NewJersey Resources Corporation Stock Dividends
NJR pays dividends quarterly. Last paid amount was $0.420 at Apr 01, 2024. As of today, dividend yield (TTM) is 3.73%.
Dividend Yield Range
AI Analysis of NJR
| Dividend Analysis | Generate |
Key Stats
| Dividend Yield (TTM) | 3.73% |
|---|---|
| Frequency | Quarterly |
| 1Y Growth | 7.69% |
| Payout Ratio | 0 |
| Amount Per Share | $0.420 |
| Next Ex-Dividend Date | Jun 12, 2024 |
| Next Payment Date | Jul 01, 2024 |
Upcoming Dividend Payment
To receive the upcoming dividend from NJR the purchase should be done within the next 44 days.
Here's a simple guide on how to buy NJR stock.
NJR Dividend Payout History
To ensure a understanding of NJR's dividend performance, consider examining the historical payout ratios and how they align with the company's earnings. Fluctuations in payout amounts may reflect changes in the company's dividend policy or earnings stability.
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Jun 12, 2024 | Jun 12, 2024 | Jul 01, 2024 | $0.420 | 0.97% |
| 2 | Jan 24, 2024 | Mar 12, 2024 | Apr 01, 2024 | $0.420 | 0.98% |
| 3 | Nov 16, 2023 | Dec 12, 2023 | Jan 02, 2024 | $0.420 | 0.93% |
| 4 | Jul 12, 2023 | Sep 19, 2023 | Oct 02, 2023 | $0.390 | 0.99% |
| 5 | Apr 05, 2023 | Jun 13, 2023 | Jul 03, 2023 | $0.390 | 0.82% |
| 6 | Jan 25, 2023 | Mar 14, 2023 | Apr 03, 2023 | $0.390 | 0.741% |
| 7 | Nov 10, 2022 | Dec 13, 2022 | Jan 03, 2023 | $0.390 | 0.793% |
| 8 | Jul 14, 2022 | Sep 23, 2022 | Oct 03, 2022 | $0.390 | 0.98% |
| 9 | Apr 20, 2022 | Jun 14, 2022 | Jul 01, 2022 | $0.363 | 0.798% |
| 10 | Jan 25, 2022 | Mar 15, 2022 | Apr 01, 2022 | $0.363 | 0.770% |
Dividend Sustainability
With a moderate Dividend Sustainability Score (DSS), the company may sustain its dividends, but continuous monitoring is advised for any financial shifts. However, its Dividend Growth Potential Score (DGPS) is only moderate, indicating limited growth potential. On the whole, the dividend outlook remains neutral, meriting close observation of both the company's financial health and growth prospects.
Sustainability score
Growth potential
NJR Dividend Calculator
Dividend Calculator is designed to forecast the potential returns from NJR dividends based on your individual investment size or the number of shares you own. Simply enter your total investment amount to see the cumulative dividend payment you could receive over a specified period.
Read how to invest in NJR stock here.
Comparing NJR to Sector and Country
NJR pays a solid dividend yield of 3.73%, which is higher than the average of the bottom 25% of dividend payers in the US market (1.74%). NJR’s dividend yield is lower than the average of the top 25% of dividend payers in the Utilities sector in the US market (8.46%), which means that there are more attractive dividend stocks to consider.
NJR Stock Competitors
| Symbol | Amount Per Share | Dividend Yield (TTM) | Payout Ratio (TTM) | ||
|---|---|---|---|---|---|
| Southwest Gas Corporation | 5.441B | $0.620 | 3.91% | 115.70% | |
| NewJersey Resources Corporation | 4.257B | $0.420 | 3.73% | 66.09% |
