NJR News and Press, NewJersey Resources Corporation From 10/02/19

Utilities are the classic defensive stock because as a regulated public good they operate within strict parameters for profit, return on investment, and dividends. Besides, the reasoning is that people need light and heat even in a recession. They can cut back on discretionary spending, but ga...

Those of you who follow this series of articles know that I track the dividend increases of a variety of long-term dividend growth companies. Back at the end of August, I provided predictions for 6 dividend growth companies that have historically announced annual payout increases in September....

Below are the five companies in the Gas Utilities industry with the highest return on equity. The ROE is a general indication of the company's efficiency; investors usually look for companies with ROEs that are high and are growing. National Fuel Gas Co. ranks highest with ROE of 2,217.0%. Fo...

Introduction The Dividend Champions list is a monthly compilation of companies which have consistently increased their annual dividend payouts, and the latest edition may be found here . However, since this list is only produced once per month, the data in it can quickly get out of date. Fu...

Below are the five companies in the Gas Utilities industry with the highest forward earnings yields. Using projected earnings for the current fiscal year, the forward earnings yield is useful to compare a stock's return vs. owning a similar stock or other yield assets (e.g. bonds). Generally, ...

Monitoring dividend increases for stocks on my watch is one way to identify candidates for further analysis. Companies that regularly increase dividends show confidence in the potential growth of future earnings. I look for dividend increase announcements for stocks in the CCC List , but I ...

Following New Jersey Resources’ (NYSE: NJR) previously announced succession plan, the board formally appointed Steve Westhoven as President and Chief Executive Officer (CEO) of NJR and its principal subsidiaries, including New Jersey Natural Gas, effective October 1, 2019. Laurence M. ...

Introduction The Dividend Champions list is a monthly compilation of companies which have consistently increased their annual dividend payouts, and the latest edition may be found here . However, since this list is only produced once per month, the data in it can quickly get out of date. Fu...

A U.S. Court of Appeals bars PennEast Pipeline from using a federal law to seize properties controlled by New Jersey in order to build a proposed $1B natural gas pipeline from Pennsylvania to the state. More news on: New Jersey Resources Corporation, South Jersey Industries, Inc., The S...

Today, the board of directors of New Jersey Resources (NYSE: NJR) unanimously approved a 6.8 percent increase in the quarterly dividend rate to $.3125 per share from $.2925 per share. The new quarterly rate will be effective with the dividend payable October 1, 2019 to shareowners of record o...