MSEX (Middlesex Water Co) Dividend Payout Ratio : 0.41 (As of Sep. 2024)

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What is Middlesex Water Co Dividend Payout Ratio?

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Middlesex Water Co's Dividend Payout Ratio for the months ended in Sep. 2024 was 0.41.

The historical rank and industry rank for Middlesex Water Co's Dividend Payout Ratio or its related term are showing as below:

MSEX' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.47 Med: 0.57 Max: 0.72
Current: 0.57

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.

MSEX's Dividend Payout Ratio is ranked worse than
54.47% of 369 companies
in the Utilities - Regulated industry
Industry Median: 0.53 vs MSEX: 0.57

As of today (2024-12-12), the Dividend Yield % of Middlesex Water Co is 2.23%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Middlesex Water Co was 3.52%. The lowest was 0.92%. And the median was 1.85%.

Middlesex Water Co's Dividends per Share for the months ended in Sep. 2024 was $0.33.

During the past 12 months, Middlesex Water Co's average Dividends Per Share Growth Rate was 3.80% 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.

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.

The growth rate is calculated with least square regression.

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

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.

Middlesex Water Co Dividend Payout Ratio Historical Data

The historical data trend for Middlesex Water Co's Dividend Payout Ratio can be seen below:

* 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.

* Premium members only.

Middlesex Water Co Dividend Payout Ratio Chart

Middlesex Water Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

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0.49

0.48

0.54

0.56

0.72

Middlesex Water Co Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Dividend Payout Ratio	Get a 7-Day Free Trial															0.56	1.02	0.55	0.55	0.41

Competitive Comparison of Middlesex Water Co's Dividend Payout Ratio

For the Utilities - Regulated Water subindustry, Middlesex Water Co's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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 Dividend Payout Ratio Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Middlesex Water Co's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Middlesex Water Co's Dividend Payout Ratio falls into.

Middlesex Water Co Dividend Payout Ratio Calculation

Middlesex Water Co's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2023 )	/	EPS without NRI (A: Dec. 2023 )
	=	1.263	/	1.76
	=	0.72

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

Dividend Payout Ratio	=	Dividends per Share (Q: Sep. 2024 )	/	EPS without NRI (Q: Sep. 2024 )
	=	0.325	/	0.8
	=	0.41

Middlesex Water Co (NAS:MSEX) Dividend Payout Ratio Explanation

In dividends investing, Dividend Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

Middlesex Water Co Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Middlesex Water Co's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Middlesex Water Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Middlesex Water Co (NAS:MSEX) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

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Address

485C Route 1 South, Suite 400, Iselin, NJ, USA, 08830

Website

https://www.middlesexwater.com

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.

Executives

Robert John Capko	officer: PAO/Controller	100 POSSUM WAY, NEW PROVIDENCE NJ 07974
Walter G Reinhard	director	PO BOX 1500, ISELIN NJ 08830
Cosgrove James F. Jr.	director	492 CHRISTOPHER DRIVE, PRINCETON NJ 08540
Lorrie Beth Ginegaw	officer: VP-Corporate Affairs	1500 RONSON ROAD, ISELIN NJ 08830
Bernadette M Sohler	officer: VP - Corporate Affairs	1500 RONSON ROAD, ISELIN NJ 08830
Dennis W Doll	officer: Executive Vice President	1500 RONSON ROAD, ISELIN NJ 08830
Andreasen Christian G. Jr.	officer: VP - Enterprise Engineering	485C ROUTE 1 SOUTH, SUITE 400, ISELIN NJ 08830
Kim C Hanemann	director	1500 RONSON ROAD, ISELIN NJ 08830
A Bruce Oconnor	officer: Vice President &, other: Controller	PO BOX 1500, ISELIN NJ 08830
Vaughn L Mckoy	director	485C ROUTE ONE SOUTH, SUITE 400, ISELIN NJ 07083
Georgia M Simpson	officer: VP-Information Technology	485C ROUTE 1 SOUTH, SUITE 400, ISELIN NJ 08830
Joshua Bershad	director	485C ROUTE ONE SOUTH, SUITE 400, ISELIN NJ 07083
Robert K Fullagar	officer: Vice President - Operations	485C ROUTE 1 SOUTH, SUITE 400, ISELIN NJ 08830
Ann L. Noble	director	485C ROUTE 1 SOUTH, SUITE 400, ISELIN NJ 08830
Jay L Kooper	officer: VP, Gen. Counsel & Secretary	1500 RONSON ROAD, ISELIN NJ 08830