NJR Dividend History & Analysis | 4% Yield

NJR has a dividend yield of 4% and paid 1.85 USD per share in the last 12M. Complete payout history, full analyses and peer comparison.

Yield 12m 3.99%
Payout Ratio 60.2%
Growth Rate CAGR 5y 7.37%
Consistency Lifetime 98.5%
Yield on Cost 5y 6.20%
Payout FCF -
Streak Years 39
Dividend Rating 73.32%

Dividends Cash Amount per Share Yearly

This chart shows the yearly cash amount paid as dividends per share. The exact values for each year can be found in the structured dataset with the html-id #yearly_dividend_dataset below.
Dividend Growth Year over Year This chart shows the annual dividend growth rate compared to the previous year.
5 Years Chart with Price and Dividend Yield This chart shows the dividend yield and price over time. Price is displayed as gray area (left axis), yield as dark blue line (right axis), and average yield as orange dashed line.
■ Yield (right) | ■ Price (left) | ┅ Avg Yield
Total Return 12m: 4.5%
Total Return 5y: 60.7%

Top Dividend Payers in Gas Utilities

Top 5 Dividend Yields of Peer-Group
Symbol Market Cap USD Dividend Yield TTM Yield on Cost 5y
SPH 1,270 M 6.69% 12.5%
NWN 1,950 M 4.68% 6.88%
SR 4,903 M 4.14% 6.39%
UGI 8,060 M 4.25% 5.07%
BIPC 5,457 M 4.17% 4.70%
Top 5 Dividend Growth Rates of Peer-Group
Symbol Market Cap USD Growth Rate Consistency
CPK 2,947 M 9.42% 98.5%
ATO 27,542 M 9.03% 99.3%
SR 4,903 M 4.81% 74.4%
NFG 7,716 M 4.03% 99.6%
OGS 4,723 M 3.67% 100%

NJR Dividend History: Last 50 Payments (USD) as of January 2026

Ex-Dividend Date Record Date Payment Date Period Dividend per Share Dividend Growth Rate QoQ Payout Yield
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% 0.96%
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%
2021-09-17 2021-09-20 2021-10-01 Quarterly 0.363 9% 1.03%
2021-06-15 2021-06-16 2021-07-01 Quarterly 0.333 0% 0.77%
2021-03-16 2021-03-17 2021-04-01 Quarterly 0.333 0% 0.8%
2020-12-15 2020-12-16 2021-01-04 Quarterly 0.333 0% N/A
2020-09-21 2020-09-22 2020-10-01 Quarterly 0.333 6.4% N/A
2020-06-15 2020-06-16 2020-07-01 Quarterly 0.313 0% N/A
2020-03-16 2020-03-17 2020-04-01 Quarterly 0.313 0% N/A
2019-12-18 2019-12-19 2020-01-02 Quarterly 0.313 0% N/A
2019-09-19 2019-09-20 2019-10-01 Quarterly 0.313 6.8% N/A
2019-06-14 2019-06-17 2019-07-01 Quarterly 0.293 0% N/A
2019-03-14 2019-03-15 2019-04-01 Quarterly 0.293 0% N/A
2018-12-13 2018-12-14 2019-01-02 Quarterly 0.293 0% N/A
2018-09-20 2018-09-21 2018-10-01 Quarterly 0.293 7.3% N/A
2018-06-14 2018-06-15 2018-07-02 Quarterly 0.273 0% N/A
2018-03-14 2018-03-15 2018-04-02 Quarterly 0.273 0% N/A
2017-12-14 2017-12-15 2018-01-02 Quarterly 0.273 0% N/A
2017-09-21 2017-09-22 2017-10-02 Quarterly 0.273 7.1% N/A
2017-06-13 2017-06-15 2017-07-03 Quarterly 0.255 0% N/A
2017-03-13 2017-03-15 2017-04-03 Quarterly 0.255 0% N/A
2016-12-13 2016-12-15 2017-01-03 Quarterly 0.255 0% N/A
2016-09-21 2016-09-23 2016-10-03 Quarterly 0.255 6.3% N/A
2016-06-13 2016-06-15 2016-07-01 Quarterly 0.24 0% N/A
2016-03-11 2016-03-15 2016-04-01 Quarterly 0.24 0% N/A
2015-12-11 2015-12-15 2016-01-04 Quarterly 0.24 0% N/A
2015-09-11 2015-09-15 2015-10-01 Quarterly 0.24 6.7% N/A
2015-06-11 2015-06-15 2015-07-01 Quarterly 0.225 0% N/A
2015-03-11 2015-03-13 2015-04-01 Quarterly 0.225 -50% N/A
2014-12-11 2014-12-15 2015-01-02 Quarterly 0.45 0% N/A
2014-09-18 2014-09-22 2014-10-01 Quarterly 0.45 -46.4% N/A
2014-09-11 2014-09-15 2014-10-01 0.84 100% N/A
2014-06-11 2014-06-13 2014-07-01 Quarterly 0.42 0% N/A
2014-03-12 2014-03-14 2014-04-01 Quarterly 0.42 0% N/A
2013-12-11 2013-12-13 2014-01-02 Quarterly 0.42 0% N/A

NJR Dividend FAQ

New Jersey Resources Corp. (NJR) is a diversified energy-services holding company that distributes regulated natural gas in six New Jersey counties and operates four distinct segments: Natural Gas Distribution, Clean Energy Ventures, Energy Services, and Storage & Transportation.

What is the Dividend Yield of NJR?

As of January 2026, NJR`s dividend yield is 3.99%. This is calculated by dividing the trailing 12-month dividend rate (TTM rate) of 1.85 USD by the current share price of 47.97.

Does NJR pay a dividend?

As of January 2026, NJR paid a dividend of 1.85 USD in the last 12 months. The last dividend was paid on 2025-12-12 and the payout was 0.475 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 2025-12-12.

NJR dividend forecast

Based on historical data, the forecasted dividends per share for NJR for the next 4 payments are between 0.4 (-15.8%) and 0.436 (-8.2%).
This represents a significant dividend cut compared to the last payment.

Will NJR pay dividends in 2026?

The latest dividend paid per share was 0.475 USD with an Ex-Dividend Date of 2025-12-12. 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 7.37% 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 6.20%. If you bought NJR's shares at 29.85 USD five years ago, your current annual dividend income (1.85 USD per share, trailing 12 months) equals 6.20% of your original purchase price.

What is the Payout Consistency of NJR?

NJR Payout Consistency is 98.5%. 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 3.99% 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 60.2%. Moderate - Typically an acceptable payout ratio.

What is the Dividend Rating of NJR?

NJR`s Overall Dividend Rating is 73.32%. Ratings surpassing 65% are regarded as acceptable, exceeding 75% are favorable and surpassing 85% are strong.

NJR Outstanding Shares Analysis

What is the Trend in NJR's Outstanding Shares?

NewJersey Resources's outstanding shares have increased by approximately 1.24% annually over the past 3 years (Trend Reliability: 100.0%).

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
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 101,024,000 +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: 2026-01-17 02:38