UPDATE: Middlesex Water (MSEX) Raises Quarterly Dividend 5.9% to $0.22375; 2.1% Yield

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Go back to UPDATE: Middlesex Water (MSEX) Raises Quarterly Dividend 5.9% to $0.22375; 2.1% Yield

Middlesex Water Company Announces Dividend Increase of 5.9%

October 25, 2017 2:40 PM EDT

Utility Marks 45th Consecutive Year of Dividend Increases

ISELIN, N.J., Oct. 25, 2017 (GLOBE NEWSWIRE) -- Middlesex Water Company (Nasdaq: MSEX) announced today that its Board of Directors has declared a cash dividend of $0.22375 per share on its common stock, a 5.9% increase from the $0.21125 per share dividend in the third quarter of 2017.  This increase raises the annual dividend rate to $0.895 from $0.845 per share of common stock. The declared dividend is payable on December 1, 2017 to shareholders of record as of November 9, 2017. ... More