New Jersey Resources (NJR) Dividend History & Yield
Dividend ContenderNew Jersey Resources (NJR) has increased its dividend for 11 consecutive years and currently yields 3.27%. The most recent dividend was $0.4750/share on Apr 1, 2026, paid Quarterly.
Current Yield
3.27%
TTM Dividend/Share
$1.88
Payment Frequency
Quarterly
Payout Ratio
55.6%
Consecutive Growth Years
11 (Dividend Contender)
Div Growth (1Y CAGR)
6.32%
Div Growth (5Y CAGR)
7.48%
Div Growth (10Y CAGR)
7.12%
NJR: compare the "Now" marker to the 1Y / 3Y / 5Y averages on the scale. One valuation signal among many — review fundamentals before investing.
Dividend health
Chowder score
10.8%
FCF payout ratio
13.1%
Net debt / EBITDA
4.9x
Interest coverage
4.00x
ROIC (TTM)
7.1%
Dividend Safety Score
5 out of 7 checks passed
Payout ratio below 75%
Payout ratio is 55.6%, well below the 75% threshold.
Free cash flow covers dividend
FCF/share ($-2.39) does not fully cover dividend/share ($1.88).
No dividend cuts in 10+ years
No dividend cuts in the last 10 years.
Positive earnings growth trend
Earnings per share have grown over the past 5 years.
10+ years of consecutive growth
11 consecutive years of dividend growth.
FCF payout ratio below 70%
FCF payout ratio is 13.1%, below the 70% threshold.
Net Debt/EBITDA below 3x
Net Debt/EBITDA is 4.9x.
Dividend growth ≤ earnings growth (5Y)
N/A — earnings base is negative, CAGR not computable.
Per-payment dividend history
Ex-date Jun 10, 2026
- Payment date
- Jul 1, 2026
- Dividend
- $0.4750
- Adj. dividend
- $0.4750
Ex-date Mar 11, 2026
- Payment date
- Apr 1, 2026
- Dividend
- $0.4750
- Adj. dividend
- $0.4750
Ex-date Dec 12, 2025
- Payment date
- Jan 2, 2026
- Dividend
- $0.4750
- Adj. dividend
- $0.4750
Ex-date Sep 22, 2025
- Payment date
- Oct 1, 2025
- Dividend
- $0.4750
- Adj. dividend
- $0.4750
Ex-date Jun 10, 2025
- Payment date
- Jul 1, 2025
- Dividend
- $0.4500
- Adj. dividend
- $0.4500
Ex-date Mar 11, 2025
- Payment date
- Apr 1, 2025
- Dividend
- $0.4500
- Adj. dividend
- $0.4500
Ex-date Dec 11, 2024
- Payment date
- Jan 2, 2025
- Dividend
- $0.4500
- Adj. dividend
- $0.4500
Ex-date Sep 23, 2024
- Payment date
- Oct 1, 2024
- Dividend
- $0.4500
- Adj. dividend
- $0.4500
Ex-date Jun 12, 2024
- Payment date
- Jul 1, 2024
- Dividend
- $0.4200
- Adj. dividend
- $0.4200
Ex-date Mar 12, 2024
- Payment date
- Apr 1, 2024
- Dividend
- $0.4200
- Adj. dividend
- $0.4200
Ex-date Dec 12, 2023
- Payment date
- Jan 2, 2024
- Dividend
- $0.4200
- Adj. dividend
- $0.4200
Ex-date Sep 19, 2023
- Payment date
- Oct 2, 2023
- Dividend
- $0.4200
- Adj. dividend
- $0.4200
| Ex-Date | Payment Date | Dividend | Adj. Dividend |
|---|---|---|---|
| Jun 10, 2026 | Jul 1, 2026 | $0.4750 | $0.4750 |
| Mar 11, 2026 | Apr 1, 2026 | $0.4750 | $0.4750 |
| Dec 12, 2025 | Jan 2, 2026 | $0.4750 | $0.4750 |
| Sep 22, 2025 | Oct 1, 2025 | $0.4750 | $0.4750 |
| Jun 10, 2025 | Jul 1, 2025 | $0.4500 | $0.4500 |
| Mar 11, 2025 | Apr 1, 2025 | $0.4500 | $0.4500 |
| Dec 11, 2024 | Jan 2, 2025 | $0.4500 | $0.4500 |
| Sep 23, 2024 | Oct 1, 2024 | $0.4500 | $0.4500 |
| Jun 12, 2024 | Jul 1, 2024 | $0.4200 | $0.4200 |
| Mar 12, 2024 | Apr 1, 2024 | $0.4200 | $0.4200 |
| Dec 12, 2023 | Jan 2, 2024 | $0.4200 | $0.4200 |
| Sep 19, 2023 | Oct 2, 2023 | $0.4200 | $0.4200 |
Historical Dividend Yield
Dividend Growth
Dividend Increase Track Record
New Jersey Resources has raised its total annual dividend (split-adjusted, by ex-dividend calendar year) versus the prior year for 11 consecutive years — the same figure as the "Consecutive Growth Years" card above.
