MDU Resources Group Announces Increased Dividend for Shareholders

MDU Resources Group Declares Quarterly Dividend Increase

MDU Resources Group, Inc., listed on the New York Stock Exchange under the symbol MDU, has recently announced an increase in its quarterly dividend, a decision that reflects the company’s ongoing commitment to delivering value to its shareholders. On August 14, 2025, the board of directors determined that the quarterly dividend on the company's common stock will rise to 14 cents per share, marking a significant 7.7% increase from the previous dividend of 13 cents per share. The new rate indicates an annualized dividend of 56 cents per share.

Commitment to Long-Term Value

Darrel T. Anderson, the chair of the board, expressed pride in the company’s 87-year history of uninterrupted dividends. This latest increase underscores their dedication to providing reliable returns to stockholders. Anderson stated, "This action underscores our unwavering commitment to delivering reliable, long-term value to our stockholders. Steadily growing dividends remains a pillar of our return strategy—one that rewards ownership and reflects confidence in our business."

The dividend is scheduled to be paid on October 1, 2025, to stockholders who are on record as of September 11, 2025. This commitment to dividends continues to be a key part of MDU's business strategy, which aims for a long-term dividend payout ratio target of 60% to 70% of earnings—a clear indication of the company's optimistic outlook for continued earning growth.

Overview of MDU Resources Group, Inc.

MDU Resources Group, Inc. is a prominent player in the utility sector, known for providing safe, reliable, and eco-friendly electric utility and natural gas distribution services to over 1.2 million customers, primarily across the Pacific Northwest and the Midwest regions of the United States. The company has a longstanding presence in the industry, focusing on not just providing energy but doing so responsibly and affordably.

In addition to its utility services, MDU has a solid pipeline business that features a vast network spanning over 3,800 miles. This infrastructure plays a crucial role in ensuring that energy is delivered reliably across the Northern Plains, bolstering the company’s reputation as a reliable energy provider.

The company's legacy stretches over a hundred years, and its operations are characterized by an ongoing commitment to environmental sustainability, customer satisfaction, and community support. As MDU continues to grow and adapt to changing energy demands, it remains focused on its mission to energize lives for a better tomorrow.

For further information about MDU Resources and its operations, investors are encouraged to visit MDU's official website or reach out to the investor relations team for any inquiries.

Important Notes for Investors

This announcement also contains forward-looking statements under federal securities laws. These statements are based on various assumptions that involve risks and uncertainties, and are subject to change. Key factors affecting future performance are detailed in the company's filings with the U.S. Securities and Exchange Commission. Investors should consider these risks before making investment decisions.