MIDDLESEX WATER CO (MSEX) Form 8-K — Oct 29, 2026
Middlesex Water Company reported Q3 2026 diluted EPS of $0.95 on net income of $18.0 million, up sharply from $0.77 and $14.0 million in Q3 2025, driven by increased wholesale demand, higher customer consumption, and base rate increases. Operating revenues rose $6.1 million to $60.2 million, while the company has invested $84 million in water and wastewater infrastructure year-to-date — roughly 67% of its planned $126 million 2026 capital program. The Board declared a Q4 dividend of $0.38 per share, a 5.56% increase that lifts the annual rate to $1.52 and marks the 54th consecutive year of dividend increases.
Key figures
- Eps
- 0.95
- Revenue
- 60205000
- Net Income
- 18028000
- Revenue Yoy
- 6100000
- Ytd eps
- 2.31
- Ytd revenue
- 165276000
- Ytd net income
- 43403000
- Q3 prior revenue
- 54091000
- Capex nine months
- 84000000
- Prior year q3 eps
- 0.77
- Planned 2026 capex
- 126000000
- Annual dividend rate
- 1.52
- Q4 dividend per share
- 0.38
- Prior year q3 net income
- 13958000
- Dividend increase percent
- 5.56
- Njbpu dsic petition revenue
- 1700000
- Consecutive years dividend increases
- 54
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