Mdu Resources Group's most recent quarterly dividend was on Sep 13, 2023 (ex-date) with a cash dividend payment of $0.125 per share. At an annualized rate of $0.4 per share, the stock yields 2.09%. The latest dividend has decreased by $0.1, or 44% from the previous payment.
MDU has a dividend yield of 2.09% which is higher than the Basic Materials sector and the industry average but lower than its peers average. But if we consider the Basic Materials sector average of 2%, Mdu Resources Group's dividend yield is only 4.5% higher. Historically MDU's dividend yield has averaged at 0.6% in the last 5 years, which is less 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 317% for the last year. And since the stock price has gone down by 11% from a year ago, the dividend yield has increased by 367%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Sep 13, 2023 | Oct 1, 2023 | Aug 3, 2023 | $0.125 | normal |
| Jun 12, 2023 | Jul 1, 2023 | May 4, 2023 | $0.223 | normal |
| Mar 8, 2023 | Apr 1, 2023 | Feb 16, 2023 | $0.024 | normal |
| Dec 7, 2022 | Jan 1, 2023 | Nov 17, 2022 | $0.024 | normal |
| Sep 7, 2022 | Oct 1, 2022 | Aug 11, 2022 | $0.024 | normal |
| Jun 8, 2022 | Jul 1, 2022 | May 11, 2022 | $0.024 | normal |
| Mar 9, 2022 | Apr 1, 2022 | Feb 17, 2022 | $0.024 | normal |
| Dec 8, 2021 | Jan 1, 2022 | Nov 11, 2021 | $0.024 | normal |
| Sep 8, 2021 | Oct 1, 2021 | Aug 12, 2021 | $0.023 | normal |
| Jun 9, 2021 | Jul 1, 2021 | May 12, 2021 | $0.023 | normal |
| Mar 10, 2021 | Apr 1, 2021 | Feb 11, 2021 | $0.023 | normal |
| Dec 9, 2020 | Jan 1, 2021 | Nov 12, 2020 | $0.023 | normal |
| Sep 9, 2020 | Oct 1, 2020 | Aug 13, 2020 | $0.023 | normal |
| Jun 10, 2020 | Jul 1, 2020 | May 13, 2020 | $0.023 | normal |
| Mar 11, 2020 | Apr 1, 2020 | Feb 13, 2020 | $0.023 | normal |
| Dec 11, 2019 | Jan 1, 2020 | Nov 14, 2019 | $0.023 | normal |
| Sep 11, 2019 | Oct 1, 2019 | Aug 15, 2019 | $0.022 | normal |
| Jun 12, 2019 | Jul 1, 2019 | May 8, 2019 | $0.022 | normal |
| Mar 13, 2019 | Apr 1, 2019 | Feb 14, 2019 | $0.022 | normal |
MDU has a payout ratio of 22.2% which is higher than the industry average but lower than the Basic Materials sector and its peers average. In comparison with the Basic Materials sector average of 32.8%, Mdu Resources Group's payout ratio is 32% lower.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| STR Sitio Royalties Corporation | 9.61% | $1.99 | 1,105.6% |
| AVA Avista Corp | 5.22% | $1.84 | 82.9% |
| NWN Northwest Natural Holding Co | 5.07% | $1.94 | 69.9% |
| BKH Black Hills Corp | 4.64% | $2.5 | 64.8% |
| XEL Xcel Energy Inc | 3.3% | $2.05 | 64.6% |
| SRE Sempra Energy | 3.26% | $2.38 | 54.8% |
| CNP Centerpoint Energy Inc | 2.68% | $0.77 | 60.6% |
| MDU Mdu Resources Group Inc | 2.07% | $0.4 | 22.2% |
Yes, Mdu Resources Group has been paying dividends for the last 29 years.
MDU's next dividend date is Dec 13, 2023 (ex-date).
Mdu Resources Group's last regular dividend was on Sep 13, 2023 (ex-date) with the amount of $0.125 per share.
MDU's annualized dividend per share is $0.4.
Mdu Resources Group's current dividend yield is 2.09%.
Mdu Resources Group pays dividends quarterly.
Mdu Resources Group's dividend payout ratio is 22.2%.
Mdu Resources Group's dividend yield is in line with the Basic Materials sector average.