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.
New Jersey Resources Dividend Announcement
• New Jersey Resources announced a quarterly dividend of $0.45 per ordinary share which will be made payable on 2025-01-02. Ex dividend date: 2024-12-11
• New Jersey Resources annual dividend for 2024 was $1.74
• New Jersey Resources annual dividend for 2023 was $1.62
• New Jersey Resources's trailing twelve-month (TTM) dividend yield is 4.54%
• New Jersey Resources's payout ratio for the trailing twelve months (TTM) is 68.50%
• New Jersey Resources's dividend growth over the last five years (2018-2023) was 7.47% year
• New Jersey Resources's dividend growth over the last ten years (2013-2023) was -0.12% year
New Jersey Resources Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-12-11 | $0.45 | quarterly | 2025-01-02 |
| 2024-09-23 | $0.45 | quarterly | 2024-10-01 |
| 2024-06-12 | $0.42 | quarterly | 2024-07-01 |
| 2024-03-12 | $0.42 | quarterly | 2024-04-01 |
| 2023-12-12 | $0.42 | quarterly | 2024-01-02 |
| 2023-09-19 | $0.42 | quarterly | 2023-10-02 |
| 2023-06-13 | $0.39 | quarterly | 2023-07-03 |
| 2023-03-14 | $0.39 | quarterly | 2023-04-03 |
| 2022-12-13 | $0.39 | quarterly | 2023-01-03 |
| 2022-09-23 | $0.39 | quarterly | 2022-10-03 |
| 2022-06-14 | $0.36 | quarterly | 2022-07-01 |
| 2022-03-15 | $0.36 | quarterly | 2022-04-01 |
| 2021-12-14 | $0.36 | quarterly | 2022-01-03 |
| 2021-09-17 | $0.36 | quarterly | 2021-10-01 |
| 2021-06-15 | $0.33 | quarterly | 2021-07-01 |
| 2021-03-16 | $0.33 | quarterly | 2021-04-01 |
| 2020-12-15 | $0.33 | quarterly | 2021-01-04 |
| 2020-09-21 | $0.33 | quarterly | 2020-10-01 |
| 2020-06-15 | $0.31 | quarterly | 2020-07-01 |
| 2020-03-16 | $0.31 | quarterly | 2020-04-01 |
| 2019-12-18 | $0.31 | quarterly | 2020-01-02 |
| 2019-09-19 | $0.31 | quarterly | 2019-10-01 |
| 2019-06-14 | $0.29 | quarterly | 2019-07-01 |
| 2019-03-14 | $0.29 | quarterly | 2019-04-01 |
| 2018-12-13 | $0.29 | quarterly | 2019-01-02 |
| 2018-09-20 | $0.29 | quarterly | 2018-10-01 |
| 2018-06-14 | $0.27 | quarterly | 2018-07-02 |
| 2018-03-14 | $0.27 | quarterly | 2018-04-02 |
| 2017-12-14 | $0.27 | quarterly | 2018-01-02 |
| 2017-09-21 | $0.27 | quarterly | 2017-10-02 |
| 2017-06-13 | $0.26 | quarterly | 2017-07-03 |
| 2017-03-13 | $0.26 | quarterly | 2017-04-03 |
| 2016-12-13 | $0.26 | quarterly | 2017-01-03 |
| 2016-09-21 | $0.26 | quarterly | 2016-10-03 |
| 2016-06-13 | $0.24 | quarterly | 2016-07-01 |
| 2016-03-11 | $0.24 | quarterly | 2016-04-01 |
| 2015-12-11 | $0.24 | quarterly | 2016-01-04 |
| 2015-09-11 | $0.24 | quarterly | 2015-10-01 |
| 2015-06-11 | $0.23 | quarterly | 2015-07-01 |
| 2015-03-11 | $0.23 | quarterly | 2015-04-01 |
| 2014-12-11 | $0.45 | quarterly | 2015-01-02 |
| 2014-09-18 | $0.42 | quarterly | 2014-10-01 |
| 2014-06-11 | $0.42 | quarterly | 2014-07-01 |
| 2014-03-12 | $0.42 | quarterly | 2014-04-01 |
| 2013-12-11 | $0.42 | quarterly | 2014-01-02 |
| 2013-09-19 | $0.42 | quarterly | 2013-10-01 |
| 2013-06-12 | $0.40 | quarterly | 2013-07-01 |
| 2013-03-13 | $0.40 | quarterly | 2013-04-01 |
New Jersey Resources Dividend per year
New Jersey Resources Dividend growth
New Jersey Resources Dividend Yield
New Jersey Resources current trailing twelve-month (TTM) dividend yield is 4.54%. Interested in purchasing New Jersey Resources stock? Use our calculator to estimate your expected dividend yield:
New Jersey Resources Financial Ratios
P/E ratio19.98
PEG ratio1.05
P/B ratio2.20
ROE11.25%
Payout ratio68.50%
Current ratio0.60
Quick ratio0.41
Cash Ratio0.05
New Jersey Resources Dividend FAQ
How much is the next New Jersey Resources dividend?
