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MDU Resources Group, Inc. (MDU) logo

MDU Resources Group, Inc.

S&P 500

MDU/Utilities · Utilities - Regulated Gas/NYSE

Dividend Yield

2.64%

$0.56 · Annual Dividend

Stock Price$21.70P/E23.0MCap4.4BLast update: Jun 26, 2026 at 06:56

Dividend Safety Rating

67/ 100Safe

MDU's dividend appears safe and well-supported. Strengths include a 59.8% earnings payout ratio & 30.3% fcf payout ratio. Areas of concern: 3.0x interest coverage & 0.8x current ratio. As a utility, higher payout ratios and leverage are typical for this regulated sector.

Based on 15 of 15 metrics

Strengths

  • Earnings Payout Ratio: 59.8%Low earnings payout ratio leaves room to grow the dividend.
  • FCF Payout Ratio: 30.3%Free cash flow comfortably covers the dividend.
  • CFO Payout Ratio: 22.8%Operating cash flow strongly supports the payout.

Risks

  • 5-Year Dividend CAGR: -1.2%Dividend growth has been weak or negative.
  • Interest Coverage: 3.0xInterest coverage is thin relative to debt servicing.
  • Current Ratio: 0.8xLimited short-term liquidity to meet obligations.

Payout & Coverage

Safe
59.8%Very Safe
30.3%Very Safe
22.8%Very Safe

Balance Sheet

Caution
0.8xWarning
89.4Very Safe

Profitability

Caution
6.7%Warning
33.9%Caution

Dividend Track Record

Safe
11+ yrsVery Safe
NoneVery Safe

About MDU Resources Group, Inc.

MDU Resources Group, Inc. operates as a diversified natural resources company primarily within the United States. Its key function lies in the delivery and development of essential infrastructure, focusing on electric and natural gas services alongside construction materials and services. With a rich history that traces back to its founding in 1924, the company plays a crucial role in sectors such as energy distribution, construction, and mining. MDU Resources is recognized for its two major operational segments: Utility segment, which includes the electric and natural gas services, ensuring uninterrupted power and energy delivery to residential, commercial, and industrial customers; and Construction Materials and Services segment, which encompasses the production of aggregates, asphalt, and ready-mix concrete, alongside heavy construction services. Headquartered in Bismarck, North Dakota, MDU Resources Group's strategic operations contribute significantly to building and maintaining the infrastructure that drives economic growth and development across various regions in the U.S., marking its significance in the financial market.

Dividend Overview

Dividend Yield

2.64%

Annual Dividend

$0.56

Frequency

Quarterly

Payout Ratio

59.78%

FCF Payout Ratio

30.26%

52-Week Range

$15.76 - $22.98

Dividend History (2016–2025)

MDU annual dividend per share and yield history

Earnings & Profitability

MDU earnings per share and net profit margin

Key Dates

Last Ex-Dividend Date

June 11, 2026

Next Payment Date

July 1, 2026

Dividend Growth

3-Year Dividend CAGR

-3.48%

5-Year Dividend CAGR

-1.18%

10-Year Dividend CAGR

0.68%

3-Year Total Growth

-10.07%

5-Year Total Growth

-5.78%

10-Year Total Growth

7.04%

Income Calculator

MDU Dividend Calculator

Total Investment

$2,170.00

Annual Income

$56.00

Quarterly Income

$14.00

Monthly Income

$4.67

Frequently Asked Questions

What is MDU's current dividend yield?
MDU Resources Group, Inc. (MDU) currently has a dividend yield of 2.64%, based on a stock price of $21.70 and an annual dividend of $0.56.
When is MDU's next dividend payment date?
MDU's next ex-dividend date is 2026-06-11 and the next payment date is 2026-07-01. You must own the stock before the ex-dividend date to receive the upcoming payment.
How much does MDU pay in dividends per year?
MDU Resources Group, Inc. paid $0.54 per share in annual dividends in 2025. The dividends are paid quarterly.
Has MDU been increasing its dividend?
MDU Resources Group, Inc. has grown its dividend at a 5-year CAGR of -1.18% and a 10-year CAGR of 0.68%.
Is MDU's dividend safe?
MDU Resources Group, Inc. has a payout ratio of 59.78%. Its free cash flow payout ratio is 30.26%. A payout ratio below 60% is generally considered sustainable.
How is MDU's Dividend Safety Rating calculated?
The Dividend Safety Rating evaluates MDU Resources Group, Inc.'s dividend sustainability across four categories: Payout & Coverage (30%), Balance Sheet (20%), Profitability (20%), and Dividend Track Record (30%). Each metric is rated from "Very Safe" to "Danger" based on industry-standard thresholds, with sector-specific adjustments for utilities companies. The overall score ranges from 0 to 100.

Want to understand how we rate dividend safety? Read our full methodology

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This page is not investment advice. The content is for informational purposes only and should not be construed as a recommendation to buy, sell, or hold any security. Always do your own research and consult a qualified financial advisor before making investment decisions.

Financial data, including dividend history, earnings, balance sheet metrics, and the Dividend Safety Rating, is provided for informational purposes only. Data may be delayed or differ from official filings. Past performance does not guarantee future results. Always verify with official sources before making investment decisions.

Market data provided by Twelve Data.