MDU Resources Declares Quarterly Dividend on Common Stock

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.

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

 

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SOURCE MDU Resources Group, Inc.

FAQ

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.