NJR Dividend History & Analysis | 3.8% Yield

NJR has a dividend yield of 3.8% and paid 1.92 USD per share in the last 12M. Complete payout history, full analyses and peer comparison.

Yield 12m 3.75%
Payout Ratio 52.9%
Growth Rate CAGR 5y 6.9%
Consistency Lifetime 100%
Yield on Cost 5y 6.2%
Payout FCF 373.5%
Streak Years 5
Dividend Rating 66.8%
Chowder Number yield + growth 10.7% below 12% target for healthy growth
Yield vs Average 5y +10.3% avg 3.4% vs now 3.75%
Debt / EBITDA leverage 5.1x elevated
Income per 10k invested 375 USD per year
Dividends Cash Amount per Share Yearly NJR annual dividends paid per share, showing the total cash NewJersey Resources distributed to shareholders each year.
Dividend Growth Year over Year NJR year-over-year dividend growth rate, showing how NewJersey Resources's dividend per share increased or decreased each year compared to the prior year.
Price and Yield per Payout History NJR dividend yield history versus share price over the past 5 years, showing how NewJersey Resources's payout yield moved at each dividend payment relative to its stock price.
┅┅ Payout Yield (right) ■ Price (left)

Top Dividend Payers in Gas Utilities

Top 10 Dividend Yields of Peer-Group
SYMBOL MARKET CAP USD YIELD TTM YIELD ON COST 5y
SPH NYSE
Suburban Propane
1,112 M 6.85% 12.08%
NTGY MC
Naturgy Energy
30,253 M 6.59% 10.98%
ENG MC
Enagás S.A.
4,854 M 6.57% 8.05%
IG MI
Italgas
9,454 M 4.52% 9.88%
SR NYSE
Spire
4,576 M 3.96% 6.44%
BIPC NYSE
Brookfield Infrastructure
4,390 M 4.15% 5.57%
NJR NYSE
NewJersey Resources
5,235 M 3.75% 6.22%
NWN NYSE
Northwest Natural Gas
1,998 M 4.09% 5.27%
UGI NYSE
UGI
7,889 M 4.09% 4.31%
OGS NYSE
One Gas
4,561 M 3.30% 4.73%
Top 10 Dividend Growth Rates of Peer-Group
SYMBOL MARKET CAP USD GROWTH RATE CONSISTENCY
IG MI
Italgas
9,454 M 20.89% 100.0%
MDU NYSE
MDU Resources
3,915 M 16.51% 98.9%
NTGY MC
Naturgy Energy
30,253 M 11.57% 98.1%
ATO NYSE
Atmos Energy
26,709 M 9.57% 100.0%
CPK NYSE
Chesapeake Utilities
3,189 M 8.64% 100.0%
NJR NYSE
NewJersey Resources
5,235 M 6.94% 100.0%
BIPC NYSE
Brookfield Infrastructure
4,390 M 6.03% 100.0%
SR NYSE
Spire
4,576 M 4.64% 100.0%
NFG NYSE
National Fuel Gas
7,248 M 4.04% 100.0%
OGS NYSE
One Gas
4,561 M 2.35% 100.0%

NJR Dividend History

Dividend Monthly Return EX date, 4.8 years of data

Jan - -
Feb - -
Mar 0.88% 100
Apr - -
May - -
Jun 0.90% 100
Jul - -
Aug - -
Sep 0.96% 100
Oct - -
Nov - -
Dec 0.92% 100

Average monthly dividend return by ex-dividend date. The score below shows reliability based on how consistently dividends were paid in that month.

Last 20 Payments (USD) as of October 2026
EX-DATE RECORD PAYMENT PERIOD DIV/SHARE GROWTH PAYOUT YIELD
2026-09-24 2026-09-24 2026-10-01 Quarterly 0.5 +5.3% 0.96%
2026-06-10 2026-06-10 2026-07-01 Quarterly 0.475 0% 0.86%
2026-03-11 2026-03-11 2026-04-01 Quarterly 0.475 0% 0.89%
2025-12-12 2025-12-12 2026-01-02 Quarterly 0.475 0% 1.04%
2025-09-22 2025-09-22 2025-10-01 Quarterly 0.475 +5.6% 1.02%
2025-06-10 2025-06-10 2025-07-01 Quarterly 0.45 0% 1.01%
2025-03-11 2025-03-11 2025-04-01 Quarterly 0.45 0% 0.95%
2024-12-11 2024-12-11 2025-01-02 Quarterly 0.45 0% 0.93%
2024-09-23 2024-09-23 2024-10-01 Quarterly 0.45 +7.1% 0.95%
2024-06-12 2024-06-12 2024-07-01 Quarterly 0.42 0% 0.96%
2024-03-12 2024-03-13 2024-04-01 Quarterly 0.42 0% 0.98%
2023-12-12 2023-12-13 2024-01-02 Quarterly 0.42 0% 0.97%
2023-09-19 2023-09-20 2023-10-02 Quarterly 0.42 +7.7% 0.98%
2023-06-13 2023-06-14 2023-07-03 Quarterly 0.39 0% 0.81%
2023-03-14 2023-03-15 2023-04-03 Quarterly 0.39 0% 0.76%
2022-12-13 2022-12-14 2023-01-03 Quarterly 0.39 0% 0.76%
2022-09-23 2022-09-26 2022-10-03 Quarterly 0.39 +7.4% 0.9%
2022-06-14 2022-06-15 2022-07-01 Quarterly 0.363 0% 0.84%
2022-03-15 2022-03-16 2022-04-01 Quarterly 0.363 0% 0.84%
2021-12-14 2021-12-15 2022-01-03 Quarterly 0.363 0% 0.92%

NJR Dividend FAQ

What is the Dividend Yield of NJR?

