Middlesex Water Company Declares Quarterly Cash Dividend
Rhea-AI Summary
Middlesex Water Company (NASDAQ: MSEX) has announced its Board of Directors has declared a quarterly cash dividend of $0.34 per share on its common stock. The dividend will be payable on March 3, 2025, to shareholders of record as of February 18, 2025.
The company operates as a regulated and unregulated water and wastewater utility services provider, primarily serving New Jersey and Delaware through various subsidiary companies.
Positive
- Regular quarterly dividend maintained at $0.34 per share, demonstrating stable shareholder returns
- Continued commitment to returning value to shareholders through dividend payments
Negative
- None.
News Market Reaction
On the day this news was published, MSEX declined 1.53%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
ISELIN, N.J., Jan. 28, 2025 (GLOBE NEWSWIRE) -- Middlesex Water Company (NASDAQ: MSEX) announced today that its Board of Directors has declared a quarterly cash dividend of
Middlesex Water Company provides regulated and unregulated water and wastewater utility services primarily in New Jersey and Delaware through various subsidiary companies. Information about Middlesex Water Company, including information about its Investment Plan, is available on the Investors section of the Company’s website and its shareholder portal.
About Middlesex Water Company
Established in 1897, Middlesex Water Company serves as a trusted provider offering life sustaining high quality water service for residential, commercial, industrial and fire protection purposes. The company offers a full range of water, wastewater utility and related services. The company and its subsidiaries form the Middlesex Water family of companies, which collectively serve a population of half a million people in New Jersey and Delaware. Middlesex is focused on meeting the needs of our employees, customers, and shareholders. We invest in our people, our infrastructure, and the communities we serve to support reliable and resilient utility services, economic growth, and quality of life.
Media Contact:
Summer DeFEO, Director of Communications
sdefeo@middlesexwater.com
(732) 638-7510
Investor Relations Contact:
Jennifer Ketschke, Director, Treasury and Investor Relations
jketschke@middlesexwater.com
(732) 638-7523
FAQ
What is the amount of Middlesex Water's Q1 2025 dividend (MSEX)?
When is the payment date for MSEX's Q1 2025 dividend?
What is the record date for Middlesex Water's March 2025 dividend?
What regions does Middlesex Water Company (MSEX) serve?
What types of utility services does MSEX provide?
