Middlesex Water Company (MSEX) Dividends
Dividend Yield and Dividend History Highlights
- As for its free cash flow/dividend ratio, MSEX's comes in at 3.02 -- better than 92.29% of other US-listed dividend issuers.
- Free cash flow for MSEX has a compound average growth rate of 72.24%, which is higher than 91.52% of stocks in our dividend set.
- As for stocks whose price is uncorrelated with MSEX's price and thus may be suitable peers for a diversified dividend portfolio, check out the following: AEP, CVGW, CL, CSX and ED.
MSEX Price Forecast Based on Dividend Discount Model
| Current Price | DDM Fair Value Target: | Forecasted Gain: |
| $48.00 | $528.41 | 426.56% |
For dividend yielding stocks, the Dividend Discount Model (DDM) is a common valuation tool; it attempts to extrapolate a fair share price based primarily on the dividend the stock provides relative to a number of other quantiative aspects of its business. As for MSEX, the dividend discount model StockNews created for the company implies a positive return of 426.56%. Digging deeper, the aspects of Middlesex Water Co's dividend discount model that we found most interesting were:
- As for its position relative to other Utilities stocks that issue dividends, MSEX provides shareholders with a dividend yield greater than 2.74% such stocks.
- Amongst its dividend-issuing peers in the mid-sized market cap category, MSEX's beta -- a measure of volatility relative to the market at large -- is lower than 94.75% of them.
MSEX Dividend History
| Ex-Dividend Date | Type | Payout Amount | Change |
|---|---|---|---|
| 2024-02-14 | Dividend | $0.33 | -- |
| 2023-11-15 | Dividend | $0.33 | +3.83% |
| 2023-08-10 | Dividend | $0.31 | -- |
| 2023-05-11 | Dividend | $0.31 | -- |
| 2023-02-13 | Dividend | $0.31 | -- |
| 2022-11-15 | Dividend | $0.31 | +7.93% |
| 2022-08-11 | Dividend | $0.29 | -- |
| 2022-05-12 | Dividend | $0.29 | -- |
| 2022-02-11 | Dividend | $0.29 | -- |
| 2021-11-15 | Dividend | $0.29 | +6.23% |
| 2021-08-12 | Dividend | $0.27 | -- |
| 2021-05-13 | Dividend | $0.27 | -- |
| 2021-02-11 | Dividend | $0.27 | -- |
| 2020-11-12 | Dividend | $0.27 | +6.64% |
| 2020-08-13 | Dividend | $0.26 | -- |
| 2020-05-14 | Dividend | $0.26 | -- |
| 2020-02-13 | Dividend | $0.26 | -- |
| 2019-11-14 | Dividend | $0.26 | +6.67% |
| 2019-08-14 | Dividend | $0.24 | -- |
| 2019-05-14 | Dividend | $0.24 | -- |
| 2019-02-14 | Dividend | $0.24 | -- |
| 2018-11-14 | Dividend | $0.24 | +7.14% |
| 2018-08-14 | Dividend | $0.22 | -- |
| 2018-05-14 | Dividend | $0.22 | -- |
| 2018-02-14 | Dividend | $0.22 | -- |
| 2017-11-08 | Dividend | $0.22 | +6.16% |
| 2017-08-09 | Dividend | $0.21 | -- |
| 2017-05-10 | Dividend | $0.21 | -- |
| 2017-02-09 | Dividend | $0.21 | -- |
| 2016-11-08 | Dividend | $0.21 | +6.03% |
| 2016-08-10 | Dividend | $0.20 | -- |
| 2016-05-11 | Dividend | $0.20 | -- |
| 2016-02-10 | Dividend | $0.20 | -- |