As of October 2026, NJR's dividend yield is 3.75%. This is calculated by dividing the trailing 12-month dividend rate (TTM rate) of 1.92 USD by the current share price of 50.96.

Does NJR pay a dividend?

As of October 2026, NJR paid a dividend of 1.92 USD in the last 12 months. The last dividend was paid on 2026-09-24 and the payout was 0.5 USD.

How often does NJR pay dividends?

NJR pays dividends quarterly. Over the last 12 months, NJR has issued 4 dividend payments. The last dividend payment was made on 2026-09-24.

NJR dividend forecast

Based on historical data, the forecasted dividends per share for NJR for the next payments are between 0.497 (-0.6%) and 0.506 (+1.2%). This suggests the dividend will remain relatively stable. The expected Yield for the next 12 months is about 3.94%.

Will NJR pay dividends in 2026?

The latest dividend paid per share was 0.5 USD with an Ex-Dividend Date of 2026-09-24. The next Ex-Dividend date for NewJersey Resources (NJR) is currently unknown.

What is the next Ex-Dividend Date for NJR?

The next Ex-Dividend date for NewJersey Resources (NJR) is currently unknown. We automatically update the next Ex-Dividend date when it is announced.

What is the Dividend Growth of NJR?

NJR's average dividend growth rate over the past 5 years is 6.94% per year. Strong growth: NJR's dividend growth is outpacing inflation.

What is the Yield on Cost of NJR?

NJR's 5-Year Yield on Cost is 6.22%. If you bought NJR's shares at 30.93 USD five years ago, your current annual dividend income (1.92 USD per share, trailing 12 months) equals 6.22% of your original purchase price.

What is the Payout Consistency of NJR?

NJR Payout Consistency is 100.0%. The payout consistency is a proprietary measure of how consistently a company has paid dividends over its lifetime and blends growth rate, number of dividend payments, interruptions or lowering dividends into one number. Very consistent: NewJersey Resources has a strong track record of consistent dividend payments over its lifetime.

Does NJR have a good Dividend Yield?

NJR's 3.75% Dividend Yield is considered as moderate. This is usually a sign of a value company.

What is the Dividend Payout Ratio of NJR?

The Dividend Payout Ratio of NJR is 52.9%. Healthy - Leaves room for growth and provides some protection to maintain dividends even in a recession.

What is the Dividend Rating of NJR?

NJR's Overall Dividend Rating is 66.80%. Ratings surpassing 65% are regarded as acceptable, exceeding 75% are favorable and surpassing 85% are strong.

NJR Outstanding Shares Analysis

The Chart shows the outstanding shares over time per year.
What is the Trend in NJR's Outstanding Shares?

NewJersey Resources's outstanding shares have increased by approximately 1.19% annually over the past 3 years (Trend Reliability: 93.9%). Neutral: Share count is relatively stable with minor dilution. This has minimal impact on dividend per share calculations.

Has NJR ever had a Stock Split?

Yes, the last stock split was on Mar 4, 2015 with a ratio of 2:1. This was a forward split: Each share became 2 shares, lowering the price proportionally. The dividend per share was also adjusted downward by the same ratio, so total dividend income remained unchanged.

YEAR NUMBER OF SHARES ANNUAL GROWTH RATE
1985 31,702,300 0%
1986 32,439,600 +2.33%
1987 40,266,200 +24.13%
1988 49,113,400 +21.97%
1989 59,255,200 +20.65%
1990 62,936,900 +6.21%
1991 63,686,200 +1.19%
1992 73,696,900 +15.72%
1993 76,027,000 +3.16%
1994 78,152,600 +2.8%
1995 85,760,300 +9.73%
1996 81,678,900 -4.76%
1997 80,805,300 -1.07%
1998 80,752,700 -0.07%
1999 80,532,400 -0.27%
2000 79,763,700 -0.95%
2001 81,161,800 +1.75%
2002 81,975,000 +1%
2003 83,658,000 +2.05%
2004 85,173,000 +1.81%
2005 83,880,000 -1.52%
2006 83,712,000 -0.2%
2007 83,856,000 +0.17%
2008 84,990,000 +1.35%
2009 84,002,000 -1.16%
2010 83,020,000 -1.17%
2011 83,302,000 +0.34%
2012 83,516,000 +0.26%
2013 84,478,000 +1.15%
2014 85,574,000 +1.3%
2015 86,676,000 +1.29%
2016 86,855,000 +0.21%
2017 87,347,000 +0.57%
2018 88,946,000 +1.83%
2019 92,320,000 +3.79%
2020 96,415,000 +4.44%
2021 96,356,000 -0.06%
2022 97,083,000 +0.75%
2023 98,563,000 +1.52%
2024 100,478,000 +1.94%
2025 101,229,000 +0.75%
2026 101,780,000 +0.54%

Key Metric Definitions

Dividend Yield

Annual dividend per share divided by current share price.

Payout Ratio

Percentage of earnings paid as dividends. Below 60% = safe, above 100% = unsustainable.

Payout FCF

Percentage of Free Cash Flow paid as dividends. More reliable than Payout Ratio since it measures actual cash.

Growth Rate (CAGR)

Compound annual growth rate of dividends over the last 5 years.

Consistency

Reliability of dividend payments over lifetime. Penalizes cuts and pauses.

Yield on Cost

Your effective yield if you bought 5 years ago. Shows dividend growth impact over time.

Streak

Consecutive years of dividend payments. 25+ years = Dividend Aristocrat.

Dividend Rating

Proprietary score (0-100) combining yield, growth, safety and consistency.

Last update: 2026-09-26 02:37 UTC