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Middlesex Water (MSEX) Dividend Yield, Date & History

Middlesex Water logo
$54.77 -0.07 (-0.13%)
(As of 12/20/2024 05:16 PM ET)

Middlesex Water Dividend Summary

Dividend Yield
2.48%
Annual Dividend
$1.36
Recent
Dividend Payment
Dec. 2
Dividend Increase
Track Record
52 Years
Annualized 3-Year
Dividend Growth
6.63%
Dividend Payout Ratio
59.13%

Middlesex Water (MSEX) pays an annual dividend of $1.36 per share, with a dividend yield of 2.48%. The next quarterly payment of $0.34 per share was paid on Monday, December 2, to investors who owned the stock before the ex-dividend date of Friday, November 15. MSEX has grown its dividend for 52 consecutive years, with an average annual increase of 2.16%. The company currently pays out 59.13% of its earnings and 43.08% of its cash flow as dividends.

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MSEX Dividend Payments by Quarter

The chart below displays up to four years of Middlesex Water's dividend payment history by quarter. The blue bars represent historical dividend payments, while the gray bars indicate future payments.

MSEX Dividend Yield Over Time

The chart below tracks Middlesex Water's dividend yield over the past four years. The line represents changes in yield by quarter, providing a clear view of trends over time.

Middlesex Water vs. The Competition

Compare Middlesex Water's annual dividend, yield, and 3-year growth rate with averages for Utilities and NASDAQ companies to evaluate its performance against the market.

TypeMiddlesex WaterUtilities CompaniesNASDAQ Companies
Annual Dividend$1.36$0.04$1.31
Dividend Yield2.48%4.12%4.23%
Annualized 3-Year Dividend Growth6.63%1.19%14.22%
Track Record52 years28 years19 years

Middlesex Water Dividend Payout Ratio

Dividend payout ratios express the dividend as a percentage of another metric, such as earnings or cash flow, and can be used to assess dividend sustainability.

TypePayout Ratio
Based on Trailing 12 Months of Earnings59.13%
Based on This Year's Estimate58.12%
Based on Next Year's Estimate56.20%
Based on Cashflow43.08%

Middlesex Water Dividend History by Quarter

AnnouncedPeriodPaymentPayment ChangeYieldEx-Dividend DateRecord DatePayable Date
10/24/2024Quarterly$0.34+$0.0150
4.62%
2.15%11/15/202411/15/202412/2/2024
7/23/2024Quarterly$0.3250 - 1.99%8/15/20248/15/20249/3/2024
4/25/2024Quarterly$0.3250 - 2.64%5/14/20245/15/20246/3/2024
1/29/2024Quarterly$0.3250 - 2.29%2/14/20242/15/20243/1/2024
10/17/2023Quarterly$0.3250+$0.0120
3.83%
2.01%11/15/202311/16/202312/1/2023
7/21/2023Quarterly$0.3130 - 1.5%8/10/20238/11/20239/1/2023
4/28/2023Quarterly$0.3130 - 1.72%5/11/20235/12/20236/1/2023
2/3/2023Quarterly$0.3130 - 1.39%2/13/20232/14/20233/1/2023

This table shows Middlesex Water's quarterlydividend history, including payout amounts, yield, dividend changes, and key dates. Use the date filter to explore data as far back as 2013 to analyze trends over time.

Middlesex Water Dividend - Frequently Asked Questions

The current dividend yield for Middlesex Water is 2.48%. Learn more on MSEX's dividend yield history.

The annual dividend for MSEX shares is $1.36. Learn more on MSEX's annual dividend history.

Middlesex Water pays quarterly dividends to shareholders.

Middlesex Water's most recent quarterly dividend payment of $0.34 per share was made to shareholders on Monday, December 2, 2024.

Middlesex Water's most recent ex-dividend date was Friday, November 15, 2024.

Over the past three years, the company's dividend has grown by an average of 6.63% per year.

Middlesex Water has increased its dividend for the past 52 consecutive years.

The most recent change in the company's dividend was an increase of $0.0150 on Thursday, October 24, 2024.

The dividend payout ratio for MSEX is:
  • 59.13% based on the trailing year of earnings
  • 58.12% based on this year's estimates
  • 56.20% based on next year's estimates
  • 43.08% based on cash flow

Middlesex Water's dividend yield of 2.45% is lower than the average Utilities company that issues a dividend. The company's 52 consecutive years of dividend growth indicate that the company has a strong committment to maintain and grow its dividend. Middlesex Water's dividend payout ratio of 59.13% is at a healthy, sustainable level, below 75% of its earnings.

Looking at the stock as a whole, market analysts rate Middlesex Water stock as a Reduce, forecasting potential downside risks or overvaluation, signaling caution for investors.


This page (NASDAQ:MSEX) was last updated on 12/22/2024 by MarketBeat.com Staff
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