New Jersey Resources's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next New Jersey Resources dividend. The next New Jersey Resources dividend will be released in March, June, September, or December.
When is New Jersey Resources dividend paid?
New Jersey Resources pays dividends on a quarterly basis. The specific dates may vary each year but are generally around March, June, September, and December. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does New Jersey Resources pay?
The specific amount of New Jersey Resources dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find New Jersey Resources's dividend history.
Does New Jersey Resources stock pay dividends?
Yes, New Jersey Resources does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find New Jersey Resources's dividend history.
How much dividend does New Jersey Resources pay?
New Jersey Resources paid $1.74 in 2024, $1.62 in 2023, $1.506 in 2022, $1.392 in 2021, and $1.29 in 2020.
How often does New Jersey Resources pay dividends?
New Jersey Resources typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around March, June, September, and December.
What is New Jersey Resources's dividend yield?
The current dividend yield for New Jersey Resources is 4.54%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate New Jersey Resources's exact dividend yield.
When does New Jersey Resources go ex dividend?
New Jersey Resources's ex-dividend date for the latest dividend was on 2024-12-11. New Jersey Resources typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next New Jersey Resources dividend paid?
New Jersey Resources pays dividends on a quarterly basis, typically around March, June, September, or December, but the exact dates can vary each year.
Will New Jersey Resources increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether New Jersey Resources will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is New Jersey Resources dividend per share?
New Jersey Resources paid $1.74 per share in 2024 and $1.62 per share in 2023. The amount of dividend per share that New Jersey Resources pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is New Jersey Resources a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is New Jersey Resources a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is New Jersey Resources a dividend stock?
Yes, New Jersey Resources is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is New Jersey Resources a good dividend stock?
Whether New Jersey Resources is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. New Jersey Resources has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating New Jersey Resources as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Other factors to consider when evaluating New Jersey Resources as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does New Jersey Resources pay dividends monthly?
New Jersey Resources typically pays dividends on a quarterly basis.
Does New Jersey Resources pay dividends quarterly?
New Jersey Resources currently pays dividends on a quarterly basis.
Has New Jersey Resources ever paid a dividend?
Yes, New Jersey Resources has a history of paying dividends to its shareholders. New Jersey Resources is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy New Jersey Resources dividend stocks?
To buy New Jersey Resources you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy New Jersey Resources stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
Place an order: Use the brokerage's trading platform to place an order to buy New Jersey Resources stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does New Jersey Resources pay dividends 2024?
New Jersey Resources pays dividends on a quarterly basis. 2024 dividend payments are in 2025-01-02. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will New Jersey Resources increase its dividend in 2024?
Decisions regarding New Jersey Resources dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date New Jersey Resources dividend overview you can look into the above table of dividend history.
How New Jersey Resources dividend works?
The New Jersey Resources dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how New Jersey Resources's dividend process works:
1. Determination of Dividend: New Jersey Resources's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, New Jersey Resources publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, New Jersey Resources distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from New Jersey Resources are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Determination of Dividend: New Jersey Resources's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, New Jersey Resources publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, New Jersey Resources distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from New Jersey Resources are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are New Jersey Resources dividends paid?
New Jersey Resources dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: New Jersey Resources sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, New Jersey Resources distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: New Jersey Resources declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
1. Record Date: New Jersey Resources sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, New Jersey Resources distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: New Jersey Resources declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does New Jersey Resources pay dividends?
New Jersey Resources typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does New Jersey Resources pay dividends?
The general pattern is that New Jersey Resources pays dividends around March, June, September, and December. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is New Jersey Resources dividend safe?
The safety of New Jersey Resources's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of New Jersey Resources's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review New Jersey Resources's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.
To assess the safety of New Jersey Resources's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review New Jersey Resources's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.