MDU Resources Group Declares Quarterly Dividends

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.


Read/Post Comments (0) | Recommend This Article (0)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

DocumentId: 2597609, ~/Articles/ArticleHandler.aspx, 7/31/2014 8:17:02 AM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...


Advertisement