MSEX Dividend History & Analysis | 2.7% Yield

MSEX has a dividend yield of 2.7% and paid 1.42 USD per share in the last 12M. Complete payout history, full analyses and peer comparison.

Yield 12m 2.69%
Payout Ratio 59.2%
Growth Rate CAGR 5y 5.3%
Consistency Lifetime 100%
Yield on Cost 5y 1.8%
Payout FCF 168.3%
Streak Years 5
Dividend Rating 59.5%
Dividends Cash Amount per Share Yearly This chart shows the yearly cash amount paid as dividends per share.
Dividend Growth Year over Year This chart shows the annual dividend growth rate compared to the previous year.
5 Years Chart with Price and Dividend Yield This chart shows the dividend yield and price over time. Price is displayed as gray area (left axis), yield as dark blue line (right axis) and average yield as orange dashed line.
Payout Yield (right) Price (left) ┅┅ Avg Payout Yield

Top Dividend Payers in Water Utilities

Top 3 Dividend Yields of Peer-Group
SYMBOL MARKET CAP USD YIELD TTM YIELD ON COST 5y
SBS 19,006 M 2.23% 39.95%
AWR 3,072 M 2.71% 2.73%
CWCO 479 M 1.70% 4.72%
Top 5 Dividend Growth Rates of Peer-Group
SYMBOL MARKET CAP USD GROWTH RATE CONSISTENCY
SBS 19,006 M 19.31% 100.0%
CWCO 479 M 13.33% 97.2%
AWR 3,072 M 8.31% 100.0%
AWK 24,307 M 8.13% 100.0%
WTRG 10,597 M 6.42% 100.0%
MSEX Dividend History: Last 20 Payments (USD) as of June 2026
EX-DATE RECORD PAYMENT PERIOD DIV/SHARE GROWTH PAYOUT YIELD
2026-05-15 2026-05-15 2026-06-01 Quarterly 0.36 0% 0.701%
2026-02-17 2026-02-17 2026-03-02 Quarterly 0.36 0% 0.648%
2025-11-17 2025-11-17 2025-12-01 Quarterly 0.36 +5.9% 0.693%
2025-08-15 2025-08-15 2025-09-02 Quarterly 0.34 0% 0.643%
2025-05-15 2025-05-15 2025-06-02 Quarterly 0.34 0% 0.613%
2025-02-18 2025-02-18 2025-03-03 Quarterly 0.34 0% 0.677%
2024-11-15 2024-11-15 2024-12-02 Quarterly 0.34 +4.6% 0.513%
2024-08-15 2024-08-15 2024-09-03 Quarterly 0.325 0% 0.529%
2024-05-14 2024-05-15 2024-06-03 Quarterly 0.325 0% 0.559%
2024-02-14 2024-02-15 2024-03-01 Quarterly 0.325 0% 0.594%
2023-11-15 2023-11-16 2023-12-01 Quarterly 0.325 +4% 0.49%
2023-08-10 2023-08-11 2023-09-01 Quarterly 0.3125 0% 0.387%
2023-05-11 2023-05-12 2023-06-01 Quarterly 0.3125 0% 0.423%
2023-02-13 2023-02-14 2023-03-01 Quarterly 0.3125 0% 0.368%
2022-11-15 2022-11-16 2022-12-01 Quarterly 0.3125 +7.8% 0.348%
2022-08-11 2022-08-12 2022-09-01 Quarterly 0.29 0% 0.31%
2022-05-12 2022-05-13 2022-06-01 Quarterly 0.29 0% 0.328%
2022-02-11 2022-02-14 2022-03-01 Quarterly 0.29 0% 0.302%
2021-11-15 2021-11-16 2021-12-01 Quarterly 0.29 +6.4% 0.274%
2021-08-12 2021-08-13 2021-09-01 Quarterly 0.2725 0% 0.258%

MSEX Dividend FAQ

What is the Dividend Yield of MSEX?

As of June 2026, MSEX's dividend yield is 2.69%. This is calculated by dividing the trailing 12-month dividend rate (TTM rate) of 1.42 USD by the current share price of 52.46.

Does MSEX pay a dividend?

As of June 2026, MSEX paid a dividend of 1.42 USD in the last 12 months. The last dividend was paid on 2026-05-15 and the payout was 0.36 USD.

How often does MSEX pay dividends?

MSEX pays dividends quarterly. Over the last 12 months, MSEX has issued 4 dividend payments. The last dividend payment was made on 2026-05-15.

MSEX dividend forecast

Based on historical data, the forecasted dividends per share for MSEX for the next payments are between 0.36 (+0.0%) and 0.383 (+6.4%). This suggests the dividend will remain relatively stable. The expected Yield for the next 12 months is about 2.85%.

Will MSEX pay dividends in 2026?

