MSEX - NASDAQ
Middlesex Water Company
$52.38
+0.87%Middlesex Water Company owns and operates regulated water utility and wastewater systems. It operates in two segments, Regulated and Non-Regulated. The Regulated segment collects, treats, and distributes water on a retail and wholesale basis to residential, commercial, industrial, and fire protection customers, as well as provides regulated wastewater systems in New Jersey and Delaware. The Non-Regulated segment provides non-regulated contract services for the operation and maintenance of municipal and private water and wastewater systems in New Jersey and Delaware. The company was incorporated in 1896 and is headquartered in Iselin, New Jersey.
At a Glance
Live SnapshotMiddlesex Water Company Dividend History
MSEX Dividend Payment History
Total Payments
50
Latest Dividend
$0.3600
Annual Amount
$1.7600
Frequency
Quarterly
| Declaration | Ex-Date | Payment Date | Dividend | Adjusted | Frequency | Growth |
|---|---|---|---|---|---|---|
Apr 24, 2026 | May 15, 2026 | Jun 1, 2026 | $0.3600 | $0.3600 | Quarterly | 0.00% |
Jan 27, 2026 | Feb 17, 2026 | Mar 2, 2026 | $0.3600 | $0.3600 | Quarterly | 0.00% |
Oct 24, 2025 | Nov 17, 2025 | Dec 1, 2025 | $0.3600 | $0.3600 | Quarterly | +5.88% |
Jul 23, 2025 | Aug 15, 2025 | Sep 2, 2025 | $0.3400 | $0.3400 | Quarterly | 0.00% |
Apr 25, 2025 | May 15, 2025 | Jun 2, 2025 | $0.3400 | $0.3400 | Quarterly | 0.00% |
Jan 28, 2025 | Feb 18, 2025 | Mar 3, 2025 | $0.3400 | $0.3400 | Quarterly | 0.00% |
Oct 24, 2024 | Nov 15, 2024 | Dec 2, 2024 | $0.3400 | $0.3400 | Quarterly | +4.62% |
Jul 24, 2024 | Aug 15, 2024 | Sep 3, 2024 | $0.3250 | $0.3250 | Quarterly | 0.00% |
Apr 25, 2024 | May 15, 2024 | Jun 3, 2024 | $0.3250 | $0.3250 | Quarterly | 0.00% |
Jan 29, 2024 | Feb 15, 2024 | Mar 1, 2024 | $0.3250 | $0.3250 | Quarterly | 0.00% |
Oct 20, 2023 | Nov 16, 2023 | Dec 1, 2023 | $0.3250 | $0.3250 | Quarterly | +4.17% |
Jul 20, 2023 | Aug 11, 2023 | Sep 1, 2023 | $0.3120 | $0.3120 | Quarterly | 0.00% |
Apr 28, 2023 | May 12, 2023 | Jun 1, 2023 | $0.3120 | $0.3120 | Quarterly | 0.00% |
Feb 3, 2023 | Feb 14, 2023 | Mar 1, 2023 | $0.3130 | $0.3120 | Quarterly | 0.00% |
Oct 21, 2022 | Nov 16, 2022 | Dec 1, 2022 | $0.3130 | $0.3120 | Quarterly | +7.59% |
Jul 22, 2022 | Aug 12, 2022 | Sep 1, 2022 | $0.2900 | $0.2900 | Quarterly | 0.00% |
Apr 22, 2022 | May 13, 2022 | Jun 1, 2022 | $0.2900 | $0.2900 | Quarterly | 0.00% |
Jan 27, 2022 | Feb 14, 2022 | Mar 1, 2022 | $0.2900 | $0.2900 | Quarterly | 0.00% |
Oct 20, 2021 | Nov 16, 2021 | Dec 1, 2021 | $0.2900 | $0.2900 | Quarterly | +6.62% |
Jul 23, 2021 | Aug 13, 2021 | Sep 1, 2021 | $0.2730 | $0.2720 | Quarterly | 0.00% |
Apr 23, 2021 | May 14, 2021 | Jun 1, 2021 | $0.2720 | $0.2720 | Quarterly | 0.00% |
Jan 28, 2021 | Feb 12, 2021 | Mar 1, 2021 | $0.2720 | $0.2720 | Quarterly | 0.00% |
Oct 21, 2020 | Nov 13, 2020 | Dec 1, 2020 | $0.2720 | $0.2720 | Quarterly | +6.25% |
Jul 24, 2020 | Aug 14, 2020 | Sep 1, 2020 | $0.2560 | $0.2560 | Quarterly | 0.00% |
Apr 21, 2020 | May 15, 2020 | Jun 1, 2020 | $0.2560 | $0.2560 | Quarterly | 0.00% |
Jan 29, 2020 | Feb 14, 2020 | Mar 2, 2020 | $0.2560 | $0.2560 | Quarterly | 0.00% |
