Middlesex Water Company Stock Dividends
MSEX pays dividends quarterly. Last paid amount was $0.325 at Mar 01, 2024. As of today, dividend yield (TTM) is 1.95%.
Dividend Yield Range
AI Analysis of MSEX
| Dividend Analysis | Generate |
Key Stats
| Dividend Yield (TTM) | 1.95% |
|---|---|
| Frequency | Quarterly |
| 1Y Growth | 3.83% |
| Payout Ratio | 0 |
| Amount Per Share | $0.325 |
| Next Ex-Dividend Date | May 14, 2024 |
| Next Payment Date | Jun 03, 2024 |
Upcoming Dividend Payment
To receive the upcoming dividend from MSEX the purchase should be done within the next 9 days.
Here's a simple guide on how to buy MSEX stock.
MSEX Dividend Payout History
To ensure a understanding of MSEX's dividend performance, consider examining the historical payout ratios and how they align with the company's earnings. Fluctuations in payout amounts may reflect changes in the company's dividend policy or earnings stability.
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Apr 25, 2024 | May 14, 2024 | Jun 03, 2024 | $0.325 | 0.612% |
| 2 | Jan 29, 2024 | Feb 14, 2024 | Mar 01, 2024 | $0.325 | 0.634% |
| 3 | Oct 20, 2023 | Nov 15, 2023 | Dec 01, 2023 | $0.330 | 0.500% |
| 4 | Jul 21, 2023 | Aug 10, 2023 | Sep 01, 2023 | $0.313 | 0.423% |
| 5 | Apr 28, 2023 | May 11, 2023 | Jun 01, 2023 | $0.313 | 0.393% |
| 6 | Jan 27, 2023 | Feb 13, 2023 | Mar 01, 2023 | $0.313 | 0.408% |
| 7 | Oct 21, 2022 | Nov 15, 2022 | Dec 01, 2022 | $0.313 | 0.341% |
| 8 | Jul 22, 2022 | Aug 11, 2022 | Sep 01, 2022 | $0.290 | 0.325% |
| 9 | Apr 22, 2022 | May 12, 2022 | Jun 01, 2022 | $0.290 | 0.343% |
| 10 | Jan 27, 2022 | Feb 11, 2022 | Mar 01, 2022 | $0.290 | 0.291% |
Dividend Sustainability
The company's low Dividend Sustainability Score (DSS) highlights potential challenges in upholding its current dividend levels. Unfortunately, its low Dividend Growth Potential Score (DGPS) suggests limited prospects for dividend growth. In conclusion, a more vigilant stance is recommended given the company's tentative dividend landscape.
Sustainability score
Growth potential
MSEX Dividend Calculator
Dividend Calculator is designed to forecast the potential returns from MSEX dividends based on your individual investment size or the number of shares you own. Simply enter your total investment amount to see the cumulative dividend payment you could receive over a specified period.
Read how to invest in MSEX stock here.
Comparing MSEX to Sector and Country
MSEX pays a solid dividend yield of 1.95%, which is higher than the average of the bottom 25% of dividend payers in the US market (1.76%). MSEX’s dividend yield is lower than the average of the top 25% of dividend payers in the Utilities sector in the US market (8.40%), which means that there are more attractive dividend stocks to consider.
MSEX Stock Competitors
| Symbol | Amount Per Share | Dividend Yield (TTM) | Payout Ratio (TTM) | ||
|---|---|---|---|---|---|
| Global Water Resources, Inc | 308.476M | $0.0251 | 2.81% | 90.02% | |
| Artesian Resources Corporation | 376.411M | $0.290 | 2.70% | 67.32% | |
| Otter Tail Corporation | 3.637B | $0.468 | 2.27% | 24.83% | |
| MGE Energy Inc. | 2.89B | $0.428 | 2.25% | 51.31% | |
| The York Water Company | 526.782M | $0.211 | 2.23% | 48.79% | |
| Middlesex Water Company | 946.867M | $0.325 | 1.95% | 71.57% | |
| Consolidated Water Co. Ltd. | 411.173M | $0.0950 | 1.44% | 18.55% |