| 2015-11-09 | Dividend | $0.20 | +3.38% |
| 2015-08-12 | Dividend | $0.19 | -- |
| 2015-05-13 | Dividend | $0.19 | -- |
| 2015-02-11 | Dividend | $0.19 | -- |
| 2014-11-12 | Dividend | $0.19 | +1.32% |
| 2014-08-13 | Dividend | $0.19 | -- |
| 2014-05-13 | Dividend | $0.19 | -- |
| 2014-02-12 | Dividend | $0.19 | -- |
| 2013-11-13 | Dividend | $0.19 | +1.33% |
| 2013-08-13 | Dividend | $0.19 | -- |
| 2013-05-13 | Dividend | $0.19 | -- |
| 2013-02-13 | Dividend | $0.19 | -- |
| 2012-11-13 | Dividend | $0.19 | +1.35% |
| 2012-08-13 | Dividend | $0.19 | -- |
| 2012-05-11 | Dividend | $0.19 | -- |
| 2012-02-13 | Dividend | $0.19 | -- |
| 2011-11-10 | Dividend | $0.19 | +1.37% |
| 2011-08-11 | Dividend | $0.18 | -- |
| 2011-05-12 | Dividend | $0.18 | -- |
| 2011-02-11 | Dividend | $0.18 | -- |
| 2010-11-10 | Dividend | $0.18 | +1.39% |
| 2010-08-11 | Dividend | $0.18 | -- |
| 2010-05-12 | Dividend | $0.18 | -- |
| 2010-02-10 | Dividend | $0.18 | -- |
| 2009-11-10 | Dividend | $0.18 | +1.41% |
| 2009-08-12 | Dividend | $0.18 | -- |
| 2009-05-13 | Dividend | $0.18 | -- |
| 2009-02-11 | Dividend | $0.18 | -- |
| 2008-11-12 | Dividend | $0.18 | +1.43% |
| 2008-08-13 | Dividend | $0.18 | -- |
| 2008-05-13 | Dividend | $0.18 | -- |
| 2008-02-13 | Dividend | $0.18 | -- |
| 2007-11-13 | Dividend | $0.18 | +1.45% |
| 2007-08-13 | Dividend | $0.17 | -- |
| 2007-05-11 | Dividend | $0.17 | -- |
| 2006-11-13 | Dividend | $0.17 | +1.47% |
| 2006-08-11 | Dividend | $0.17 | -- |
| 2006-05-11 | Dividend | $0.17 | -- |
| 2006-02-13 | Dividend | $0.17 | -- |
| 2005-11-10 | Dividend | $0.17 | +1.49% |
| 2005-08-11 | Dividend | $0.17 | -- |
| 2005-05-11 | Dividend | $0.17 | -- |
| 2005-02-11 | Dividend | $0.17 | -- |
| 2004-11-10 | Dividend | $0.17 | +1.52% |
| 2004-08-11 | Dividend | $0.17 | -- |
| 2004-05-12 | Dividend | $0.17 | -- |
| 2004-02-12 | Dividend | $0.17 | +300.00% |
| 2003-11-17 | Split | 4-3-for-1 Stock Split | N/A |
| 2003-11-12 | Dividend | $0.17 | -23.26% |
| 2003-08-13 | Dividend | $0.22 | -- |
| 2003-05-13 | Dividend | $0.22 | -- |
| 2003-02-12 | Dividend | $0.22 | -- |
| 2002-11-13 | Dividend | $0.22 | +2.38% |
| 2002-08-13 | Dividend | $0.21 | -- |
| 2002-05-13 | Dividend | $0.21 | -- |
| 2002-02-13 | Dividend | $0.21 | +96.87% |
| 2002-01-03 | Split | 3-2-for-1 Stock Split | N/A |
| 2001-11-13 | Dividend | $0.32 | +1.61% |
| 2001-08-13 | Dividend | $0.31 | -- |
| 2001-05-11 | Dividend | $0.31 | -- |
| 2001-02-13 | Dividend | $0.31 | -- |
| 2000-11-13 | Dividend | $0.31 | +1.64% |
| 2000-08-11 | Dividend | $0.31 | -- |
| 2000-05-11 | Dividend | $0.31 | -- |
| 2000-02-11 | Dividend | $0.31 | -- |
| 1999-11-10 | Dividend | $0.31 | +3.39% |
| 1999-08-12 | Dividend | $0.30 | -- |
| 1999-05-12 | Dividend | $0.30 | -- |
| 1999-02-11 | Dividend | $0.30 | -- |
| 1998-11-12 | Dividend | $0.30 | +3.51% |
| 1998-08-12 | Dividend | $0.29 | -- |
| 1998-05-13 | Dividend | $0.29 | -- |
