SmarterDividends
NJR

New Jersey Resources Corporation

NJR39 yrs growth

Utilities · Stock · quarterly payer

Forward Yield

3.48%

Annual Dividend

$1.90

Payout Ratio

56%

5-Yr Growth

7.4%

Ex-Date

Jun 10, 2026

Frequency

Quarterly

NJR Dividend Safety Score

92/ 100
Grade A

Very Safe

Dividend-growth streak38 consecutive years of growth
Cut historyNever cut its dividend on record
Earnings payout coverage56% of earnings paid out
Balance-sheet strengthDebt/equity of 1.42
Yield vs its historyYield in line with its history

SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.

Dividend Growth

Total dividends per share by year

Is NJR a good dividend stock?

Yes

New Jersey Resources Corporation (NJR) pays a quarterly dividend yielding 3.48% ($1.90/yr), with 39 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.

Advantages

  • Dividend Aristocrat — 39 consecutive years of growth
  • Never cut its dividend on record
  • Comfortable payout ratio (56%)
  • Strong 7.4% 5-yr dividend growth
  • Top-tier dividend safety score

Risks

  • Single-stock concentration risk — diversify

Key Data

Dividend Yield
3.48%
Payout Ratio
56%
Annual Dividend
$1.90
5-Yr Avg Growth
7.4%
Ex-Dividend Date
Jun 10, 2026
Years of Growth
39
Frequency
quarterly
Beta
0.52
Market Cap
$5.5B
P/E Ratio
16.2
5-Yr Total Return
39%
52-Week Range
$43.46 – $58.57
Dividend Safety
A · 92/100
Ever Cut?
No
NJR ex-dividend date & scheduleNext ex-date Jun 10, 2026 · full ex-dividend historyView →

Frequently Asked Questions

Income Calculator

At $1.90 / yr per share

Per payment (quarterly)$47.50
Annual$190.00
Monthly avg$15.83