DUK vs NJR: Which Is the Better Dividend Stock?
As of July 2026, NJR (New Jersey Resources Corporation) screens as the stronger dividend stock, winning 5 of 7 head-to-head metrics. DUK offers the higher yield at 3.47%, DUK has the higher dividend-safety score, and NJR trades at the larger discount to fair value (+9%).
| Metric | DUK | NJR |
|---|---|---|
| Forward yield | 3.47% | 3.24% |
| Annual dividend | $4.34 | $1.90 |
| Payout ratio | 65% | 56% |
| Years of growth | 21 yr | 30 yr |
| 5-yr dividend growth | 2.0% | 7.4% |
| 5-yr total return | 19% | 57% |
| Dividend safety score | 92 (A) | 92 (A) |
| Fair value estimate | $125.83 | $64.14 |
| Upside to fair value | +1% | +9% |
| Frequency | quarterly | quarterly |
| Market cap | $98.1B | $5.9B |
| P/E ratio | 19.2 | 17.4 |
Higher yield
DUK
3.47%
Safer dividend
DUK
Grade A
Faster growth
NJR
7.4%
Better value
NJR
+9% upside
DUK vs NJR — FAQ
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