MDU Resources Announces Increased Quarterly Dividend
MDU Resources Group, Inc. (NYSE: MDU) has increased its quarterly dividend to 13 cents per share, representing a 4% increase from the previous 12.5 cents. This results in an annualized dividend of 52 cents per share. The board aims for a long-term dividend payout ratio of 60% to 70% of regulated energy delivery earnings. The dividend is payable on October 1, 2024, to stockholders of record as of September 12, 2024. MDU Resources has maintained uninterrupted dividends for 86 years. The company is transitioning to a pure-play regulated energy delivery business, and the revised dividend aligns with this strategic goal while demonstrating commitment to stockholder returns.
MDU Resources Group, Inc. (NYSE: MDU) ha incrementato il suo dividendo trimestrale a 13 centesimi per azione, rappresentando un aumento del 4% rispetto ai precedenti 12,5 centesimi. Questo porta a un dividendo annualizzato di 52 centesimi per azione. Il consiglio mira a un rapporto di distribuzione dei dividendi a lungo termine del 60% al 70% degli utili dalla consegna di energia regolamentata. Il dividendo è esigibile il 1 ottobre 2024, per gli azionisti registrati al 12 settembre 2024. MDU Resources ha mantenuto dividendi ininterrotti per 86 anni. L'azienda sta passando a un business esclusivamente regolato per la consegna di energia, e il dividendo rivisto è in linea con questo obiettivo strategico, dimostrando al contempo impegno nei confronti dei rendimenti degli azionisti.
MDU Resources Group, Inc. (NYSE: MDU) ha aumentado su dividendo trimestral a 13 centavos por acción, lo que representa un aumento del 4% respecto a los anteriores 12.5 centavos. Esto da como resultado un dividendo anualizado de 52 centavos por acción. La junta tiene como objetivo un índice de distribución de dividendos a largo plazo del 60% al 70% de las ganancias de entrega de energía regulada. El dividendo es pagadero el 1 de octubre de 2024, a los accionistas registrados al 12 de septiembre de 2024. MDU Resources ha mantenido dividendos ininterrumpidos durante 86 años. La empresa está en proceso de transición a un negocio de entrega de energía regulada de pura aplicación, y el dividendo revisado se alinea con este objetivo estratégico mientras demuestra compromiso con los retornos de los accionistas.
MDU 리소스 그룹 주식회사(NYSE: MDU)가 분기 배당금을 주당 13센트로 증가시켰습니다, 이는 이전의 12.5센트 대비 4% 증가한 것입니다. 이로써 주당 연간 배당금은 52센트가 됩니다. 이사회는 규제된 에너지 공급 이익의 60%에서 70%의 장기 배당금 지급 비율을 목표로 하고 있습니다. 배당금은 2024년 10월 1일에 지급됩니다, 2024년 9월 12일 기준 주주에게 지급됩니다. MDU 리소스는 86년 동안 중단되지 않은 배당금을 유지해왔습니다. 이 회사는 순수한 규제 에너지 공급 사업으로 전환하고 있으며, 수정된 배당금은 이 전략적 목표와 일치하며 주주 수익에 대한 약속을 보여줍니다.
MDU Resources Group, Inc. (NYSE: MDU) a augmenté son dividende trimestriel à 13 cents par action, représentant une augmentation de 4% par rapport aux précédents 12,5 cents. Cela se traduit par un dividende annualisé de 52 cents par action. Le conseil vise un ratio de distribution de dividendes à long terme de 60% à 70% des bénéfices issus de la livraison d'énergie régulée. Le dividende est payable le 1er octobre 2024, aux actionnaires inscrits au 12 septembre 2024. MDU Resources a maintenu des dividendes ininterrompus depuis 86 ans. L'entreprise est en transition vers un modèle de livraison d'énergie régulée et le dividende révisé s'aligne sur cet objectif stratégique tout en montrant son engagement envers les retours pour les actionnaires.
MDU Resources Group, Inc. (NYSE: MDU) hat seine vierteljährliche Dividende auf 13 Cent pro Aktie erhöht, was eine 4%ige Steigerung gegenüber den vorherigen 12,5 Cent darstellt. Dies führt zu einer annualisierten Dividende von 52 Cent pro Aktie. Der Vorstand strebt ein langfristiges Ausschüttungsverhältnis von 60% bis 70% des regulierten Energiebelieferungsgewinns an. Die Dividende ist fällig am 1. Oktober 2024 und wird an die zum 12. September 2024 eingetragenen Aktionäre ausgezahlt. MDU Resources hat 86 Jahre lang ununterbrochene Dividenden gezahlt. Das Unternehmen wechselt zu einem reinen Geschäftsfeld für regulierte Energiebelieferung, und die überarbeitete Dividende steht im Einklang mit diesem strategischen Ziel und zeigt das Engagement für die Renditen der Aktionäre.
- Increased quarterly dividend by 4% to 13 cents per share
- Annualized dividend of 52 cents per share
- Uninterrupted dividend payments for 86 years
- Transitioning to a pure-play regulated energy delivery business
- None.
"MDU Resources remains committed to the transition to a pure-play regulated energy delivery business, and the board supports this evolution with a dividend policy that aligns with our strategic goals," said Dennis W. Johnson, chair of the board. "We have paid uninterrupted dividends for 86 years, and our revised dividend reflects both our disciplined investment strategy and our dedication to stockholder returns."
The dividend is payable Oct. 1, 2024 to stockholders of record Sept. 12, 2024.
Forward-Looking Statements
Information in this release includes certain forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934. The forward-looking statements in this release, including information about the planned transition to a pure-play regulated energy delivery company, and statements by MDU Resources' chair, are expressed in good faith and are believed by the company to have a reasonable basis. Nonetheless, actual results may differ materially from the projected results expressed in the forward-looking statements. For a discussion of important factors that could cause actual results to differ materially, refer to Item 1A — Risk Factors in MDU Resources' most recent Form 10-K and Form 10-Q and subsequent filings with the SEC.
About MDU Resources
MDU Resources Group, Inc., a member of the S&P MidCap 400 index, provides essential products and services through its regulated energy delivery and construction services businesses. Founded in 1924, the company is celebrating its 100th anniversary; learn more at www.mdu.com/100th-anniversary. For more information about MDU Resources, visit www.mdu.com or contact the Investor Relations Department at investor@mduresources.com.
Investor Contact: Brent Miller, assistant treasurer, 701-530-1730
Media Contact: Byron Pfordte, manager of integrated communications, 208-377-6050
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SOURCE MDU Resources Group, Inc.
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