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MDU Resources Group Declares Quarterly Dividends

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The dividends continue to flow at MDU Resources Group (NYSE: MDU  ) . The company has declared quarterly distributions for its common and preferred stock. For the former, the firm will pay $0.1725, in line with its preceding three disbursements. Holders of the 4.5%, 4.7%, and 5.1% series preferreds will receive $1.125, $1.175, and $1.275 per share, respectively. All dividends will be paid on October 1 to holders of record as of September 12.

In the press release announcing the news, MDU Resources Group did not hesitate to mention that it has paid distributions for 75 years in a row.

The just-declared common stock dividend annualizes to $0.69 per share. That yields 2.5% at the firm's current price of $28.10.


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Eric Volkman
TMFVolkman

Eric has been writing about stocks and finance since the mid-1990s, when he lived in Prague, Czech Republic. Over the course of a varied career, he has also been a radio newscaster, an investment banker, and a bass player in a selection of rock and roll bands. A native New Yorker, he currently lives in Los Angeles.

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