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

MDU Resources Group, Inc. (NYSE:MDU) announced a quarterly dividend on Wednesday, May 13th. Investors 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 yield of 2.5%. The ex-dividend date of this dividend is Thursday, June 11th.

MDU Resources Group has decreased its dividend by an average of 0.1%annually over the last three years and has raised its dividend every year for the last 1 years. MDU Resources Group has a dividend 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 Stock Performance

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

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 the consensus estimate of $0.42 by ($0.03). MDU Resources Group had a net margin of 10.47% and a return on equity of 6.82%. The company had revenue of $605.98 million for the quarter, compared to analysts’ expectations of $688.34 million. During the same quarter in the previous year, the company posted $0.40 EPS. The business’s quarterly revenue was down 10.2% on a year-over-year basis. MDU Resources Group has set its FY 2026 guidance at 0.930-1.000 EPS. On average, sell-side analysts anticipate that MDU Resources Group will post 0.98 earnings per share for the current 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.