NEW YORK (
) -- The ex-dividend date for
) is tomorrow, December 13, 2011. Owners of shares as of market close today will be eligible for a dividend of 38 cents per share. At a price of $47.02 as of 9:30 a.m. ET, the dividend yield is 3.3%.
The average volume for New Jersey has been 215,400 shares per day over the past 30 days. New Jersey has a market cap of $1.91 billion and is part of the
industry. Shares are up 10.4% year to date as of the close of trading on Friday.
New Jersey Resources Corporation, an energy services holding company, provides retail and wholesale energy services. The company has a P/E ratio of 18, below the average utilities industry P/E ratio of 18.9 and above the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates New Jersey as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations, largely solid financial position with reasonable debt levels by most measures and solid stock price performance. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full