MDU Resources Group, Inc. (MDU) to Issue Quarterly Dividend of $0.14 on July 1st

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) dividend on an annualized basis and a dividend yield of 2.7%. The ex-dividend date is Thursday, June 11th.

MDU Resources Group has decreased its dividend by an average of 0.1%per year 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% indicating that its dividend is sufficiently covered by earnings. Equities 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 Down 1.1%

MDU Resources Group stock opened at $21.12 on Tuesday. The company has a debt-to-equity ratio of 0.82, a current ratio of 0.78 and a quick ratio of 0.75. The stock has a market capitalization of $4.32 billion, a price-to-earnings ratio of 22.96, a PEG ratio of 3.95 and a beta of 0.66. MDU Resources Group has a 1-year low of $15.76 and a 1-year high of $22.98. The business has a fifty day moving average price of $21.80 and a 200-day moving average price of $20.82.

MDU Resources Group (NYSE:MDU) last posted its quarterly earnings data 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 firm’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 business earned $0.40 EPS. MDU Resources Group has set its FY 2026 guidance at 0.930-1.000 EPS. Equities research analysts forecast 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.