| Year | Previous DPS | New DPS | Change |
|---|---|---|---|
| 2026 | $1.8500 | — | — |
| 2025 | $1.7400 | $1.8500 | +6.3% |
| 2024 | $1.6200 | $1.7400 | +7.4% |
| 2023 | $1.5050 | $1.6200 | +7.6% |
| 2022 | $1.3900 | $1.5050 | +8.3% |
| 2021 | $1.2900 | $1.3900 | +7.8% |
| 2020 | $1.2100 | $1.2900 | +6.6% |
| 2019 | $1.1300 | $1.2100 | +7.1% |
| 2018 | $1.0550 | $1.1300 | +7.1% |
| 2017 | $0.9900 | $1.0550 | +6.6% |
| 2016 | $0.9300 | $0.9900 | +6.5% |
| 2015 | $1.2900 | $0.9300 | -27.9% |
| 2014 | $0.8200 | $1.2900 | +57.3% |
| 2013 | $0.9700 | $0.8200 | -15.5% |
| 2012 | $0.7300 | $0.9700 | +32.9% |
| 2011 | $0.6900 | $0.7300 | +5.8% |
| 2010 | $0.6350 | $0.6900 | +8.7% |
| 2009 | $0.5285 | $0.6350 | +20.2% |
| 2008 | $0.5133 | $0.5285 | +3.0% |
| 2007 | $0.4867 | $0.5133 | +5.5% |
| 2006 | $0.4600 | $0.4867 | +5.8% |
| 2005 | $0.4383 | $0.4600 | +4.9% |
| 2004 | $0.4183 | $0.4383 | +4.8% |
| 2003 | $0.4033 | $0.4183 | +3.7% |
| 2002 | $0.7355 | $0.4033 | -45.2% |
| 2001 | $0.3844 | $0.7355 | +91.3% |
| 2000 | $0.3756 | $0.3844 | +2.4% |
| 1999 | $0.3667 | $0.3756 | +2.4% |
| 1998 | $0.3578 | $0.3667 | +2.5% |
| 1997 | $0.3489 | $0.3578 | +2.5% |
| 1996 | $0.3378 | $0.3489 | +3.3% |
| 1995 | $0.3378 | $0.3378 | 0.0% |
| 1994 | $0.3378 | $0.3378 | 0.0% |
| 1993 | $0.3378 | $0.3378 | 0.0% |
| 1992 | $0.3356 | $0.3378 | +0.7% |
| 1991 | $0.3244 | $0.3356 | +3.4% |
| 1990 | $0.3067 | $0.3244 | +5.8% |
| 1989 | $0.2889 | $0.3067 | +6.2% |
| 1988 | $0.2711 | $0.2889 | +6.6% |
| 1987 | — | $0.2711 | — |
DPS sums split-adjusted amounts (adj. dividend) by ex-dividend calendar year—the same basis as the Adj. Dividend column in Dividend Payment History. The Dividend column can differ after stock splits. This table uses four decimals per annual total so the Change column matches the shown amounts; each payment row in Dividend Payment History also uses four.
Cash dividends paid (USD) — TTM and history
Trailing-twelve-month and annual common dividends paid for New Jersey Resources (NJR) from the consolidated cash flow statement, in USD as filed.
Latest period
$185.88M
YoY change
+9.1%
5Y CAGR
+8.9%
Peak year (2025)
$180.07M
Latest annual
$180.07M
Cash dividends paid over time for New Jersey Resources (NJR)
Per-period cash dividends paid
Cash dividends paid annual + quarterly history for New Jersey Resources (NJR)
| Fiscal year | Period ended | Reported | Dividends Paid | YoY | YoY change |
|---|---|---|---|---|---|
| 2025 | $180.07M | +9.1% | +$15.00M | ||
| 2024 | $165.06M | +9.3% | +$14.09M | ||
| 2023 | $150.97M | +18.2% | +$23.27M | ||
| 2022 | $127.70M | +9.2% | +$10.74M | ||
| 2021 | $116.96M | -0.7% | -$844,000 | ||
| 2020 | $117.80M | +13.2% | +$13.74M | ||
| 2019 | $104.06M | +8.6% | +$8.22M | ||
| 2018 | $95.83M | +8.9% | +$7.85M | ||
| 2017 | $87.99M | +6.7% | +$5.54M | ||
| 2016 | $82.44M | +7.7% | +$5.91M | ||
| 2015 | $76.53M | +8.3% | +$5.87M | ||
| 2014 | $70.66M | +5.1% | +$3.43M | ||
| 2013 | $67.23M | +9.0% | +$5.54M | ||
| 2012 | $61.69M | +5.2% | +$3.04M | ||
| 2011 | $58.65M | +10.4% | +$5.51M | ||
| 2010 | $53.14M | +4.3% | +$2.17M | ||
| 2009 | $50.97M | +12.8% | +$5.77M | ||
| 2008 | $45.20M | +8.0% | +$3.33M | ||
| 2007 | $41.87M | +6.1% | +$2.42M | ||
| 2006 | $39.45M | +6.1% | +$2.28M | ||
| 2005 | $37.16M | +5.4% | +$1.90M | ||
| 2004 | $35.27M | +6.1% | +$2.02M | ||
| 2003 | $33.24M | +3.9% | +$1.23M | ||
| 2002 | $32.01M | +3.3% | +$1.02M | ||
| 2001 | $30.99M | +2.4% | +$720,000 | ||
| 2000 | $30.27M | +1.5% | +$441,000 | ||
| 1999 | $29.83M | +2.5% | +$728,000 | ||
| 1998 | $29.10M | +1.4% | +$400,000 | ||
| 1997 | $28.70M | +3.6% | +$1.00M | ||
| 1996 | $27.70M | +4.1% | +$1.10M | ||
| 1995 | $26.60M | — | +$26.60M | ||
| 1994 | $0 | — | — |
2025's annual dividends paid for New Jersey Resources (NJR) came in at $180.07M – grew 9.1% year-over-year.
