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Middlesex Water (MSEX) Raises Quarterly Dividend 6.3% to $0.21125; 2.4% Yield

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Middlesex Water Company Increases Dividend 6.29 Percent

October 26, 2016 12:30 PM EDT

ISELIN, N.J., Oct. 26, 2016 (GLOBE NEWSWIRE) -- Middlesex Water Company (Nasdaq: MSEX) announced today that its Board of Directors declared a dividend of $0.21125 per share on its common stock, a 6.29 percent increase from the $0.19875 per share dividend in the third quarter of 2016.  This increase raises the annual dividend to $0.845 from $0.795 per share of common stock. The dividend is payable on December 1, 2016 to shareholders of record as of November 10, 2016.  Middlesex Water has paid cash dividends in varying... More