MDU Resources Group Declares Quarterly Dividend
MDU Resources Group, Inc. (NYSE: MDU), a reliable provider in the energy sector, recently announced its decision to declare a quarterly dividend of 14 cents per share on its common stock. This announcement was made by the company’s board of directors on February 19, 2026. Notably, this dividend remains unchanged from the previous quarter, reflecting the company’s commitment to providing consistent returns to its shareholders.
Dividend Payment Details
The declared dividend is set to be paid to shareholders on
April 1, 2026, to those who hold stock as of
March 12, 2026. This predictable dividend schedule is part of MDU’s broader strategy, which is aimed at maintaining a long-term payout ratio of between 60% to 70% of the company’s earnings. This calculated approach not only reinforces investor confidence but also illustrates the company's stability and financial health in the competitive utilities market.
A Legacy of Reliability
MDU Resources has a rich history, operating for over a century and serving more than 1.2 million customers across the Pacific Northwest and Midwest regions of the United States. The company prides itself on delivering safe, reliable, and environmentally responsible electric utility and natural gas distribution services. Such dedication has positioned MDU as a trustworthy name in energy provision, and the recent dividend announcement exemplifies its commitment to enhancing shareholder value.
The company's pipeline operations further bolster its reputation, with a significant
3,800-mile natural gas pipeline network that ensures efficient energy delivery across the Northern Plains. This extensive infrastructure not only alleviates supply concerns but also plays a pivotal role in the overall energy distribution framework in the regions they serve.
Looking Forward
As MDU Resources Group continues to focus on energizing lives for a better tomorrow, the decision to maintain their dividend reinforces their strategic objectives and financial integrity. Investors can expect MDU to navigate market fluctuations while upholding their dividend commitments, driven by their ongoing initiatives aimed at operational efficiency and sustainable practices.
For more detailed information relating to MDU Resources Group, interested parties can visit their official website at
www.mdu.com or reach out to their investor relations department.
Investor Contacts
For direct inquiries, Brent Miller, the company treasurer, can be contacted at
701-530-1730, while media inquiries can be directed to Byron Pfordte, the director of integrated communications, at
208-377-6050. This openness to communication highlights MDU's dedication not just to their current stakeholders but to potential investors who might be considering joining their journey.
In an era where environmental responsibility and sustainable practices are gaining paramount importance, MDU Resources Group continues to lead the charge, reminding us that profitability and responsibility can go hand-in-hand in the energy sector.