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.
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.
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%.
| 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 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.
| 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% |
Yes, Mdu Resources Group has been paying dividends for the last 28 years.
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.
Mdu Resources Group's last regular dividend was on Dec 7, 2022 (ex-date) with the amount of $0.223 per share.
MDU's annualized dividend per share is $0.88.
Mdu Resources Group's current dividend yield is 2.86%.
Mdu Resources Group pays dividends quarterly.
Mdu Resources Group's dividend payout ratio is 52.5%.
Mdu Resources Group's dividend yield is more than the Basic Materials sector average.