MDU Resources Group, Inc. (MDU) To Go Ex-Dividend on June 11th

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) annualized dividend and a dividend yield of 2.5%. The ex-dividend date of this dividend is Thursday, June 11th.

MDU Resources Group has decreased its dividend payment by an average of 0.1%annually over the last three years and has raised its dividend annually for the last 1 consecutive years. MDU Resources Group has a payout ratio of 53.8% indicating that 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 Trading Down 0.3%

MDU stock opened at $22.55 on Friday. The company has a current ratio of 0.78, a quick ratio of 0.75 and a debt-to-equity ratio of 0.82. The firm has a market cap of $4.62 billion, a P/E ratio of 24.51, a P/E/G ratio of 4.17 and a beta of 0.70. MDU Resources Group has a 1-year low of $15.76 and a 1-year high of $22.98. The business’s 50 day moving average is $21.47 and its 200-day moving average is $20.66.

MDU Resources Group (NYSE:MDU) last issued its quarterly earnings data 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). The firm had revenue of $605.98 million for the quarter, compared to the consensus estimate of $688.34 million. MDU Resources Group had a return on equity of 6.82% and a net margin of 10.47%.MDU Resources Group’s quarterly revenue was down 10.2% compared to the same quarter last year. During the same period in the prior year, the company posted $0.40 earnings per share. MDU Resources Group has set its FY 2026 guidance at 0.930-1.000 EPS. Equities analysts anticipate that MDU Resources Group will post 0.98 earnings per share for the current fiscal year.

MDU Resources Group Company Profile

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.