The latest dividend paid per share was 0.36 USD with an Ex-Dividend Date of 2026-05-15. The next Ex-Dividend date for Middlesex Water (MSEX) is currently unknown.

What is the next Ex-Dividend Date for MSEX?

The next Ex-Dividend date for Middlesex Water (MSEX) is currently unknown. We automatically update the next Ex-Dividend date when it is announced.

What is the Dividend Growth of MSEX?

MSEX's average dividend growth rate over the past 5 years is 5.25% per year. Strong growth: MSEX's dividend growth is outpacing inflation.

What is the Yield on Cost of MSEX?

MSEX's 5-Year Yield on Cost is 1.80%. If you bought MSEX's shares at 78.85 USD five years ago, your current annual dividend income (1.42 USD per share, trailing 12 months) equals 1.80% of your original purchase price.

What is the Payout Consistency of MSEX?

MSEX Payout Consistency is 100.0%. The payout consistency is a proprietary measure of how consistently a company has paid dividends over its lifetime and blends growth rate, number of dividend payments, interruptions or lowering dividends into one number. Very consistent: Middlesex Water has a strong track record of consistent dividend payments over its lifetime.

Does MSEX have a good Dividend Yield?

MSEX's 2.69% Dividend Yield is considered as moderate. This is usually a sign of a value company.

What is the Dividend Payout Ratio of MSEX?

The Dividend Payout Ratio of MSEX is 59.2%. Healthy - Leaves room for growth and provides some protection to maintain dividends even in a recession.

What is the Dividend Rating of MSEX?

MSEX's Overall Dividend Rating is 59.47%. Ratings surpassing 65% are regarded as acceptable, exceeding 75% are favorable and surpassing 85% are strong.

MSEX Outstanding Shares Analysis
The Chart shows the outstanding shares over time per year.
What is the Trend in MSEX's Outstanding Shares?

Middlesex Water's outstanding shares have increased by approximately 1.52% annually over the past 3 years (Trend Reliability: 89.9%). Neutral: Share count is relatively stable with minor dilution. This has minimal impact on dividend per share calculations.

Has MSEX ever had a Stock Split?

Yes, the last stock split was on Nov 17, 2003 with a ratio of 4:3. This was a forward split: Each share became 1.33 shares, lowering the price proportionally. The dividend per share was also adjusted downward by the same ratio, so total dividend income remained unchanged.

YEAR NUMBER OF SHARES ANNUAL GROWTH RATE
1985 5,873,100 0%
1986 5,949,000 +1.29%
1987 5,989,000 +0.67%
1988 6,061,000 +1.2%
1989 6,396,800 +5.54%
1990 7,093,200 +10.89%
1991 6,805,100 -4.06%
1992 7,424,800 +9.11%
1993 7,822,200 +5.35%
1994 8,201,000 +4.84%
1995 8,884,400 +8.33%
1996 8,662,300 -2.5%
1997 8,567,100 -1.1%
1998 9,650,300 +12.64%
1999 10,010,500 +3.73%
2000 10,104,900 +0.94%
2001 10,186,200 +0.8%
2002 10,378,200 +1.88%
2003 10,579,100 +1.94%
2004 11,367,500 +7.45%
2005 11,593,600 +1.99%
2006 13,176,000 +13.65%
2007 13,254,000 +0.59%
2008 13,413,000 +1.2%
2009 13,538,000 +0.93%
2010 15,576,000 +15.05%
2011 15,692,000 +0.74%
2012 15,806,000 +0.73%
2013 15,974,000 +1.06%
2014 16,132,000 +0.99%
2015 16,157,100 +0.16%
2016 16,757,900 +3.72%
2017 16,593,800 -0.98%
2018 16,179,100 -2.5%
2019 17,480,400 +8.04%
2020 17,466,000 -0.08%
2021 17,578,000 +0.64%
2022 17,642,000 +0.36%
2023 17,821,000 +1.01%
2024 17,954,000 +0.75%
2025 18,435,000 +2.68%
2026 18,435,000 0%

Key Metric Definitions

Dividend Yield

Annual dividend per share divided by current share price.

Payout Ratio

Percentage of earnings paid as dividends. Below 60% = safe, above 100% = unsustainable.

Payout FCF

Percentage of Free Cash Flow paid as dividends. More reliable than Payout Ratio since it measures actual cash.

Growth Rate (CAGR)

Compound annual growth rate of dividends over the last 5 years.

Consistency

Reliability of dividend payments over lifetime. Penalizes cuts and pauses.

Yield on Cost

Your effective yield if you bought 5 years ago. Shows dividend growth impact over time.

Streak

Consecutive years of dividend payments. 25+ years = Dividend Aristocrat.

Dividend Rating

Proprietary score (0-100) combining yield, growth, safety and consistency.

Last update: 2026-06-12 14:15 UTC