MDU Resources Group, Inc. (NYSE:MDU) Shareholders to Get $0.14 Quarterly Dividend

MDU Resources Group, Inc. (NYSE:MDU) announced a quarterly dividend on Thursday, November 12th. Investors of record on Thursday, December 10th will be given a dividend of $0.1450 per share by the utilities provider on Friday, January 1st. This represents a $0.58 annualized dividend and a dividend yield of 3.0%. The ex-dividend date of this dividend is Thursday, December 10th.

MDU Resources Group has decreased its dividend payment by an average of 0.1% annually over the last three years and has raised its dividend annually for the last 1 consecutive years. MDU Resources Group has a dividend payout ratio of 55.8% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect MDU Resources Group to earn $1.06 per share next year, which means the company should continue to be able to cover its $0.58 annual dividend with an expected future payout ratio of 54.7%.

MDU Resources Group Stock Up 0.6%

Shares of NYSE MDU opened at $19.55 on Friday. The firm’s 50-day moving average is $19.03 and its two-hundred day moving average is $20.52. The company has a market capitalization of $4.17 billion, a PE ratio of 21.03, a price-to-earnings-growth ratio of 3.59 and a beta of 0.66. MDU Resources Group has a 12-month low of $18.14 and a 12-month high of $22.98. The company has a debt-to-equity ratio of 0.87, a current ratio of 0.88 and a quick ratio of 0.95.

MDU Resources Group (NYSE:MDU) last released its earnings results on Thursday, November 5th. The utilities provider reported $0.08 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.10 by ($0.02). The firm had revenue of $347.75 million during the quarter, compared to analysts’ expectations of $346.63 million. MDU Resources Group had a net margin of 10.33% and a return on equity of 6.68%. MDU Resources Group’s revenue for the quarter was up 10.4% on a year-over-year basis. During the same quarter last year, the company posted $0.09 earnings per share. MDU Resources Group has set its FY 2026 guidance at 0.930-1.000 EPS. Equities analysts anticipate that MDU Resources Group will post 0.98 EPS for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. Arkadios Wealth Advisors boosted its position in MDU Resources Group by 1.7% during the 1st quarter. Arkadios Wealth Advisors now owns 27,316 shares of the utilities provider’s stock worth $566,000 after acquiring an additional 449 shares during the period. BOKF NA increased its holdings in shares of MDU Resources Group by 0.5% in the 3rd quarter. BOKF NA now owns 114,975 shares of the utilities provider’s stock valued at $2,132,000 after purchasing an additional 625 shares during the period. D.A. Davidson & CO. increased its holdings in shares of MDU Resources Group by 0.9% in the 1st quarter. D.A. Davidson & CO. now owns 77,537 shares of the utilities provider’s stock valued at $1,607,000 after purchasing an additional 658 shares during the period. Illinois Municipal Retirement Fund lifted its position in shares of MDU Resources Group by 0.8% in the third quarter. Illinois Municipal Retirement Fund now owns 107,442 shares of the utilities provider’s stock worth $1,992,000 after purchasing an additional 872 shares in the last quarter. Finally, Hantz Financial Services Inc. lifted its position in shares of MDU Resources Group by 25.1% in the third quarter. Hantz Financial Services Inc. now owns 6,070 shares of the utilities provider’s stock worth $113,000 after purchasing an additional 1,218 shares in the last quarter. 71.44% of the stock is owned by hedge funds and other institutional investors.

About MDU Resources Group

MDU Resources Group is an energy delivery company that provides regulated electric and natural gas service and operates natural gas transmission infrastructure. Its utility businesses serve residential, commercial, industrial and other customers across parts of the northwestern and north-central United States. The company’s service area includes Montana, North Dakota, South Dakota, Wyoming, Idaho, Oregon, Washington and Minnesota. Its natural gas pipeline operations transport and store gas, supporting the delivery of energy to customers and communities.