MDU Resources Group, Inc. (NYSE:MDU) Stock to Pay Quarterly Dividend of $0.14

MDU Resources Group, Inc. (NYSE:MDU) declared a quarterly dividend on Thursday, November 12th. Stockholders of record on Thursday, December 10th will be given a dividend of $0.1450 per share by the utilities provider on Friday, January 1st. This represents a $0.58 annualized dividend and a dividend yield of 3.0%. The ex-dividend date is Thursday, December 10th.

MDU Resources Group has decreased its dividend by an average of 0.1% annually over the last three years and has increased its dividend annually for the last 1 consecutive years. MDU Resources Group has a dividend payout ratio of 55.8% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect MDU Resources Group to earn $1.06 per share next year, which means the company should continue to be able to cover its $0.58 annual dividend with an expected future payout ratio of 54.7%.

MDU Resources Group Stock Performance

MDU opened at $19.55 on Friday. The company has a debt-to-equity ratio of 0.87, a current ratio of 0.88 and a quick ratio of 0.95. The firm has a fifty day moving average price of $19.03 and a 200 day moving average price of $20.52. MDU Resources Group has a 1 year low of $18.14 and a 1 year high of $22.98. The stock has a market cap of $4.17 billion, a P/E ratio of 21.03, a P/E/G ratio of 3.59 and a beta of 0.66.

MDU Resources Group (NYSE:MDU) last announced its quarterly earnings results on Thursday, November 5th. The utilities provider reported $0.08 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.10 by ($0.02). MDU Resources Group had a return on equity of 6.68% and a net margin of 10.33%. The firm had revenue of $347.75 million for the quarter, compared to analysts’ expectations of $346.63 million. During the same period last year, the company posted $0.09 earnings per share. The business’s quarterly revenue was up 10.4% on a year-over-year basis. MDU Resources Group has set its FY 2026 guidance at 0.930-1.000 EPS. Equities research analysts anticipate that MDU Resources Group will post 0.98 earnings per share for the current year.

About MDU Resources Group

MDU Resources Group is an energy delivery company that provides regulated electric and natural gas service and operates natural gas transmission infrastructure. Its utility businesses serve residential, commercial, industrial and other customers across parts of the northwestern and north-central United States. The company’s service area includes Montana, North Dakota, South Dakota, Wyoming, Idaho, Oregon, Washington and Minnesota. Its natural gas pipeline operations transport and store gas, supporting the delivery of energy to customers and communities.