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Middlesex Water Co (Middlesex Water Co) 3-Year Dividend Growth Rate : 6.70% (As of Mar. 2024)


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What is Middlesex Water Co 3-Year Dividend Growth Rate?

Middlesex Water Co's Dividends per Share for the three months ended in Mar. 2024 was $0.00.

The historical rank and industry rank for Middlesex Water Co's 3-Year Dividend Growth Rate or its related term are showing as below:

MSEXP.PFD' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -0.2   Med: 2.65   Max: 6.7
Current: 6.7

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Middlesex Water Co was 6.70% per year. The lowest was -0.20% per year. And the median was 2.65% per year.

MSEXP.PFD's 3-Year Dividend Growth Rate is ranked better than
58.8% of 301 companies
in the Utilities - Regulated industry
Industry Median: 5.2 vs MSEXP.PFD: 6.70

During the past 12 months, Middlesex Water Co's average Dividends Per Share Growth Rate was 5.80% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 6.70% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 6.70% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 5.70% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Middlesex Water Co's Dividend Payout Ratio for the three months ended in Mar. 2024 was 0.00. As of today, Middlesex Water Co's Dividend Yield % is 7.45%.

Good Sign:

Middlesex Water Co stock dividend yield is close to 5-year high.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of Middlesex Water Co's 3-Year Dividend Growth Rate

For the Utilities - Regulated Water subindustry, Middlesex Water Co's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Middlesex Water Co's 3-Year Dividend Growth Rate Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Middlesex Water Co's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Middlesex Water Co's 3-Year Dividend Growth Rate falls into.



Middlesex Water Co 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Middlesex Water Co  (OTCPK:MSEXP.PFD) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Middlesex Water Co's Dividend Payout Ratio for the quarter that ended in Mar. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Mar. 2024 )/ EPS without NRI (Q: Mar. 2024 )
=0/ 0
=N/A

During the past 13 years, the highest Dividend Payout Ratio of Middlesex Water Co was 0.72. The lowest was 0.47. And the median was 0.57.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

Middlesex Water Co Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 1.7500002024-04-122024-04-152024-05-01Cash DividendquarterlyUSD:USD 1.000000
USD 1.7500002024-01-112024-01-122024-02-01Cash DividendquarterlyUSD:USD 1.000000
USD 1.7500002023-10-122023-10-132023-11-01Cash DividendquarterlyUSD:USD 1.000000
USD 1.7500002023-07-132023-07-142023-08-01Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Middlesex Water Co's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=7/94.00
=7.45 %

Current Share Price is $94.00.
Middlesex Water Co's Dividends per Share for the trailing twelve months (TTM) ended in Today is $7.

During the past 13 years, the highest Dividend Yield of Middlesex Water Co was 7.45%. The lowest was 0.92%. And the median was 1.93%.

Good Sign:

Middlesex Water Co stock dividend yield is close to 5-year high.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Middlesex Water Co 3-Year Dividend Growth Rate Related Terms>


Middlesex Water Co (Middlesex Water Co) Business Description

Traded in Other Exchanges
Address
485C Route 1 South, Suite 400, Iselin, NJ, USA, 08830
Middlesex Water Co owns and operates regulated water utility and wastewater systems in the U.S. The firm primarily operates in the eastern states of New Jersey, Delaware, and Pennsylvania. The company has two operating segments, Regulated and Non-Regulated. The regulated business includes collecting and distributing water to residential, commercial, industrial, and fire protection consumers. The non-regulated business includes contract services for the operation of private water and wastewater systems. The majority of the company's revenue is derived from the Regulated segment and from residential customers.