Middlesex Water (MSEX) Raises Quarterly Dividend 7.3% to $0.24; 2% Yield

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Middlesex Water Company Announces Quarterly Cash Dividend Increase of 7.3%

October 24, 2018 3:12 PM EDT

Utility Marks 46th Consecutive Year of Dividend Increases

ISELIN, N.J., Oct. 24, 2018 (GLOBE NEWSWIRE) -- Middlesex Water Company (Nasdaq: MSEX) announced today that its Board of Directors has declared a cash dividend of $0.24 per share on its common stock, a 7.3% increase from the $0.22375 per share dividend in the third quarter of 2018.  This increase raises the annual dividend rate to $0.96 from $0.895 per share of common stock. The declared dividend is payable on December 3, 2018 to shareholders of record as of... More