Mdu Resources Group's most recent quarterly dividend was on Sep 7, 2022 (ex-date) with a cash dividend payment of $0.218 per share. At an annualized rate of $0.87 per share, the stock yields 3.08%. The latest dividend has decreased by $0, or 0.2% from the previous payment.
MDU has a dividend yield of 3.08% 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 2.17%, Mdu Resources Group's dividend yield is 42% higher. Historically MDU's dividend yield has averaged at 3.1% in the last 5 years, which is in line with 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 2.3% for the last year. And since the stock price has gone down by 7% from a year ago, the dividend yield has increased by 10%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| 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 53.8% 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 26.9%, Mdu Resources Group's payout ratio is 100% higher.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| AVA Avista Corp | 4.49% | $1.74 | 83.4% |
| NWN Northwest Natural Holding Co | 4.27% | $1.93 | 77.3% |
| BKH Black Hills Corp | 3.37% | $2.38 | 57.3% |
| MDU Mdu Resources Group Inc | 3.01% | $0.87 | 53.8% |
| XEL Xcel Energy Inc | 2.89% | $1.92 | 63.9% |
| SRE Sempra Energy | 2.88% | $4.54 | 125.6% |
| CNP Centerpoint Energy Inc | 2.34% | $0.69 | 27.8% |
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 December 2022.
Mdu Resources Group's last regular dividend was on Sep 7, 2022 (ex-date) with the amount of $0.218 per share.
MDU's annualized dividend per share is $0.87.
Mdu Resources Group's current dividend yield is 3.08%.
Mdu Resources Group pays dividends quarterly.
Mdu Resources Group's dividend payout ratio is 53.8%.
Mdu Resources Group's dividend yield is more than the Basic Materials sector average.