New Jersey Resources Corporation

New Jersey Resources Corporation

NJRยทNYSE

$54.61

+1.4%
UtilitiesRegulated Gas

New Jersey Resources Corporation, an energy services holding company, provides regulated gas distribution, and retail and wholesale energy services. The company operates through four segments: Natural Gas Distribution, Clean Energy Ventures, Energy Services, and Storage and Transportation. The Natural Gas Distribution segment offers regulated natural gas utility services to approximately 564,000 residential and commercial customers throughout Burlington, Middlesex, Monmouth, Morris, Ocean, and Sussex counties in New Jersey; provides capacity and storage management services; and participates in the off-system sales and capacity release markets. The Clean Energy Ventures segment invests in, owns, and operates commercial and residential solar projects situated in New Jersey, Connecticut, Rhode Island, and New York. The Energy Services segment offers unregulated wholesale energy management services to other energy companies and natural gas producers, as well as maintains and transacts a portfolio of physical assets consisting of natural gas storage and transportation contracts in the United States and Canada. The Storage and Transportation segment invests in natural gas transportation and storage facilities. It provides heating, ventilation, and cooling services; holds commercial real estate properties; and offers solar equipment installation, and plumbing repair and installation services, as well as engages in the water appliance sale, installation, and servicing activities. The company was incorporated in 1981 and is headquartered in Wall, New Jersey.

At a Glance

Live Snapshot
Market Cap$5.51B
EPS3.3500
P/E Ratio16.30
Earnings Date08/03/2026
0.86%
Dividend Yield
-16%
3Y+9.0%
5Y+14.0%
10Y+39.0%
21.86%
Dividend Payout Ratio
-44%
3Y-41.0%
5Y+13.0%
10Y-118.0%
3Y+18.0%
5Y+65.0%
10Y+132.0%
New Jersey Resources Corporation

New Jersey Resources Corporation Dividend History

NJR ยท NYSE
10Y CAGR +0%
Latest $0
Annual $0
Stable dividend payments
Last Period: +0%

