Middlesex Water Company Increases Common Dividend by 5.88%
Rhea-AI Summary
Middlesex Water Company (NASDAQ: MSEX) announced a quarterly cash dividend of $0.36 per share, a 5.88% increase from the prior $0.34 dividend. The increase raises the annual dividend to $1.44 from $1.36 and marks the company's 53rd consecutive year of dividend increases.
The dividend is payable December 1, 2025 to shareholders of record as of November 17, 2025. The company has paid cash dividends since 1912.
Positive
- Quarterly dividend raised to $0.36 per share
- Dividend increase of 5.88% versus prior quarter
- Annual dividend raised to $1.44 per share
- Marks 53rd consecutive year of dividend increases
- Dividend payable Dec 1, 2025; record date Nov 17, 2025
Negative
- None.
News Market Reaction 1 Alert
On the day this news was published, MSEX gained 2.65%, reflecting a moderate positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
53-Years of Consecutive Dividend Increases
ISELIN, N.J., Oct. 24, 2025 (GLOBE NEWSWIRE) -- Middlesex Water Company (NASDAQ: MSEX) announced today that its Board of Directors has declared a quarterly cash dividend of
About Middlesex Water Company
Middlesex Water Company (“Middlesex”) is one of the nation’s premier investor-owned water and wastewater utilities. Established in 1897, Middlesex is a trusted provider of life-sustaining services to more than half a million people in New Jersey and Delaware. The company focuses on employee engagement, operational excellence, superior customer experience, investment in infrastructure, and selective and sustainable growth to deliver value to our customers, investors, and the communities we serve.
Media Contact:
Brian Hague
Vice President, Communications and Corporate Affairs
(732) 638-7584
bhague@middlesexwater.com
Investor Contact:
Jennifer Ketschke
Director, Treasury and Investor Relations
(732) 638-7523
jketschke@middlesexwater.com