Quantcast
Are you getting the best rate from your broker?
Compare your broker's rates now to find out if you can save money

Choose your broker below
Welcome to Dividend.com. Please help us personalize your experience.

Select the one that best describes you
Dividend logo

Investors may not be familiar with New Jersey Resources (NJR ), but it deserves consideration among the wide range of energy-sector stocks. Unlike many of its competitors in the energy sector, which have had to cut or suspend dividends altogether to preserve cash in this difficult environment, New Jersey Resources is outperforming its peer group. As of its March 23 closing price, the stock has returned 20% over the past one year, not including dividends. That is significant outperformance above both its own sector and the broader market as a whole, which is a very impressive performance for an energy company.

The reason for its outperformance is that New Jersey Resources operates a unique business model and balanced operations. This provides the company with relatively stable earnings, even during a time of collapsing commodity prices. New Jersey Resources pays an above-average dividend yield and continues to raise its dividend. This makes it a compelling dividend stock for income investors.

To read the Full Story, Go Premium or Log In

Popular Articles

News

Brown & Brown, Inc. Increases Dividend by 11%

Each day, companies across the globe announce upcoming dividend payouts. In our Dividend Payout...

News

CVS Health Corp Leads 45 Stocks Going Ex-Dividend This Week

There are 45 stocks going ex-dividend this week starting Monday, Oct 23. For income investors...

Premium Shutterstock 331223762
News

The Market Glance for October 23: Tech Boom Continues

As the tech sector continues to grow at an astounding rate and surged past its dotcom-era peak,...