MSEX (Middlesex Water Co) Dividend Payout Ratio: 0.67 (As of Mar. 2026) — 16% Above Median

What is Middlesex Water Co Dividend Payout Ratio?

Middlesex Water Co MSEX +1.78% 83 Dividend Payout Ratio is 0.67 as of Mar. 2026, which is 16% above its 10-year median of 0.58. GuruFocus rates MSEX with a GF Score™ of 83/100 and a GF Value™ of $62.62 (Fairly Valued). The stock has 3 warning signs investors should review. Among 375 Utilities - Regulated companies, Middlesex Water Co ranks worse than 61.07% on this metric.

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 Mar. 2026 was 0.67.

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: 0.49 Med: 0.58 Max: 0.78
Current: 0.61

During the past 13 years, the highest Dividend Payout Ratio of Middlesex Water Co was 0.78. The lowest was 0.49. And the median was 0.58.

MSEX's Dividend Payout Ratio is ranked worse than
61.07% of 375 companies
in the Utilities - Regulated industry
Industry Median: 0.54 vs MSEX: 0.61

As of today (2026-07-05), the Dividend Yield % of Middlesex Water Co is 2.47%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Middlesex Water Co was 2.78%. The lowest was 0.92%. And the median was 1.85%.

Middlesex Water Co's Dividends per Share for the months ended in Mar. 2026 was $0.36.

During the past 12 months, Middlesex Water Co's average Dividends Per Share Growth Rate was 5.30% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 5.30% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 5.90% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 6.20% 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 2.70% 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 (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

Middlesex Water Co Dividend Payout Ratio Historical Data

* Premium members only.

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.

Middlesex Water Co Dividend Payout Ratio Chart

Middlesex Water Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

Dividend Payout Ratio

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0.57

0.59

0.78

0.55

0.61

Middlesex Water Co Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25	Jun25	Sep25	Dec25	Mar26
Dividend Payout Ratio	Get a 7-Day Free Trial															0.66	0.59	0.46	0.82	0.67

MSEX vs YORW, CWCO, ARTNA: Dividend Payout Ratio Comparison

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 Dividend Payout Ratio vs 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.

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83GF Score

Middlesex Water Co MSEX

Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.

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Middlesex Water Co Dividend Payout Ratio Calculation

Middlesex Water Co's Dividend Payout Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2025 )	/	EPS without NRI (A: Dec. 2025 )
	=	1.38	/	2.28
	=	0.61

Middlesex Water Co's Dividend Payout Ratio for the quarter that ended in Mar. 2026 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Mar. 2026 )	/	EPS without NRI (Q: Mar. 2026 )
	=	0.36	/	0.54
	=	0.67

Frequently Asked Questions Learn more about Dividend Payout Ratio →

What does a Dividend Payout Ratio of 0.67 mean?

Middlesex Water Co (MSEX) has a Dividend Payout Ratio of 0.67 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Middlesex Water Co and its competitors. This is 16% above median its historical median of 0.58. Over the past decade, Middlesex Water Co's Dividend Payout Ratio has ranged from 0.49 to 0.78. According to the industry distribution chart, Middlesex Water Co ranks #229 out of 375 companies in the Utilities - Regulated industry, placing it in the top 61.1%.

Is Middlesex Water Co's Dividend Payout Ratio too high?

Middlesex Water Co's current Dividend Payout Ratio of 0.67 is 16% above median its 10-year median of 0.58. Over the past 10 years, this metric has ranged from a low of 0.49 to a high of 0.78. The Utilities - Regulated industry median Dividend Payout Ratio is 0.54. Middlesex Water Co's value of 0.67 is 24.1% above this industry median. Based on the distribution chart, Middlesex Water Co ranks #229 out of 375 companies in the Utilities - Regulated industry, which is below the industry midpoint. Overall, Middlesex Water Co has a GF Score™ of 83/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.

How does Middlesex Water Co's Dividend Payout Ratio compare to YORW and CWCO?

According to the Utilities - Regulated industry distribution chart, Middlesex Water Co ranks #229 out of 375 companies for Dividend Payout Ratio. This places Middlesex Water Co in the lower half of its industry. The industry median Dividend Payout Ratio is 0.54. Middlesex Water Co's value of 0.67 is 24.1% above this benchmark. Historically, Middlesex Water Co's own Dividend Payout Ratio has ranged from 0.49 to 0.78 over the past decade. While the company's 10-year median is 0.58 vs. the industry median of 0.54, Middlesex Water Co has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good Dividend Payout Ratio for an Utilities - Regulated company?

The median Dividend Payout Ratio among Utilities - Regulated companies is 0.54, based on 375 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Payout Ratio significantly above this median, while those in the bottom quartile fall well below. However, Dividend Payout Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Middlesex Water Co's current Dividend Payout Ratio of 0.67 is 24.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high Dividend Payout Ratio mean?

A high Dividend Payout Ratio can signal that a stock is expensive relative to its fundamentals. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Middlesex Water Co and its competitors. For the Utilities - Regulated industry, the median Dividend Payout Ratio is 0.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Middlesex Water Co's current Dividend Payout Ratio is 0.67, which is 16% above median its own 10-year median of 0.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Middlesex Water Co stock overvalued right now?

Based on GuruFocus' analysis, Middlesex Water Co (MSEX) is currently considered Fairly Valued. The stock's GF Value™ is $62.62, compared to a current price of $57.55 — trading 8.1% below its estimated fair value. The current Dividend Payout Ratio is 0.67, which is 16% above median its 10-year median of 0.58 and 24.1% above the Utilities - Regulated industry median of 0.54. Middlesex Water Co's overall GF Score™ is 83/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is Dividend Payout Ratio calculated?

Dividend Payout Ratio is calculated from a company's financial statements. For Middlesex Water Co (MSEX), the current Dividend Payout Ratio is 0.67 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Middlesex Water Co (MSEX) Overvalued in 2026?

Based on GuruFocus' analysis, Middlesex Water Co stock appears to be undervalued. The current stock price of $57.55 is trading 8.1% below its estimated GF Value™ of $62.62. GuruFocus considers Middlesex Water Co to be Fairly Valued.

Key valuation signals for MSEX:

Dividend Payout Ratio: 0.67 (16% above median its 10-year median of 0.58)
GF Value™: $62.62 vs. price of $57.55 (8.1% below fair value)
GF Score™: 83/100 with 3 warning signs
Industry Position: 24.1% above the Utilities - Regulated median (#229 of 375)

No single metric tells the full story. See the MSEX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Middlesex Water Co Business Description

Industry Utilities Utilities - Regulated

Comparable Companies YORW CWCO ARTNA CDZI PCYO GWRS CETI HTO CWT AWR AWK BSP:SBSP3 LSE:UU.LSE:SVT WTRG HKSE:00270 DFM:EMPOWER BSP:CSMG3 SHSE:600323 LSE:PNN

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 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.

83GF Score

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$57.55

Price

$62.62

GF Value

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