New Jersey Resources dividends paid has grown for 4 consecutive years, with a +8.9% compound annual growth rate over 2020–2025 (5 years).
The highest annual dividends paid of $180.07M was reported in 2025. The lowest in the available history was $0 in 1994.
Within Utilities, New Jersey Resources (NJR) ranks 9th among 8 peers we track. The peer median for dividends paid is $2.14B.
New Jersey Resources Dividends Paid 2025: $180.07M
New Jersey Resources dividends paid in 2025 was $180.07M, grew 9.1% from 2024. This figure represents the highest annual value in the available history.
New Jersey Resources Dividends Paid 2024: $165.06M
New Jersey Resources dividends paid in 2024 was $165.06M, grew 9.3% from 2023.
New Jersey Resources Dividends Paid 2023: $150.97M
New Jersey Resources dividends paid in 2023 was $150.97M, grew 18.2% from 2022.
New Jersey Resources Dividends Paid 2022: $127.70M
New Jersey Resources dividends paid in 2022 was $127.70M, grew 9.2% from 2021.
New Jersey Resources Dividends Paid 2021: $116.96M
New Jersey Resources dividends paid in 2021 was $116.96M.
See more financial history for New Jersey Resources (NJR).
Sector peers by dividends paid
Companies in the same sector as New Jersey Resources, ranked by their latest dividends paid.
| Company | Dividends Paid | Sector |
|---|---|---|
| NextEra Energy (NEE) | $4.68B | Utilities |
| Duke Energy (DUK) | $3.30B | Utilities |
| Southern Company (SO) | $3.02B | Utilities |
| Dominion Energy (D) | $2.28B | Utilities |
| American Electric Power Company (AEP) | $2.01B | Utilities |
| Sempra (SRE) | $1.60B | Utilities |
| Constellation Energy (CEG) | $486.00M | Utilities |
| GE Vernova (GEV) | $275.00M | Utilities |
Frequently asked questions
Does New Jersey Resources pay dividends?
Yes, New Jersey Resources (NJR) pays quarterly dividends of approximately $1.88 per share annually, yielding 3.27%.
What is New Jersey Resources's dividend yield?
New Jersey Resources (NJR) has a current dividend yield of 3.27%.
Is New Jersey Resources's dividend safe?
New Jersey Resources (NJR) passes 5 out of 7 dividend safety checks. See the detailed breakdown above for each criterion.
How many consecutive years has New Jersey Resources increased its dividend?
New Jersey Resources (NJR) has 11 consecutive years of dividend increases.
What is New Jersey Resources's dividend payout ratio?
New Jersey Resources (NJR) has a dividend payout ratio of 55.6%. Trailing twelve months (GAAP): adjusted dividends over roughly 12 months aligned with the latest reported quarter, divided by the sum of diluted EPS from the last four fiscal quarters (not NII or taxable income for BDCs/REITs).
What is New Jersey Resources's dividends paid?
Latest reported dividends paid for New Jersey Resources (NJR) is $185.88M (period ending March 31, 2026).
How has New Jersey Resources dividends paid changed year-over-year?
New Jersey Resources (NJR) dividends paid changed +9.1% year-over-year on the latest annual filing.
What is the long-term growth rate of New Jersey Resources dividends paid?
New Jersey Resources (NJR) dividends paid compound annual growth rate is +8.9% over the most recent 5 years available.
When did New Jersey Resources dividends paid hit its highest annual value?
New Jersey Resources dividends paid reached its highest annual value of $180.07M in 2025.
What was New Jersey Resources dividends paid in 2024?
New Jersey Resources (NJR) dividends paid in 2024 was $165.06M.
What was New Jersey Resources dividends paid in 2025?
New Jersey Resources (NJR) dividends paid in 2025 was $180.07M.
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