MDU Resources Group, Inc. (NYSE:MDU) to Issue $0.14 Quarterly Dividend

MDU Resources Group, Inc. (NYSE:MDU) announced a quarterly dividend on Wednesday, May 13th. Stockholders of record on Thursday, June 11th will be given a dividend of 0.14 per share by the utilities provider on Wednesday, July 1st. This represents a c) annualized dividend and a dividend yield of 2.5%. The ex-dividend date is Thursday, June 11th.

MDU Resources Group has decreased its dividend payment by an average of 0.1%per year over the last three years and has increased its dividend annually for the last 1 consecutive years. MDU Resources Group has a payout ratio of 53.8% meaning its dividend is sufficiently covered by earnings. Research analysts expect MDU Resources Group to earn $1.05 per share next year, which means the company should continue to be able to cover its $0.56 annual dividend with an expected future payout ratio of 53.3%.

MDU Resources Group Price Performance

NYSE:MDU opened at $22.57 on Thursday. The company has a quick ratio of 0.75, a current ratio of 0.78 and a debt-to-equity ratio of 0.82. MDU Resources Group has a 52 week low of $15.76 and a 52 week high of $22.98. The stock’s 50-day moving average price is $21.43 and its 200-day moving average price is $20.64. The stock has a market capitalization of $4.62 billion, a PE ratio of 24.53, a price-to-earnings-growth ratio of 4.20 and a beta of 0.70.

MDU Resources Group (NYSE:MDU) last released its quarterly earnings results on Thursday, May 7th. The utilities provider reported $0.39 earnings per share for the quarter, missing analysts’ consensus estimates of $0.42 by ($0.03). The business had revenue of $605.98 million during the quarter, compared to analyst estimates of $688.34 million. MDU Resources Group had a return on equity of 6.82% and a net margin of 10.47%.The business’s revenue for the quarter was down 10.2% compared to the same quarter last year. During the same period in the previous year, the company posted $0.40 EPS. MDU Resources Group has set its FY 2026 guidance at 0.930-1.000 EPS. As a group, equities analysts expect that MDU Resources Group will post 0.98 EPS for the current fiscal year.

About MDU Resources Group

MDU Resources Group, Inc is a diversified energy and services holding company headquartered in Bismarck, North Dakota. The company operates through two primary segments: Utilities and Construction Services and Pipelines & Midstream. Serving a broad geographic footprint across the upper Midwest and Pacific Northwest, MDU provides essential energy distribution and infrastructure services to residential, commercial and industrial customers.

The Utilities segment delivers electric and natural gas distribution services in Montana, North Dakota, South Dakota, Minnesota, Kansas, Wisconsin, Michigan and Washington.