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MDU Resources Declares Quarterly Dividend on Common Stock

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Neutral)
Tags
dividends

Rhea-AI Summary

On August 13, 2020, MDU Resources Group declared a quarterly dividend of 20.75 cents per share, consistent with the previous quarter. This dividend will be payable on October 1, 2020 to stockholders on record as of September 10, 2020. MDU is a member of the S&P MidCap 400 and S&P High-Yield Dividend Aristocrats indexes, focusing on regulated energy delivery and construction materials services. The company continues to demonstrate its commitment to providing returns to shareholders while maintaining its business operations.

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Positive

  • Quarterly dividend of 20.75 cents per share declared, maintaining consistency.
  • Dividend payment scheduled for October 1, 2020, providing reliable income for shareholders.
  • Listed in S&P MidCap 400 and High-Yield Dividend Aristocrats indexes, indicating strong market position.

Negative

  • None.

News Market Reaction – MDU

-1.07%
1 alert
-1.07% News Effect

On the day this news was published, MDU declined 1.07%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

BISMARCK, N.D., Aug. 13, 2020 /PRNewswire/ -- The board of directors of MDU Resources Group, Inc. (NYSE: MDU) today declared a quarterly dividend on the company's common stock of 20.75 cents per share, unchanged from the previous quarter.

The dividend is payable Oct. 1, 2020, to stockholders of record Sept. 10, 2020.

About MDU Resources
MDU Resources Group, Inc., a member of the S&P MidCap 400 index and the S&P High-Yield Dividend Aristocrats index, is Building a Strong America® by providing essential products and services through its regulated energy delivery and construction materials and services businesses. For more information about MDU Resources, see the company's website at www.mdu.com or contact the Investor Relations Department at investor@mduresources.com.

Financial Contact: Jason Vollmer, vice president, chief financial officer and treasurer, 701-530-1755
Media Contact: Laura Lueder, manager of communications and public relations, 701-530-1095

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/mdu-resources-declares-quarterly-dividend-on-common-stock-301112211.html

SOURCE MDU Resources Group, Inc.

FAQ

What is the dividend amount declared by MDU Resources?

MDU Resources declared a quarterly dividend of 20.75 cents per share.

When will the MDU dividend be paid?

The MDU dividend will be paid on October 1, 2020.

What is the record date for the MDU dividend?

The record date for the MDU dividend is September 10, 2020.

Is MDU Resources a dividend aristocrat?

Yes, MDU Resources is a member of the S&P High-Yield Dividend Aristocrats index.
Mdu Resources

NYSE:MDU

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MDU Stock Data

4.27B
202.37M
Utilities - Regulated Gas
Mining & Quarrying of Nonmetallic Minerals (no Fuels)
Link
United States
BISMARCK