NewJersey Resources Dividends
| NJR Stock | USD 46.51 0.48 1.04% |
As of 12/22/2024, Dividends Paid is likely to grow to about 173.3 M. Also, Dividend Yield is likely to grow to 0.04. NewJersey Resources' past performance could be the main factor of why investors trade NewJersey Resources stock today. Investors should clearly understand every aspect of the NewJersey Resources dividend schedule, including its future sustainability, and how it might impact an overall investment strategy. This tool is helpful to digest NewJersey Resources' dividend schedule and payout information. NewJersey Resources dividends can also provide a clue to the current valuation of NewJersey Resources.
Number Of Dividends | Years Issued 39 | Previous Year 4 Times | Current Year 4 Times | Year Average 3.95 | Volatility 0.51 |
| Last Reported | Projected for Next Year | ||
| Dividends Paid | 165.1 M | 173.3 M | |
| Dividend Yield | 0.04 | 0.04 | |
| Dividend Payout Ratio | 0.57 | 0.69 | |
| Dividend Paid And Capex Coverage Ratio | 2.59 | 2.72 |
NewJersey |
Investing in dividend-paying stocks, such as NewJersey Resources is one of the few strategies that are good for long-term investment. Ex-dividend dates are significant because investors in NewJersey Resources must own a stock before its ex-dividend date to receive its next dividend.
NewJersey Resources Dividends Paid Over Time
Today, most investors in NewJersey Resources Stock are looking for potential investment opportunities by analyzing not only static indicators but also various NewJersey Resources' growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's dividends paid growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of NewJersey Resources dividends paid as a starting point in their analysis.
The total amount of dividends that a company has paid out to its shareholders over a specific period. Dividends Paid |
| Timeline |
NewJersey Resources Historical Dividend Yield Growth
A solid dividend growth pattern of NewJersey Resources could indicate future dividend growth is likely, which can signal long-term profitability for NewJersey Resources. When investors calculate the dividend yield growth rate, they can use any interval of time they wish. They may also calculate the dividend yield growth rate using the least-squares method or simply take an annualized figure over a given time period. Dividend Yield is NewJersey Resources dividend as a percentage of NewJersey Resources stock price. NewJersey Resources dividend yield is a measure of NewJersey Resources stock productivity, which can be interpreted as interest rate earned on an NewJersey Resources investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share. Dividend Yield |
| Timeline |
Recent NewJersey Resources Dividends Paid (per share)
Dividends Paid |
| Timeline |
NewJersey Resources Expected Dividend Income Per Share
Dividend payment represents part of NewJersey Resources' profit that is distributed to its stockholders. It is considered income for that tax year rather than a capital gain. In other words, a dividend is a prize given to shareholders for investing in NewJersey Resources. NewJersey Resources' board of directors can pay out dividends at a planned frequency, such as monthly or quarterly.
$1.06 Bottom Scenario | $1.09 | $1.12 Top Scenario |
One Year
NewJersey Resources expected dividend income per share adjusted for ongoing price standard deviation
NewJersey Resources Past Distributions to stockholders
| 1st of October 2024 | ||
| 1st of July 2024 | ||
| 1st of April 2024 | ||
| 2nd of January 2024 | ||
| 2nd of October 2023 | ||
| 3rd of July 2023 | ||
| 3rd of April 2023 | ||
| 3rd of January 2023 |
Is Gas Utilities space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of NewJersey Resources. If investors know NewJersey will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about NewJersey Resources listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.88) | Earnings Share 2.92 | Revenue Per Share 17.639 | Quarterly Revenue Growth 0.23 | Return On Assets 0.0359 |
The market value of NewJersey Resources is measured differently than its book value, which is the value of NewJersey that is recorded on the company's balance sheet. Investors also form their own opinion of NewJersey Resources' value that differs from its market value or its book value, called intrinsic value, which is NewJersey Resources' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because NewJersey Resources' market value can be influenced by many factors that don't directly affect NewJersey Resources' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between NewJersey Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine if NewJersey Resources is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NewJersey Resources' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.