NJR Dividend Payment History

NJR ยท NYSE

Total Payments

50

Latest Dividend

$0.4750

Annual Amount

$2.3500

Frequency

Quarterly

DeclarationEx-DatePayment DateDividendAdjustedFrequencyGrowth
Apr 15, 2026
Jun 10, 2026Jul 1, 2026
$0.4750
$0.4750
Quarterly0.00%
Jan 21, 2026
Mar 11, 2026Apr 1, 2026
$0.4750
$0.4750
Quarterly0.00%
Nov 5, 2025
Dec 12, 2025Jan 2, 2026
$0.4750
$0.4750
Quarterly0.00%
Sep 10, 2025
Sep 22, 2025Oct 1, 2025
$0.4750
$0.4750
Quarterly+5.56%
Apr 16, 2025
Jun 10, 2025Jul 1, 2025
$0.4500
$0.4500
Quarterly0.00%
Jan 22, 2025
Mar 11, 2025Apr 1, 2025
$0.4500
$0.4500
Quarterly0.00%
Nov 7, 2024
Dec 11, 2024Jan 2, 2025
$0.4500
$0.4500
Quarterly0.00%
Sep 11, 2024
Sep 23, 2024Oct 1, 2024
$0.4500
$0.4500
Quarterly+7.14%
Apr 18, 2024
Jun 12, 2024Jul 1, 2024
$0.4200
$0.4200
Quarterly0.00%
Jan 24, 2024
Mar 13, 2024Apr 1, 2024
$0.4200
$0.4200
Quarterly0.00%
Nov 16, 2023
Dec 13, 2023Jan 2, 2024
$0.4200
$0.4200
Quarterly0.00%
Jul 12, 2023
Sep 20, 2023Oct 2, 2023
$0.4200
$0.4200
Quarterly+7.69%
Apr 5, 2023
Jun 14, 2023Jul 3, 2023
$0.3900
$0.3900
Quarterly0.00%
Jan 25, 2023
Mar 15, 2023Apr 3, 2023
$0.3900
$0.3900
Quarterly0.00%
Nov 10, 2022
Dec 14, 2022Jan 3, 2023
$0.3900
$0.3900
Quarterly0.00%
Jul 14, 2022
Sep 26, 2022Oct 3, 2022
$0.3900
$0.3900
Quarterly+7.73%
Apr 20, 2022
Jun 15, 2022Jul 1, 2022
$0.3630
$0.3620
Quarterly0.00%
Jan 25, 2022
Mar 16, 2022Apr 1, 2022
$0.3630
$0.3620
Quarterly0.00%
Nov 10, 2021
Dec 15, 2021Jan 3, 2022
$0.3630
$0.3620
Quarterly0.00%
Jul 14, 2021
Sep 20, 2021Oct 1, 2021
$0.3630
$0.3620
Quarterly+9.04%
Apr 20, 2021
Jun 16, 2021Jul 1, 2021
$0.3330
$0.3320
Quarterly0.00%
Jan 19, 2021
Mar 17, 2021Apr 1, 2021
$0.3320
$0.3320
Quarterly0.00%
Nov 11, 2020
Dec 16, 2020Jan 4, 2021
$0.3320
$0.3320
Quarterly0.00%
Jul 14, 2020
Sep 22, 2020Oct 1, 2020
$0.3330
$0.3320
Quarterly+6.41%
May 5, 2020
Jun 16, 2020Jul 1, 2020
$0.3120
$0.3120
Quarterly0.00%
Jan 21, 2020
Mar 17, 2020Apr 1, 2020
$0.3120
$0.3120
Quarterly0.00%
Nov 12, 2019
Dec 19, 2019Jan 2, 2020
$0.3120
$0.3120
Quarterly0.00%
Jul 9, 2019
Sep 20, 2019Oct 1, 2019
$0.3120
$0.3120
Quarterly+6.85%
May 7, 2019
Jun 17, 2019Jul 1, 2019
$0.2920
$0.2920
Quarterly0.00%
Jan 22, 2019
Mar 15, 2019Apr 1, 2019
$0.2920
$0.2920
Quarterly0.00%
Nov 13, 2018
Dec 14, 2018Jan 2, 2019
$0.2920
$0.2920
Quarterly0.00%
Jul 10, 2018
Sep 21, 2018Oct 1, 2018
$0.2920
$0.2920
Quarterly+7.35%
May 8, 2018
Jun 15, 2018Jul 2, 2018
$0.2720
$0.2720
Quarterly0.00%
Jan 23, 2018
Mar 15, 2018Apr 2, 2018
$0.2720
$0.2720
Quarterly0.00%
Nov 14, 2017
Dec 15, 2017Jan 2, 2018
$0.2720
$0.2720
Quarterly0.00%
Jul 11, 2017
Sep 22, 2017Oct 2, 2017
$0.2720
$0.2720
Quarterly+6.67%
May 10, 2017
Jun 15, 2017Jul 3, 2017
$0.2550
$0.2550
Quarterly0.00%
Jan 24, 2017
Mar 15, 2017Apr 3, 2017
$0.2550
$0.2550
Quarterly0.00%
Nov 16, 2016
Dec 15, 2016Jan 3, 2017
$0.2550
$0.2550
Quarterly0.00%
Jul 13, 2016
Sep 23, 2016Oct 3, 2016
$0.2550
$0.2550
Quarterly+6.25%
May 11, 2016
Jun 15, 2016Jul 1, 2016
$0.2400
$0.2400
Quarterly0.00%
Jan 19, 2016
Mar 15, 2016Apr 1, 2016
$0.2400
$0.2400
Quarterly0.00%
Nov 11, 2015
Dec 15, 2015Jan 4, 2016
$0.2400
$0.2400
Quarterly0.00%
Jul 14, 2015
Sep 15, 2015Oct 1, 2015
$0.2400
$0.2400
Quarterly+6.67%
May 13, 2015
Jun 15, 2015Jul 1, 2015
$0.2250
$0.2250
Quarterly0.00%
Jan 21, 2015
Mar 13, 2015Apr 1, 2015
$0.2250
$0.2250
Quarterly0.00%
Nov 12, 2014
Dec 15, 2014Jan 2, 2015
$0.4500
$0.2250
Quarterly0.00%
Sep 9, 2014
Sep 22, 2014Oct 1, 2014
$0.4500
$0.2250
Quarterly-46.43%
Jul 16, 2014
Sep 15, 2014Oct 1, 2014
$0.8400
$0.4200
Quarterly0.00%
May 14, 2014
Jun 13, 2014Jul 1, 2014
$0.4200
$0.2100
Quarterly-
njr

New Jersey Resources Corporation Payout Ratio Analysis

NJR ยท NYSE
Dividends Paid
-180.07M
2025
Net Income
335.63M
2025
Payout Ratio
53.65%
2025

Dividend Sustainability Analysis

Payout Ratio
53.65%

Conservative payout with excellent safety margin. Company retains significant earnings for growth, acquisitions, or building cash reserves. Dividend is highly sustainable.

FCF Payout Ratio
-75.1%

Negative free cash flow while paying dividends is a major red flag. Company burning cash and cannot sustain dividend without external financing.

Dividend Growth
-9.1%

Dividend cut is concerning. Investigate whether due to one-time factors or fundamental business deterioration. Reassess dividend sustainability.

Sustainability
Fair

Dividend sustainability questionable. Monitor closely for signs of stress. Consider whether yield justifies the risk.