New Jersey Resources is an energy services holding company. Through its subsidiaries, Co. operates within four reporting segments: Natural Gas Distribution, which consists of regulated natural gas services, off-system sales, capacity and storage management operations; Clean Energy Ventures, which consists of capital investments in clean energy projects; Energy Services, which consists of unregulated wholesale and retail energy operations, as well as energy management services; and Storage and Transportation, which consists of operations and investments in the natural gas storage and transportation market, such as natural gas storage and transportation facilities. The NJR stock yearly return is shown above.
The yearly return on the NJR stock yearly return page and across the coverage universe of our site,
is a measure of the annual return over the calendar year 2023 for the given stock.
When performing this calculation it is important to factor in dividends, because a financial instrument's annual return is
more than just the change in price if that instrument pays a dividend or coupon.
One way to factor dividends into the return is simply to count them as cash — we don't do
that here. Instead, our website aims to empower investors
by performing the NJR annual return calculation with any dividends reinvested as applicable (on ex-dates).
|