Middlesex Water Company Increases Its Common Dividend
Middlesex Water Company (NASDAQ: MSEX) has made an exciting announcement regarding its dividend strategy. The company recently revealed that its Board of Directors has officially declared a quarterly cash dividend of $0.36 per share on its common stock. This marks a notable 5.88% increase from the previous dividend of $0.34 that was declared earlier in the year. With this increase, the annual dividend rate will now rise to $1.44 from $1.36.
A Remarkable Achievement in Dividend Growth
This increase in dividend is particularly significant as it marks the 53rd consecutive year of dividend increases for Middlesex Water Company, showcasing its commitment to returning value to shareholders. The company has a long-standing history of providing dividends, having paid cash dividends continuously since as far back as 1912.
Details of the Upcoming Dividend Payment
The dividend at this increased rate is set to be payable on December 1, 2025, to all shareholders on record as of November 17, 2025. This announcement reflects the company's robust performance and strong financial position, allowing it to reward its shareholders effectively.
About Middlesex Water Company
Founded in 1897, Middlesex Water Company stands as one of the nation’s leading investor-owned water and wastewater utilities. With a commitment to operational excellence and a superior customer experience, the company serves over half a million residents across New Jersey and Delaware. Middlesex focuses on sustainable growth and continuous investment in infrastructure to enhance service delivery to its customers.
Contact Information for Inquiries
For media inquiries, Brian Hague serves as the Vice President of Communications and Corporate Affairs at Middlesex Water Company. He can be reached at (732) 638-7584 or via email at bhague@middlesexwater.com. For investor relations, Jennifer Ketschke is the Director of Treasury and Investor Relations, available at (732) 638-7523 or jketschke@middlesexwater.com.
Frequently Asked Questions
What is the new dividend amount declared by Middlesex Water Company?
The new declared dividend amount is $0.36 per share.
How much has the dividend increased?
The dividend has increased by 5.88% from the previous amount of $0.34 per share.
How many years has Middlesex Water Company increased its dividend?
Middlesex Water Company has increased its dividend for 53 consecutive years.
When will the next dividend be payable?
The next dividend will be payable on December 1, 2025.
How can I contact Middlesex Water Company for more information?
You can contact Brian Hague at (732) 638-7584 for media inquiries or Jennifer Ketschke at (732) 638-7523 for investor relations.
