Middlesex Water Dividend
Dividend criteria checks 4/6
Middlesex Water is a dividend paying company with a current yield of 2.5% that is well covered by earnings. Next payment date is on 3rd June, 2024 with an ex-dividend date of 14th May, 2024.
Key information
2.5%
Dividend yield
71%
Payout ratio
| Industry average yield | 2.5% |
| Next dividend pay date | 03 Jun 24 |
| Ex dividend date | 14 May 24 |
| Dividend per share | n/a |
| Earnings per share | US$1.76 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Subdued Growth No Barrier To Middlesex Water Company's (NASDAQ:MSEX) Price
Dec 26
Be Wary Of Middlesex Water (NASDAQ:MSEX) And Its Returns On Capital
Dec 05Middlesex Water (NASDAQ:MSEX) Has Announced That It Will Be Increasing Its Dividend To $0.325
Oct 26Middlesex Water (NASDAQ:MSEX) Takes On Some Risk With Its Use Of Debt
Oct 10Some Investors May Be Worried About Middlesex Water's (NASDAQ:MSEX) Returns On Capital
Aug 22These 4 Measures Indicate That Middlesex Water (NASDAQ:MSEX) Is Using Debt Extensively
May 27Returns On Capital At Middlesex Water (NASDAQ:MSEX) Have Hit The Brakes
May 10With EPS Growth And More, Middlesex Water (NASDAQ:MSEX) Makes An Interesting Case
Mar 12Is Middlesex Water (NASDAQ:MSEX) A Risky Investment?
Jan 26Investors Could Be Concerned With Middlesex Water's (NASDAQ:MSEX) Returns On Capital
Dec 19With EPS Growth And More, Middlesex Water (NASDAQ:MSEX) Makes An Interesting Case
Dec 03Is Middlesex Water (NASDAQ:MSEX) A Risky Investment?
Oct 16Middlesex Water unit gets contract to manage Avalon water, sewer utility
Aug 17Middlesex Water GAAP EPS of $0.50, revenue of $39.68M misses by $1.32M
Jul 29Capital Allocation Trends At Middlesex Water (NASDAQ:MSEX) Aren't Ideal
Jul 26Middlesex Water declares $0.29 dividend
Jul 22Here's Why Middlesex Water (NASDAQ:MSEX) Has Caught The Eye Of Investors
Jun 28Here's Why Middlesex Water (NASDAQ:MSEX) Has A Meaningful Debt Burden
Jun 01Don't Buy Middlesex Water Just For The Dividend
May 12Investors Could Be Concerned With Middlesex Water's (NASDAQ:MSEX) Returns On Capital
Mar 21Is Middlesex Water (NASDAQ:MSEX) A Risky Investment?
Mar 01Middlesex Water Is Still Expensive
Jan 31Here's What's Concerning About Middlesex Water's (NASDAQ:MSEX) Returns On Capital
Dec 10Do Middlesex Water's (NASDAQ:MSEX) Earnings Warrant Your Attention?
Oct 26Capital Allocation Trends At Middlesex Water (NASDAQ:MSEX) Aren't Ideal
Jul 29With EPS Growth And More, Middlesex Water (NASDAQ:MSEX) Is Interesting
Jul 14Here's Why Middlesex Water (NASDAQ:MSEX) Has A Meaningful Debt Burden
Jun 24Here's Why Middlesex Water Company's (NASDAQ:MSEX) CEO May Deserve A Raise
May 19Some Investors May Be Worried About Middlesex Water's (NASDAQ:MSEX) Returns On Capital
Apr 13With EPS Growth And More, Middlesex Water (NASDAQ:MSEX) Is Interesting
Apr 01Middlesex Water Company (NASDAQ:MSEX) Insiders Have Been Selling
Mar 20Middlesex Water (NASDAQ:MSEX) Has A Somewhat Strained Balance Sheet
Mar 08Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: MSEX's dividends per share have been stable in the past 10 years.
Growing Dividend: MSEX's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Middlesex Water Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (MSEX) | 2.5% |
| Market Bottom 25% (US) | 1.6% |
| Market Top 25% (US) | 4.8% |
| Industry Average (Water Utilities) | 2.5% |
| Analyst forecast in 3 Years (MSEX) | n/a |
Notable Dividend: MSEX's dividend (2.5%) is higher than the bottom 25% of dividend payers in the US market (1.56%).
High Dividend: MSEX's dividend (2.5%) is low compared to the top 25% of dividend payers in the US market (4.82%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (71.3%), MSEX's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: MSEX is paying a dividend but the company has no free cash flows.