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MDU Resources Group (MDU Resources Group) 3-Year Dividend Growth Rate

: -5.90% (As of Dec. 2023)
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MDU Resources Group's Dividends per Share for the three months ended in Dec. 2023 was $0.13.

The historical rank and industry rank for MDU Resources Group's 3-Year Dividend Growth Rate or its related term are showing as below:

MDU' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -5.9   Med: 2.95   Max: 6.8
Current: -5.9

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of MDU Resources Group was 6.80% per year. The lowest was -5.90% per year. And the median was 2.95% per year.

MDU's 3-Year Dividend Growth Rate is ranked worse than
81% of 221 companies
in the Conglomerates industry
Industry Median: 8.7 vs MDU: -5.90

During the past 12 months, MDU Resources Group's average Dividends Per Share Growth Rate was -20.60% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -5.90% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -1.20% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 1.40% 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.

MDU Resources Group's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.26. As of today, MDU Resources Group's Dividend Yield % is 2.54%.

Warning Sign:

MDU Resources Group Inc stock dividend yield is close to 10-year low.

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


Competitive Comparison

For the Conglomerates subindustry, MDU Resources Group'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.


MDU Resources Group 3-Year Dividend Growth Rate Distribution

For the Conglomerates industry and Industrials sector, MDU Resources Group's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where MDU Resources Group's 3-Year Dividend Growth Rate falls into.



MDU Resources Group 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.


MDU Resources Group  (NYSE:MDU) 3-Year Dividend Growth Rate Explanation

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

MDU Resources Group's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0.125/ 0.48
=0.26

During the past 13 years, the highest Dividend Payout Ratio of MDU Resources Group was 0.82. The lowest was 0.43. And the median was 0.61.

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

MDU Resources Group Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.1252024-03-132024-03-142024-04-01Cash DividendquarterlyUSD:USD 1.000000
USD 0.1252023-12-132023-12-142024-01-01Cash DividendquarterlyUSD:USD 1.000000
USD 0.1252023-09-132023-09-142023-10-01Cash DividendquarterlyUSD:USD 1.000000
USD 0.2232023-06-122023-06-132023-07-01Cash 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.

MDU Resources Group's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.598/23.56
=2.54 %

Current Share Price is $23.56.
MDU Resources Group's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.598.

During the past 13 years, the highest Dividend Yield of MDU Resources Group was 6.55%. The lowest was 2.54%. And the median was 4.28%.

Warning Sign:

MDU Resources Group Inc stock dividend yield is close to 10-year low.

* 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.


MDU Resources Group 3-Year Dividend Growth Rate Related Terms>


MDU Resources Group (MDU Resources Group) Business Description

Traded in Other Exchanges
Address
1200 West Century Avenue, P.O. Box 5650, Bismarck, ND, USA, 58506-5650
MDU Resources Group Inc operates in five business segments, which includes: Electric segment, which generates, transmits, and distributes electricity in Montana, North Dakota, South Dakota, and Wyoming; The natural gas distribution segment distributes natural gas in those states, as well as in Idaho, Minnesota, Oregon and Washington; The pipeline segment provides natural gas transportation and underground storage services through a regulated pipeline system primarily in the Rocky Mountain and northern Great Plains regions of the United States; The construction materials and contracting segment mines, processes and sells construction aggregates (crushed stone, sand, and gravel); produces and sells asphalt mix, and supplies ready-mixed concrete; and The construction services segment.
Executives
Rob L. Johnson officer: President-WBI Holdings 1200 WEST CENTURY AVENUE, BISMARCK ND 58503
Paul R. Sanderson officer: VP, CLO & Secretary 1200 WEST CENTURY AVENUE, BISMARCK ND 58503
James H. Gemmel director C/O CORVEX MANAGEMENT LP, 667 MADISON AVENUE, NEW YORK NY 10065
Brian R. Gray officer: President & CEO-Knife River 1200 WEST CENTURY AVENUE, BISMARCK ND 58503
German Carmona-alvarez director 1200 WEST CENTURY AVENUE, BISMARCK ND 58503
Thomas S Everist director
Nicole A Kivisto officer: Controller P. O. BOX 5650, BISMARCK ND 58506-5650
Dale Rosenthal director 101 CONSTITUTION AVENUE, NW, WASHINGTON DC 20080
Karl A Liepitz officer: VP, Gen Counsel & Secretary 1200 WEST CENTURY AVENUE, BISMARCK ND 58503
Jason L Vollmer officer: Treasurer & Director of Cash 1200 WEST CENTURY AVENUE, BISMARCK ND 58503
David M Sparby director 1200 WEST CENTURY AVENUE, BISMARCK ND 58503
Margaret A Link officer: Chief Information Officer 1200 WEST CENTURY AVENUE, BISMARCK ND 58503
Dennis W Johnson director TMI BUSINESS DESIGHNS CORP, 50 3 AVENUE WAY, DICKINSON ND 58601
David C Barney officer: President & CEO - Knife River 1150 WEST CENTURY AVENUE, BISMARCK ND 58503
Stephanie A Barth officer: VP, CAO & Controller 1200 WEST CENTURY AVENUE, BISMARCK ND 58503