MSEX Dividend History & Analysis | 2.7% Yield

MSEX has a dividend yield of 2.7% and paid 1.44 USD per share in the last 12M. Complete payout history, full analyses and peer comparison.

Yield 12m 2.66%
Payout Ratio 55.6%
Growth Rate CAGR 5y 5.1%
Consistency Lifetime 100%
Yield on Cost 5y 1.5%
Payout FCF 174.2%
Streak Years 5
Dividend Rating 59.1%
Chowder Number yield + growth 7.8% below 15% target for healthy growth
Yield vs Average 5y +47.2% avg 1.81% vs now 2.66%
Debt / EBITDA leverage 4.5x elevated
Income per 10k invested 266 USD per year
Dividends Cash Amount per Share Yearly MSEX annual dividends paid per share, showing the total cash Middlesex Water distributed to shareholders each year.
Dividend Growth Year over Year MSEX year-over-year dividend growth rate, showing how Middlesex Water's dividend per share increased or decreased each year compared to the prior year.
Price and Yield per Payout History MSEX dividend yield history versus share price over the past 5 years, showing how Middlesex Water's payout yield moved at each dividend payment relative to its stock price.
┅┅ Payout Yield (right) Price (left)

Top Dividend Payers in Utilities

Top 10 Dividend Yields of Peer-Group
SYMBOL MARKET CAP USD YIELD TTM YIELD ON COST 5y
CIG NYSE
Companhia Energetica de
6,122 M 10.67% 32.06%
SBS NYSE
Companhia de Saneamento
18,673 M 2.23% 43.59%
ELPC NYSE
Companhia Paranaense de
9,399 M 8.16% 12.03%
ENGI PA
Engie S.A.
69,383 M 4.87% 17.19%
SPH NYSE
Suburban Propane
1,117 M 6.85% 12.38%
NTGY MC
Naturgy Energy
31,417 M 6.59% 11.03%
ENG MC
Enagás S.A.
4,960 M 6.57% 8.18%
ELE MC
Endesa
50,501 M 4.45% 11.78%
ENEL MI
Enel
101,206 M 5.13% 9.56%
ENIC NYSE
Enel Chile
5,962 M 4.46% 10.88%
Top 10 Dividend Growth Rates of Peer-Group
SYMBOL MARKET CAP USD GROWTH RATE CONSISTENCY
PCG NYSE
PG&E
29,402 M 127.67% 87.5%
ELPC NYSE
Companhia Paranaense de
9,399 M 115.99% 100.0%
ENIC NYSE
Enel Chile
5,962 M 79.28% 81.4%
IG MI
Italgas
9,858 M 32.06% 100.0%
CEG NASDAQ
Constellation Energy
90,246 M 27.77% 100.0%
SBS NYSE
Companhia de Saneamento
18,673 M 19.31% 100.0%
VIE PA
Veolia Environnement VE
26,885 M 11.21% 100.0%
MDU NYSE
MDU Resources
3,904 M 16.51% 98.9%
BKW SW
BKW
8,092 M 11.06% 100.0%
NEE NYSE
Nextera Energy
167,650 M 10.04% 100.0%

MSEX Dividend History

Dividend Monthly Return EX date, 4.8 years of data

Jan - -
Feb 0.52% 100
Mar - -
Apr - -
May 0.53% 100
Jun - -
Jul - -
Aug 0.50% 100
Sep - -
Oct - -
Nov 0.46% 100
Dec - -

Average monthly dividend return by ex-dividend date. The score below shows reliability based on how consistently dividends were paid in that month.

Last 20 Payments (USD) as of September 2026
EX-DATE RECORD PAYMENT PERIOD DIV/SHARE GROWTH PAYOUT YIELD
2026-08-17 2026-08-17 2026-09-01 Quarterly 0.36 0% 0.62%
2026-05-15 2026-05-15 2026-06-01 Quarterly 0.36 0% 0.7%
2026-02-17 2026-02-17 2026-03-02 Quarterly 0.36 0% 0.65%
2025-11-17 2025-11-17 2025-12-01 Quarterly 0.36 +5.9% 0.69%
2025-08-15 2025-08-15 2025-09-02 Quarterly 0.34 0% 0.64%
2025-05-15 2025-05-15 2025-06-02 Quarterly 0.34 0% 0.61%
2025-02-18 2025-02-18 2025-03-03 Quarterly 0.34 0% 0.68%
2024-11-15 2024-11-15 2024-12-02 Quarterly 0.34 +4.6% 0.51%
2024-08-15 2024-08-15 2024-09-03 Quarterly 0.325 0% 0.53%
2024-05-14 2024-05-15 2024-06-03 Quarterly 0.325 0% 0.56%
2024-02-14 2024-02-15 2024-03-01 Quarterly 0.325 0% 0.59%
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% 0.39%
2023-05-11 2023-05-12 2023-06-01 Quarterly 0.3125 0% 0.42%
2023-02-13 2023-02-14 2023-03-01 Quarterly 0.3125 0% 0.37%
2022-11-15 2022-11-16 2022-12-01 Quarterly 0.3125 +7.8% 0.35%
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% 0.33%
2022-02-11 2022-02-14 2022-03-01 Quarterly 0.29 0% 0.3%
2021-11-15 2021-11-16 2021-12-01 Quarterly 0.29 0% 0.27%

MSEX Dividend FAQ

What is the Dividend Yield of MSEX?

As of September 2026, MSEX's dividend yield is 2.66%. This is calculated by dividing the trailing 12-month dividend rate (TTM rate) of 1.44 USD by the current share price of 54.92.

Does MSEX pay a dividend?

As of September 2026, MSEX paid a dividend of 1.44 USD in the last 12 months. The last dividend was paid on 2026-08-17 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 2026-08-17.

MSEX dividend forecast

Based on historical data, the forecasted dividends per share for MSEX for the next payments are between 0.369 (+2.5%) and 0.38 (+5.6%). This suggests the dividend will remain relatively stable. The expected Yield for the next 12 months is about 2.74%.

Will MSEX pay dividends in 2026?

The latest dividend paid per share was 0.36 USD with an Ex-Dividend Date of 2026-08-17. 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 5.14% 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 1.52%. If you bought MSEX's shares at 94.67 USD five years ago, your current annual dividend income (1.44 USD per share, trailing 12 months) equals 1.52% 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 2.66% 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 55.6%. 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 59.12%. 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 1.97% annually over the past 3 years (Trend Reliability: 87.9%). 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 18,737,000 +1.64%

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: 2026-09-14 02:05 UTC