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MDU Mdu Resources Group dividend history, payout ratio & dates

Mdu Resources Group's most recent quarterly dividend was on Dec 7, 2022 (ex-date) with a cash dividend payment of $0.223 per share. At an annualized rate of $0.88 per share, the stock yields 2.86%. The latest dividend has increased by $0.01, or 2.3% from the previous payment.

Key dates

  • MDU last dividend date: Dec 7, 2022
  • MDU next dividend date: Not announced
MDU dividend stats
DPS
$0.88
Dividend yield
2.86%
Payout ratio
52.5%
vs. Basic Materials sector
Dividend yield
1.8%
Payout ratio
27.3%

Dividend yield

What is Mdu Resources Group current dividend yield

MDU has a dividend yield of 2.86% which is higher than the Basic Materials sector and the industry average but lower than its peers average. If we compare it with the Basic Materials sector average of 1.8%, Mdu Resources Group's dividend yield is 59% higher. Historically MDU's dividend yield has averaged at 3.1% in the last 5 years, which is more than the current one.

Dividend history

What is MDU dividend payout history and dates

Mdu Resources Group has been paying dividends since 1994. MDU has issued four quarterly dividends in the last twelve months. The annualized DPS has increased by 2.2% for the last year. However since the stock price has gone up by 5% from a year ago, the dividend yield has decreased by 2.8%.

Recent dividends

Ex-date Payment date Declared on Amount Type
Dec 7, 2022 Jan 1, 2023 Nov 17, 2022 $0.223 normal
Sep 7, 2022 Oct 1, 2022 Aug 11, 2022 $0.218 normal
Jun 8, 2022 Jul 1, 2022 May 11, 2022 $0.218 normal
Mar 9, 2022 Apr 1, 2022 Feb 17, 2022 $0.218 normal
Dec 8, 2021 Jan 1, 2022 Nov 11, 2021 $0.218 normal
Sep 8, 2021 Oct 1, 2021 Aug 12, 2021 $0.213 normal
Jun 9, 2021 Jul 1, 2021 May 12, 2021 $0.213 normal
Mar 10, 2021 Apr 1, 2021 Feb 11, 2021 $0.213 normal
Dec 9, 2020 Jan 1, 2021 Nov 12, 2020 $0.213 normal
Sep 9, 2020 Oct 1, 2020 Aug 13, 2020 $0.208 normal
Jun 10, 2020 Jul 1, 2020 May 13, 2020 $0.208 normal
Mar 11, 2020 Apr 1, 2020 Feb 13, 2020 $0.208 normal
Dec 11, 2019 Jan 1, 2020 Nov 14, 2019 $0.208 normal
Sep 11, 2019 Oct 1, 2019 Aug 15, 2019 $0.203 normal
Jun 12, 2019 Jul 1, 2019 May 8, 2019 $0.203 normal
Mar 13, 2019 Apr 1, 2019 Feb 14, 2019 $0.203 normal

Mdu Resources Group dividend payout ratio

What is Mdu Resources Group dividend payout ratio compared to the sector

Payout ratio

MDU has a payout ratio of 52.5% which is higher than the Basic Materials sector and the industry average but lower than its peers average. In comparison with the Basic Materials sector average of 27.3%, Mdu Resources Group's payout ratio is 92% higher.

Total amount of dividends paid per financial year (from cash flow)

MDU dividend vs peer dividends

How does MDU dividend compare to its peers' dividends
Name Dividend yield DPS Payout ratio
AVA Avista Corp 4.4% $1.76 97.8%
NWN Northwest Natural Holding Co 3.86% $1.93 74.1%
BKH Black Hills Corp 3.38% $2.41 60.4%
MDU Mdu Resources Group Inc 2.86% $0.88 52.5%
XEL Xcel Energy Inc 2.85% $1.95 63.6%
SRE Sempra Energy 2.83% $4.58 63.8%
CNP Centerpoint Energy Inc 2.35% $0.7 28.5%

Frequently asked questions

Does Mdu Resources Group pay a dividend?

Yes, Mdu Resources Group has been paying dividends for the last 28 years.

When is Mdu Resources Group's next dividend?

MDU hasn't announced its next dividend date yet, however if we take into account its recent dividend schedule, it is likely that its next dividend will be in March 2023.

When was MDU's last dividend?

Mdu Resources Group's last regular dividend was on Dec 7, 2022 (ex-date) with the amount of $0.223 per share.

How much dividend does Mdu Resources Group pay (per share)?

MDU's annualized dividend per share is $0.88.

What is Mdu Resources Group's dividend yield?

Mdu Resources Group's current dividend yield is 2.86%.

How often does Mdu Resources Group pay dividends?

Mdu Resources Group pays dividends quarterly.

What is Mdu Resources Group's dividend payout ratio?

Mdu Resources Group's dividend payout ratio is 52.5%.

Does Mdu Resources Group pay a good dividend?

Mdu Resources Group's dividend yield is more than the Basic Materials sector average.