By the close of today, January 01, 2024, MDU Resources Gr MDU will issue a dividend payout of $0.12 per share, resulting in an annualized dividend yield of 2.67%. This payout is exclusively for shareholders who held the stock before the ex-dividend date on December 13, 2023.
MDU Resources Gr Recent Dividend Payouts
| Ex-Date | Payments per year | Dividend | Yield | Announced | Record | Payable |
|---|---|---|---|---|---|---|
| 2023-12-13 | 4 | $0.12 | 2.67% | 2023-11-16 | 2023-12-14 | 2024-01-01 |
| 2023-09-13 | 4 | $0.12 | 2.25% | 2023-08-03 | 2023-09-14 | 2023-10-01 |
| 2023-06-12 | 4 | $0.22 | 3.11% | 2023-05-04 | 2023-06-13 | 2023-07-01 |
| 2023-03-08 | 4 | $0.22 | 2.85% | 2023-02-16 | 2023-03-09 | 2023-04-01 |
| 2022-12-07 | 4 | $0.22 | 2.97% | 2022-11-17 | 2022-12-08 | 2023-01-01 |
| 2022-09-07 | 4 | $0.22 | 2.83% | 2022-08-11 | 2022-09-08 | 2022-10-01 |
| 2022-06-08 | 4 | $0.22 | 3.47% | 2022-05-11 | 2022-06-09 | 2022-07-01 |
| 2022-03-09 | 4 | $0.22 | 3.15% | 2022-02-17 | 2022-03-10 | 2022-04-01 |
| 2021-12-08 | 4 | $0.22 | 2.99% | 2021-11-11 | 2021-12-09 | 2022-01-01 |
| 2021-09-08 | 4 | $0.21 | 2.56% | 2021-08-12 | 2021-09-09 | 2021-10-01 |
| 2021-06-09 | 4 | $0.21 | 2.49% | 2021-05-12 | 2021-06-10 | 2021-07-01 |
| 2021-03-10 | 4 | $0.21 | 3.1% | 2021-02-11 | 2021-03-11 | 2021-04-01 |
MDU Resources Gr is the leader in terms of dividend yield compared to its industry peers, with Argan AGX having the highest annualized dividend yield at 2.53%.
Analyzing MDU Resources Gr Financial Health
Companies that pay out steady cash dividends are attractive to income-seeking investors, and companies that are financially healthy tend to maintain their dividend payout schedule. For this reason, investors can find it insightful to see if a company has been increasing or decreasing their dividend payout schedule and if their earnings are growing.
YoY Growth in Dividend Per Share
As you can see, from 2020 to 2023, investors saw an average decrease in the company's dividend per share, decreasing from $0.83 in 2020 to $0.70 in 2023. This is not favorable for investors as it indicates a decline in the company's dividend payout over the years. Further analysis is recommended to understand the factors contributing to this decrease.
YoY Earnings Growth For MDU Resources Gr
The earnings chart above reveals a decrease in MDU Resources Gr's earnings per share, declining from $1.86 in 2020 to $1.42 in 2023. This could raise concerns for income-seeking investors, as it suggests a decline in the company's profitability. It is crucial to closely monitor the situation and assess the factors contributing to this decrease, as it may have implications for future cash dividend payouts.
Recap
In this article, we explore the recent dividend payout of MDU Resources Gr and its significance for shareholders. The company has decided to distribute a dividend of $0.12 per share today, which equates to an annualized dividend yield of 2.67%.
MDU Resources Gr is the leader in terms of dividend yield compared to its industry peers, with Argan having the highest annualized dividend yield at 2.53%.
With a decrease in dividend per share and earnings per share from 2020 to 2023, MDU Resources Gr might be experiencing financial strain, raising concerns about the sustainability of their dividend distribution to investors.
Investors should closely follow the company's performance in the coming quarters to stay up-to-date on any shifts in financials or dividend disbursements.
[Track real-time stock fluctuations for MDU Resources Gr on Benzinga.](https://www.benzinga.com/quote/MDU Resources Gr (NYSE: MDU))
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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