MDU Resources Declares Quarterly Dividend on Common Stock

MDU Resources Group has declared a quarterly dividend of 22.25 cents per share on its common stock, consistent with the previous quarter.

Rhea-AI Impact

(Low)

Rhea-AI Sentiment

(Neutral)How Sentiment works

Sentiment and the balance of points

Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

How Sentiment works How the balance works

Rhea-AI Summary

MDU Resources Group has declared a quarterly dividend of 22.25 cents per share on its common stock, consistent with the previous quarter. This dividend will be payable on April 1 to stockholders of record as of March 9, 2023. MDU Resources operates in regulated energy delivery and construction materials and services, and is included in both the S&P MidCap 400 and S&P High-Yield Dividend Aristocrats indices.

Positive

Quarterly dividend of 22.25 cents per share, unchanged from previous quarter.
Dividend payment indicates stability and confidence in financial health.

Negative

None.

Argus Session date unavailable

-0.10% session move Open Argus

Details

News Market Reaction – MDU

The recorded move for MDU in the trading session of this news was -0.10%.

Data tracked by StockTitan Argus. Session date unavailable.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google

02/16/2023 - 10:25 AM EST

BISMARCK, N.D., Feb. 16, 2023 /PRNewswire/ -- MDU Resources Group, Inc.'s (NYSE: MDU) board of directors today declared a quarterly dividend on the company's common stock of 22.25 cents per share, unchanged from the previous quarter.

The dividend is payable April 1 to stockholders of record March 9.

About MDU Resources

MDU Resources Group, Inc., a member of the S&P MidCap 400 and the S&P High-Yield Dividend Aristocrats indices, 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, visit www.mdu.com or contact the Investor Relations Department at investor@mduresources.com.

Financial Contact: Brent Miller, director of financial projects and investor relations, 701-530-1730
Media Contact: Laura Lueder, manager of communications and public relations, 701-530-1095

View original content to download multimedia:https://www.prnewswire.com/news-releases/mdu-resources-declares-quarterly-dividend-on-common-stock-301748991.html

SOURCE MDU Resources Group, Inc.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What is the quarterly dividend amount declared by MDU Resources?

MDU Resources declared a quarterly dividend of 22.25 cents per share.

When will the dividend for MDU Resources be paid?

The dividend will be payable on April 1, 2023.

What is the record date for MDU Resources' dividend?

The record date for the dividend is March 9, 2023.

Why is MDU Resources included in the S&P High-Yield Dividend Aristocrats?

MDU Resources is included due to its consistent dividend payments and strong financial performance.

Is MDU Resources' dividend sustainable?

The consistent dividend payment suggests a level of sustainability; however, investors should consider overall financial health.

MDU Resources Declares Quarterly Dividend on Common Stock