MDU Resources Group, Inc. engages in the regulated energy delivery, and construction materials and services businesses in the United States. The company's Electric segment generates, transmits, and distributes electricity for residential, commercial, industrial, and municipal customers in Montana, North Dakota, South Dakota, and Wyoming, as well as operates 3,500 miles of transmission lines and 4,800 miles of distribution lines. Its Natural Gas Distribution segment distributes natural gas for residential, commercial, and industrial customers in Idaho, Minnesota, Montana, North Dakota, Oregon, South Dakota, Washington, and Wyoming; and offers supply-related value-added services. The company's Pipeline segment provides natural gas transportation and underground storage services through a regulated pipeline system primarily in the Rocky Mountain and northern Great Plains regions; and cathodic protection and other energy-related services. Its Construction Materials and Contracting segment mines, processes, and sells construction aggregates; produces and sells asphalt mix; and supplies ready-mixed concrete. This segment is also involved in the sale of cement, finished concrete products, and other building materials and related contracting services. The company's Construction Services segment designs, constructs, and maintains electrical and communication wiring and infrastructure, fire suppression systems, mechanical piping and services; overhead and underground electrical, gas, and communication infrastructure; and manufactures and distributes transmission lines construction equipment. It serves manufacturing, commercial, industrial, transportation, institutional, and renewable and government customers, as well as utilities. The company was founded in 1924 and is headquartered in Bismarck, North Dakota.
MDU Resources Dividend Announcement
• MDU Resources announced a quarterly dividend of $0.23 per ordinary share which will be made payable on 2024-10-01. Ex dividend date: 2024-09-12
• MDU Resources annual dividend for 2024 was $0.48
• MDU Resources annual dividend for 2023 was $0.70
• MDU Resources's trailing twelve-month (TTM) dividend yield is 4.12%
• MDU Resources's payout ratio for the trailing twelve months (TTM) is 30.02%
• MDU Resources's dividend growth over the last five years (2018-2023) was -2.64% year
• MDU Resources's dividend growth over the last ten years (2013-2023) was 0.01% year
MDU Resources Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-12 | $0.23 | quarterly | 2024-10-01 |
2024-06-13 | $0.12 | quarterly | 2024-07-01 |
2024-03-13 | $0.12 | quarterly | 2024-04-01 |
2023-12-13 | $0.12 | quarterly | 2024-01-01 |
2023-09-13 | $0.12 | quarterly | 2023-10-01 |
2023-06-12 | $0.22 | quarterly | 2023-07-01 |
2023-03-08 | $0.22 | quarterly | 2023-04-01 |
2022-12-07 | $0.22 | quarterly | 2023-01-01 |
2022-09-07 | $0.22 | quarterly | 2022-10-01 |
2022-06-08 | $0.22 | quarterly | 2022-07-01 |
2022-03-09 | $0.22 | quarterly | 2022-04-01 |
2021-12-08 | $0.22 | quarterly | 2022-01-01 |
2021-09-08 | $0.21 | quarterly | 2021-10-01 |
2021-06-09 | $0.21 | quarterly | 2021-07-01 |
2021-03-10 | $0.21 | quarterly | 2021-04-01 |
2020-12-09 | $0.21 | quarterly | 2021-01-01 |
2020-09-09 | $0.21 | quarterly | 2020-10-01 |
2020-06-10 | $0.21 | quarterly | 2020-07-01 |
2020-03-11 | $0.21 | quarterly | 2020-04-01 |
2019-12-11 | $0.21 | quarterly | 2020-01-01 |
2019-09-11 | $0.20 | quarterly | 2019-10-01 |
2019-06-12 | $0.20 | quarterly | 2019-07-01 |
2019-03-13 | $0.20 | quarterly | 2019-04-01 |
2018-12-12 | $0.20 | quarterly | 2019-01-01 |
2018-09-12 | $0.20 | quarterly | 2018-10-01 |
2018-06-13 | $0.20 | quarterly | 2018-07-01 |
2018-03-07 | $0.20 | quarterly | 2018-04-01 |
2017-12-13 | $0.20 | quarterly | 2018-01-01 |
2017-09-13 | $0.19 | quarterly | 2017-10-01 |
2017-06-06 | $0.19 | quarterly | 2017-07-01 |
2017-03-07 | $0.19 | quarterly | 2017-04-01 |
2016-12-06 | $0.19 | quarterly | 2017-01-01 |
2016-09-06 | $0.19 | quarterly | 2016-10-01 |
2016-06-07 | $0.19 | quarterly | 2016-07-01 |
2016-03-08 | $0.19 | quarterly | 2016-04-01 |
2015-12-08 | $0.19 | quarterly | 2016-01-01 |
2015-09-08 | $0.18 | quarterly | 2015-10-01 |
2015-06-09 | $0.18 | quarterly | 2015-07-01 |
2015-03-10 | $0.18 | quarterly | 2015-04-01 |
2014-12-09 | $0.18 | quarterly | 2015-01-01 |
2014-09-09 | $0.18 | quarterly | 2014-10-01 |
2014-06-10 | $0.18 | quarterly | 2014-07-01 |
2014-03-11 | $0.18 | quarterly | 2014-04-01 |
2013-12-10 | $0.18 | quarterly | 2014-01-01 |
2013-09-10 | $0.17 | quarterly | 2013-10-01 |
2013-06-11 | $0.17 | quarterly | 2013-07-01 |
2013-03-12 | $0.17 | quarterly | 2013-04-01 |
MDU Resources Dividend per year
MDU Resources Dividend growth
MDU Resources Dividend Yield
MDU Resources current trailing twelve-month (TTM) dividend yield is 4.12%. Interested in purchasing MDU Resources stock? Use our calculator to estimate your expected dividend yield:
MDU Resources Financial Ratios
MDU Resources Dividend FAQ
Other factors to consider when evaluating MDU Resources as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Place an order: Use the brokerage's trading platform to place an order to buy MDU Resources stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
1. Determination of Dividend: MDU Resources's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, MDU Resources publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, MDU Resources distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from MDU Resources are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: MDU Resources sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, MDU Resources distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: MDU Resources declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of MDU Resources's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review MDU Resources's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.