Business

Is It Time To Review Stock News? MDU Resources Group (NYSE:MDU)

 On Thursday MDU Resources Group (NYSE:MDU) stock recorded daily change of -0.34% to close at $28.99 with the total traded volume of 828562 shares along average volume of 1019392 shares 52 week range of the stock remained $ ISTR – 29.46 while its day low price was $28.96 and its hit its day high price at $29.22. Its previous closing value stands at $29.09. MDU total market capitalization is $5809132114. Currently stocks EPS is $1.34 while its price to earnings ratio is 21.59.

On Nov. 14, 2019, MDU Resources Group (NYSE:MDU) board of directors  increased the company’s quarterly common stock dividend to 20.75 cents per share, for an annualized dividend of 83 cents per share. The previous quarterly dividend was 20.25 cents per share.

This is the 29th consecutive year that MDU Resources has increased its common stock dividend and the 82nd year the company has paid uninterrupted dividends to shareholders. Of the U.S.-listed, dividend-paying companies, fewer than 90 have increased their stock dividend as many consecutive years as MDU Resources.

We are extremely proud of our long-standing commitment to paying dividends as part of the total value our shareholders experience from their investment in MDU Resources, said Dennis W. Johnson, chair of the board.

MDU Resources is listed on the S&P High-Yield Dividend Aristocrats index, which measures the performance of companies within the S&P Composite 1500 that have followed a managed-dividends policy of consistently increasing dividends every year for at least 20 years.

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