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NJR New Jersey Resources dividend history, payout ratio & dates

New Jersey Resources's last quarterly dividend of $0.39 per share was on Sep 23, 2022 (ex-date). The annualized dividend payment of $1.48 per share represents a current dividend yield of 3.65%. The latest NJR payout of $0.39 marks a dividend growth of 7%.

Key dates

  • NJR last dividend date: Sep 23, 2022
  • NJR next dividend date: Not announced
NJR dividend stats
DPS
$1.48
Dividend yield
3.65%
Payout ratio
64.6%
vs. Utilities sector
Dividend yield
3.24%
Payout ratio
63.5%

Dividend yield

What is New Jersey Resources current dividend yield

NJR has a dividend yield of 3.65% which is above the Utilities sector, the industry and its peers average. Compared to its Utilities sector average of 3.24%, New Jersey Resources's dividend yield is 13% higher. Historically NJR's dividend yield has averaged at 3.2% in the last 5 years, which is below the current yield.

Dividend history

What is NJR dividend payout history and dates

New Jersey Resources has a history of paying dividends since 1995. Our records of NJR show that the company has distributed four quarterly dividends in the past year. The annualized dividend per share has increased by 9% for the last twelve months. But with the stock price up by 11% from a year ago, the dividend yield has decreased by 1.9%.

Recent dividends

Ex-date Payment date Declared on Amount Type
Sep 23, 2022 Oct 3, 2022 Jul 14, 2022 $0.39 normal
Jun 14, 2022 Jul 1, 2022 Apr 20, 2022 $0.363 normal
Mar 15, 2022 Apr 1, 2022 Jan 25, 2022 $0.363 normal
Dec 14, 2021 Jan 3, 2022 Nov 10, 2021 $0.363 normal
Sep 17, 2021 Oct 1, 2021 $0.363 normal
Jun 15, 2021 Jul 1, 2021 Apr 20, 2021 $0.333 normal
Mar 16, 2021 Apr 1, 2021 Jan 19, 2021 $0.333 normal
Dec 15, 2020 Jan 4, 2021 Nov 11, 2020 $0.333 normal
Sep 21, 2020 Oct 1, 2020 Jul 14, 2020 $0.333 normal
Jun 15, 2020 Jul 1, 2020 May 5, 2020 $0.313 normal
Mar 16, 2020 Apr 1, 2020 Jan 21, 2020 $0.313 normal
Dec 18, 2019 Jan 2, 2020 Nov 12, 2019 $0.313 normal
Sep 19, 2019 Oct 1, 2019 Jul 9, 2019 $0.313 normal
Jun 14, 2019 Jul 1, 2019 May 7, 2019 $0.293 normal
Mar 14, 2019 Apr 1, 2019 Jan 22, 2019 $0.293 normal
Dec 13, 2018 Jan 2, 2019 Nov 13, 2018 $0.293 normal
Sep 20, 2018 Oct 1, 2018 Jul 10, 2018 $0.293 normal
Jun 14, 2018 Jul 2, 2018 May 8, 2018 $0.273 normal
Mar 14, 2018 Apr 2, 2018 Jan 23, 2018 $0.273 normal
Dec 14, 2017 Jan 2, 2018 Nov 14, 2017 $0.273 normal
Sep 21, 2017 Oct 2, 2017 Jul 11, 2017 $0.273 normal
Jun 13, 2017 Jul 3, 2017 May 9, 2017 $0.255 normal
Mar 13, 2017 Apr 3, 2017 Jan 24, 2017 $0.255 normal
Dec 13, 2016 Jan 3, 2017 Nov 16, 2016 $0.255 normal
Sep 21, 2016 Oct 3, 2016 Jul 13, 2016 $0.255 normal
Jun 13, 2016 Jul 1, 2016 $0.24 normal
Mar 11, 2016 Apr 1, 2016 Jan 19, 2016 $0.24 normal

New Jersey Resources dividend payout ratio

What is New Jersey Resources dividend payout ratio compared to the sector

Payout ratio

NJR has a payout ratio of 64.6% which is higher than the Utilities sector, the industry and its peers average. But in comparison with the Utilities sector average of 63.5%, New Jersey Resources's payout ratio is only 1.7% higher.

Total amount of dividends paid per financial year (from cash flow)

NJR dividend vs peer dividends

How does NJR dividend compare to its peers' dividends
Name Dividend yield DPS Payout ratio
OKE Oneok Inc 6.62% $3.74 105.9%
SJI South Jersey Industries Inc 3.75% $1.24 84.4%
NJR New Jersey Resources Corp 3.65% $1.48 64.6%
NI Nisource Inc 3.54% $0.93 55.4%
NFG National Fuel Gas Co 2.85% $1.86 34.4%
CNP Centerpoint Energy Inc 2.4% $0.69 27.8%
CPK Chesapeake Utilities Corp 1.74% $2.03 40.2%

Frequently asked questions

Does New Jersey Resources pay a dividend?

Yes, New Jersey Resources has been paying dividends for the last 27 years.

When is New Jersey Resources's next dividend?

NJR hasn't announced its next dividend date yet, but if we take into consideration its recent dividend frequency, it is likely that its next dividend will be in December 2022.

When was NJR's last dividend?

New Jersey Resources's last regular dividend was on Sep 23, 2022 (ex-date) with the amount of $0.39 per share.

How much dividend does New Jersey Resources pay (per share)?

NJR's annualized dividend per share is $1.48.

What is New Jersey Resources's dividend yield?

Currently New Jersey Resources's dividend yield is 3.65%.

How often does New Jersey Resources pay dividends?

New Jersey Resources pays dividends quarterly.

What is New Jersey Resources's dividend payout ratio?

The dividend payout ratio of New Jersey Resources is 64.6%.

Does New Jersey Resources pay a good dividend?

New Jersey Resources's dividend yield is above the Utilities sector average.