Middlesex Water Company Increases Common Dividend by 5.56%
Middlesex Water raised its quarterly dividend 5.56% to $0.38 per share from $0.36. The increase lifts the annual rate to $1.52 from $1.44 and marks the 54th consecutive year of dividend increases; the company has paid dividends since 1912.
Key figures
- Quarterly dividend
- $0.38 per share
- Annual dividend rate
- $1.52 per share
- Dividend increase pct
- 5.56%
- Consecutive years of increases
- 54
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