fluctuations or reductions in dividends can suggest underlying financial or operational challenges.

Impact on Investments

New Jersey Resources's dividend payments are an essential factor for income-focused investors. A robust dividend payout can enhance the stock’s appeal, offering regular income in addition to potential capital gains. It also can indicate the company's confidence in its future earnings, making it a significant consideration in investment decisions.

Interpreting Dividend Fluctuations

Changes in New Jersey Resources’s dividends can result from shifts in the company’s earnings, financial policies, or reinvestment strategies. An increase in dividends often signals financial stability, while a decrease may indicate a need to conserve cash or reinvest profits to fuel growth, each scenario having different implications for investors.

New Jersey Resources Aktienanalyse

What does New Jersey Resources do?

New Jersey Resources Corp (NJRC) is an energy company based in Wall Township, New Jersey. NJRC was founded in 1922 as South Jersey Industries and initially operated as a gas supply company. The company later expanded its operations and focused on the development of natural gas and renewable energy resources in the USA. NJRC's business model is to provide its customers with a comprehensive range of energy resources and solutions. This includes supplying natural gas, generating renewable energy, implementing energy-saving measures, and developing infrastructure projects. NJRC works to integrate innovative technologies and forward-thinking methods to ensure that customers' energy needs are met in a sustainable and responsible manner. NJRC is divided into three business segments: New Jersey Natural Gas, NJR Clean Energy Ventures, and NJR Energy Services. New Jersey Natural Gas is the largest natural gas supply company in New Jersey and serves over half a million customers. NJR Clean Energy Ventures is responsible for the development and implementation of renewable energy sources such as solar energy, wind power, and biogas. This segment also evaluates energy-saving measures and invests in innovative technologies. NJR Energy Services offers a range of energy products and solutions to its customers, including gas and electricity supply, combined heat and power, building automation and optimization, and specialized energy services. NJRC offers different products to meet its customers' energy needs, including both traditional gas supply and renewable energy sources. NJR Clean Energy Ventures has focused on investing in solar energy in recent years and operates several photovoltaic facilities in New Jersey that produce enough electricity for approximately 40,000 households. In addition, NJRC has invested in multiple wind power projects and operates a waste-to-energy project for biogas production. NJRC is committed to enabling sustainable and environmentally-friendly energy supply. Therefore, the company works closely with the government and other stakeholders to promote responsible energy procurement and usage. NJRC has also developed initiatives to help its customers save energy and minimize environmental impact. Overall, NJRC is a forward-thinking energy company that focuses on the development of renewable energy sources and energy-saving measures. With its comprehensive range of products and solutions, as well as strong partnerships with the government and other stakeholders, the company is able to meet the evolving needs of the energy industry and prepare for a sustainable future. New Jersey Resources is one of the most popular companies on Eulerpool.com.
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Frequently Asked Questions about New Jersey Resources stock

How much dividend does New Jersey Resources pay?

Over the past 12 months, New Jersey Resources paid a dividend of 1.62 USD . This corresponds to a dividend yield of about 3.37 %. For the coming 12 months, New Jersey Resources is expected to pay a dividend of 1.69 USD.

What is the dividend yield of New Jersey Resources?

The current dividend yield of New Jersey Resources is 3.37 %.

When does New Jersey Resources pay dividends?

New Jersey Resources pays a quarterly dividend. This is distributed in the months of April, July, October, January.

How secure is the dividend of New Jersey Resources?

New Jersey Resources paid dividends every year for the past 36 years.

What is the dividend of New Jersey Resources?

For the upcoming 12 months, dividends amounting to 1.69 USD are expected. This corresponds to a dividend yield of 3.52 %.

In which sector is New Jersey Resources located?

New Jersey Resources is assigned to the 'Utilities' sector.

Wann musste ich die Aktien von New Jersey Resources kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of New Jersey Resources from 1/2/2025 amounting to 0.45 USD, you needed to have the stock in your portfolio before the ex-date on 12/11/2024.

When did New Jersey Resources pay the last dividend?

The last dividend was paid out on 1/2/2025.

What was the dividend of New Jersey Resources in the year 2023?

In the year 2023, New Jersey Resources distributed 1.505 USD as dividends.

In which currency does New Jersey Resources pay out the dividend?

The dividends of New Jersey Resources are distributed in USD.

Andere Kennzahlen von New Jersey Resources

Our stock analysis for New Jersey Resources Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of New Jersey Resources Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.