Is New Jersey Resources Corporation a good dividend stock?

New Jersey Resources Corporation (NJR) is a dividend-paying stock with a current dividend yield of 3.34%. Review its dividend history, payout consistency and growth to judge whether it fits your income strategy.

What is NJR's dividend yield?

The dividend yield for NJR stock is currently 3.34%.

How much does NJR pay in dividends per year?

New Jersey Resources Corporation pays an annual dividend of $1.9000 per share over the trailing twelve months.

How often does NJR pay dividends?

NJR stock pays dividends quarterly.

Is NJR's dividend growing?

New Jersey Resources Corporation's 3-year dividend CAGR is 6.94%.

NJR Stock Price, Chart, Stats & News

New Jersey Resources Corporation

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Overview Dividend safety Dividends Fundamentals

New Jersey Resources Corporation (NJR) is a dividend-paying stock with a current dividend yield of 3.34% as of Jun 29, 2026. It pays $1.90 per share over the trailing twelve months and distributes quarterly. Its dividend has grown at a 7.43% 5-year compound annual rate.

5.75B

Market cap

15.86x

Current P/E

16.45x

Forward P/E

3.34%

Dividend yield

$1.90

NJR dividend

Dividend safety

Strong

Dividend coverage looks healthy — NJR pays out about 53% of earnings.

See the safety analysis

NJR chart

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Fundamentals

Gross margin	26.13%
Operating margin	22.33%
Pretax margin	19.58%
Net margin	15.21%
Effective tax rate	22.30%
ROA	4.13%
ROE	13.39%
D/E	1.67x
Interest coverage ratio	3.68x

All financials

NJR valuation

P/E	15.86x
P/S	2.56x
P/B	2.22x
P/CF	10.90x
P/FCF	-25.19x
P/OCF	10.90x
PEG	-5.65x
EV multiple	1.87x

About

New Jersey Resources Corporation functions as a diversified energy holding company, offering regulated natural gas distribution along with both retail and wholesale energy solutions. The company's business activities are categorized into four primary divisions: Natural Gas Distribution, Clean Energy Ventures, Energy Services, and Storage and Transportation. The Natural Gas Distribution segment delivers regulated natural gas utility services to approximately 564,000 residential and business clients situated in Burlington, Middlesex, Monmouth, Morris, Ocean, and Sussex counties within New Jersey.