MDU Resources Announces Quarterly Dividend on Common Stock

Rhea-AI Summary

MDU Resources (NYSE: MDU) declared a quarterly cash dividend of $0.14 per share, unchanged from the prior quarter. The board reaffirmed a long-term target dividend payout ratio of 60%–70% of earnings. The dividend is payable on April 1, 2026 to holders of record as of March 12, 2026.

MDU Resources serves more than 1.2 million utility customers and operates a >3,800-mile natural gas pipeline and storage network across the Pacific Northwest, Midwest and Northern Plains.

Positive

• Quarterly dividend maintained at $0.14 per share
• Clear payout policy targeting 60%–70% of earnings
• Definite payment dates: record date March 12, 2026; payable April 1, 2026

Negative

• Dividend unchanged QoQ, offering no immediate dividend growth
• Target payout ratio of 60%–70% returns most earnings to shareholders

BISMARCK, N.D., Feb. 19, 2026 /PRNewswire/ -- The board of directors of MDU Resources Group, Inc. (NYSE: MDU) today declared a quarterly dividend on the company's common stock of 14 cents per share, unchanged from the previous quarter. The board continues to target a long-term dividend payout ratio of 60% to 70% of earnings.

The dividend is payable on April 1, 2026 to stockholders of record as of March 12, 2026.

About MDU Resources Group, Inc.
MDU Resources Group Inc., a member of the S&P SmallCap 600 index, strives to deliver safe, reliable, affordable and environmentally responsible electric utility and natural gas distribution services to more than 1.2 million customers across the Pacific Northwest and Midwest. In addition to its utility operations, the company's pipeline business operates a more than 3,800-mile natural gas pipeline network and storage system, ensuring reliable energy delivery across the Northern Plains. With a legacy spanning over a century, MDU Resources remains focused on energizing lives for a better tomorrow. For more information about MDU Resources, visit www.mdu.com or contact the investor relations department at investor@mduresources.com.

Investor Contact: Brent Miller, treasurer, 701-530-1730
Media Contact: Byron Pfordte, director of integrated communications, 208-377-6050

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SOURCE MDU Resources Group, Inc.

FAQ

What dividend did MDU (NYSE:MDU) declare on February 19, 2026?

MDU declared a quarterly cash dividend of $0.14 per share. According to the company, this amount is unchanged from the previous quarter and will be paid to shareholders of record on March 12, 2026.

When is the MDU dividend payable and what is the record date for the April 2026 payment?

The dividend is payable on April 1, 2026 with a record date of March 12, 2026. According to the company, eligible shareholders on the record date will receive the April 1 distribution.

What dividend payout ratio does MDU target and what does it mean for shareholders?

MDU targets a long-term dividend payout ratio of 60%–70% of earnings. According to the company, this means a majority of earnings are expected to be returned to shareholders as dividends over time.

Does MDU’s February 2026 dividend announcement indicate a dividend increase?

No, the dividend was unchanged at $0.14 per share compared with the prior quarter. According to the company, the board maintained the existing quarterly distribution level.

How can investors receive the MDU dividend for the April 1, 2026 payment?

Investors must be shareholders of record by March 12, 2026 to receive the dividend payable April 1, 2026. According to the company, brokerage settlement and ownership by the record date determine eligibility.