| 1998-02-12 | Dividend | $0.29 | -- |
| 1997-11-12 | Dividend | $0.29 | +1.79% |
| 1997-08-13 | Dividend | $0.28 | -- |
| 1997-05-13 | Dividend | $0.28 | -- |
| 1997-02-12 | Dividend | $0.28 | -- |
| 1996-11-13 | Dividend | $0.28 | +1.82% |
| 1996-08-13 | Dividend | $0.28 | -- |
| 1996-05-13 | Dividend | $0.28 | -- |
| 1996-02-13 | Dividend | $0.28 | -- |
| 1995-11-13 | Dividend | $0.28 | +1.85% |
| 1995-08-11 | Dividend | $0.27 | -- |
| 1995-05-09 | Dividend | $0.27 | -- |
| 1995-02-09 | Dividend | $0.27 | -- |
| 1994-11-08 | Dividend | $0.27 | +2.86% |
| 1994-08-09 | Dividend | $0.26 | -- |
| 1994-05-10 | Dividend | $0.26 | -- |
| 1994-02-09 | Dividend | $0.26 | -- |
| 1993-11-08 | Dividend | $0.26 | +5.00% |
| 1993-08-10 | Dividend | $0.25 | -- |
| 1993-05-10 | Dividend | $0.25 | -- |
| 1993-02-08 | Dividend | $0.25 | +100.00% |
| 1993-01-11 | Dividend | $0.13 | -50.00% |
| 1992-11-06 | Dividend | $0.25 | -47.92% |
| 1992-08-10 | Dividend | $0.48 | -- |
| 1992-05-11 | Dividend | $0.48 | -- |
| 1992-02-10 | Dividend | $0.48 | -- |
| 1991-11-08 | Dividend | $0.48 | +2.13% |
| 1991-08-09 | Dividend | $0.47 | -- |
| 1991-05-09 | Dividend | $0.47 | -- |
| 1991-02-11 | Dividend | $0.47 | -- |
| 1990-11-08 | Dividend | $0.47 | +2.17% |
| 1990-08-09 | Dividend | $0.46 | -- |
| 1990-05-09 | Dividend | $0.46 | -- |
| 1990-02-09 | Dividend | $0.46 | -- |
| 1989-11-09 | Dividend | $0.46 | +3.37% |
| 1989-08-09 | Dividend | $0.45 | -- |
| 1989-05-09 | Dividend | $0.45 | -- |
| 1989-02-09 | Dividend | $0.45 | -- |
| 1988-11-08 | Dividend | $0.45 | -- |
MSEX Dividends vs. Peers
MSEX's dividend yield currently ranks #12 of 16 vs. its peers in the Water category.
| Rank | Symbol | Name | Dividend Yield |
|---|---|---|---|
| 1 | GWRS | Global Water Resources, Inc. - common stock | 0.00% |
| 2 | SJW | SJW Group (DE) | 0.00% |
| 3 | WTRG | Essential Utilities | 0.00% |
| 4 | YORW | The York Water Company | 0.00% |
| 5 | CTWS | Connecticut Water Service, Inc. | 0.00% |
| 6 | OPTT | Ocean Power Technologies, Inc. | 0.00% |
| 7 | ARTNA | Artesian Resources Corporation - Class A Non-Voting | 0.00% |
| 8 | CWCO | Consolidated Water Co. Ltd. - Ordinary Shares | 0.00% |
| 9 | CDZI | Cadiz, Inc. | 0.00% |
| 10 | CWT | California Water Service Group | 0.00% |
| 11 | PCYO | Pure Cycle Corporation | 0.00% |
| 12 | MSEX | Middlesex Water Company | 0.00% |
| 13 | AWK | American Water Works Co. | 0.00% |
| 14 | AWR | American States Water Company | 0.00% |
| 15 | WAAS | AquaVenture Holdings Limited Ordinary Shares | 0.00% |
| 16 | PICO | PICO Holdings Inc. | 0.00% |
Looking for More Information on MSEX dividends?
Here are a few links from around the web to help you further your research on Middlesex Water Co and its dividends:Middlesex Water Co Common Stock (MSEX) Dividend History | Nasdaq
Dividend History for Middlesex Water Co (MSEX) - Dividend Investor
Middlesex Water Co (MSEX) Dividend History - Seeking Alpha