Middlesex Water Co (MSEX) Dividends & Splits

Middlesex Water Co (MSEX) has a history of consistently paying dividends to its shareholders. The company's dividends are typically accompanied by stock splits, which have helped to increase the number of shares outstanding. The current dividend yield for MSEX is 2.1%, which is relatively attractive for income-seeking investors. The payout ratio, which measures the percentage of earnings paid out as dividends, is currently around 55%. This indicates that the company is able to maintain its dividend payments without sacrificing its ability to reinvest in its business.

The next dividend ex-date for MSEX is scheduled for May 15th, 2022. This means that shareholders who purchase the stock before this date will be eligible to receive the upcoming dividend payment. In the past, Middlesex Water Co has split its stock multiple times, most recently in 2014. The company implemented a 3-for-2 stock split, which effectively increased the number of shares outstanding by 50%. The dividend amount per share is subject to change and is typically determined by the company's board of directors. Middlesex Water Co has a solid track record of increasing its dividend over time. The annual dividend growth rate for the company is approximately 4%. The dividend yield range for MSEX has historically been between 1.5% and 2.5%.