Oct 22, 2019 | Nov 15, 2019 | Dec 2, 2019 | $0.2560 | $0.2560 | Quarterly | +6.67% |
Jul 24, 2019 | Aug 15, 2019 | Sep 3, 2019 | $0.2400 | $0.2400 | Quarterly | 0.00% |
Apr 25, 2019 | May 15, 2019 | Jun 3, 2019 | $0.2400 | $0.2400 | Quarterly | 0.00% |
Jan 29, 2019 | Feb 15, 2019 | Mar 1, 2019 | $0.2400 | $0.2400 | Quarterly | 0.00% |
Oct 24, 2018 | Nov 15, 2018 | Dec 3, 2018 | $0.2400 | $0.2400 | Quarterly | +7.14% |
Jul 26, 2018 | Aug 15, 2018 | Sep 4, 2018 | $0.2240 | $0.2240 | Quarterly | 0.00% |
Apr 25, 2018 | May 15, 2018 | Jun 1, 2018 | $0.2240 | $0.2240 | Quarterly | 0.00% |
Jan 29, 2018 | Feb 15, 2018 | Mar 1, 2018 | $0.2240 | $0.2240 | Quarterly | 0.00% |
Oct 25, 2017 | Nov 9, 2017 | Dec 1, 2017 | $0.2240 | $0.2240 | Quarterly | +6.16% |
Jul 26, 2017 | Aug 11, 2017 | Sep 1, 2017 | $0.2110 | $0.2110 | Quarterly | 0.00% |
Apr 21, 2017 | May 12, 2017 | Jun 1, 2017 | $0.2110 | $0.2110 | Quarterly | 0.00% |
Feb 1, 2017 | Feb 13, 2017 | Mar 1, 2017 | $0.2110 | $0.2110 | Quarterly | 0.00% |
Oct 26, 2016 | Nov 10, 2016 | Dec 1, 2016 | $0.2110 | $0.2110 | Quarterly | +6.03% |
Jul 26, 2016 | Aug 12, 2016 | Sep 1, 2016 | $0.1990 | $0.1990 | Quarterly | 0.00% |
Apr 28, 2016 | May 13, 2016 | Jun 1, 2016 | $0.1990 | $0.1990 | Quarterly | 0.00% |
Jan 28, 2016 | Feb 12, 2016 | Mar 1, 2016 | $0.1990 | $0.1990 | Quarterly | 0.00% |
Oct 21, 2015 | Nov 12, 2015 | Dec 1, 2015 | $0.1990 | $0.1990 | Quarterly | +3.65% |
Jul 23, 2015 | Aug 14, 2015 | Sep 1, 2015 | $0.1920 | $0.1920 | Quarterly | 0.00% |
Apr 24, 2015 | May 15, 2015 | Jun 1, 2015 | $0.1920 | $0.1920 | Quarterly | 0.00% |
Jan 29, 2015 | Feb 13, 2015 | Mar 2, 2015 | $0.1920 | $0.1920 | Quarterly | 0.00% |
Oct 22, 2014 | Nov 14, 2014 | Dec 1, 2014 | $0.1920 | $0.1920 | Quarterly | +1.05% |
Jul 22, 2014 | Aug 15, 2014 | Sep 2, 2014 | $0.1900 | $0.1900 | Quarterly | 0.00% |
Apr 23, 2014 | May 15, 2014 | Jun 2, 2014 | $0.1900 | $0.1900 | Quarterly | 0.00% |
Jan 31, 2014 | Feb 14, 2014 | Mar 3, 2014 | $0.1900 | $0.1900 | Quarterly | - |
Middlesex Water Company Payout Ratio Analysis
Dividend Sustainability Analysis
Payout Ratio
Conservative payout with excellent safety margin. Company retains significant earnings for growth, acquisitions, or building cash reserves. Dividend is highly sustainable.
FCF Payout Ratio
Negative free cash flow while paying dividends is a major red flag. Company burning cash and cannot sustain dividend without external financing.
Dividend Growth
Dividend cut is concerning. Investigate whether due to one-time factors or fundamental business deterioration. Reassess dividend sustainability.
Sustainability
Dividend sustainability questionable. Monitor closely for signs of stress. Consider whether yield justifies the risk.
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Value Model
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Statements
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Earnings Call
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Dividends
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Analyst Expectations
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