Middlesex Water Company
S&P 500MSEX/Utilities · Utilities - Regulated Water/NASDAQ
Dividend Yield
2.74%
$1.42 · Annual Dividend
Dividend Safety Rating
MSEX's dividend appears safe and well-supported. Strengths include a 58.3% earnings payout ratio & 42.7% cfo payout ratio. Areas of concern: 0.4x current ratio. The dividend has been growing at a 5.79% 5-year CAGR. As a utility, higher payout ratios and leverage are typical for this regulated sector.
Based on 15 of 15 metrics
Strengths
- Earnings Payout Ratio: 58.3%Low earnings payout ratio leaves room to grow the dividend.
- Debt-to-Equity: 85.2Conservative debt level relative to equity.
- Operating Margin: 29.3%Healthy operating margin provides a wide buffer.
Risks
- Current Ratio: 0.4xLimited short-term liquidity to meet obligations.
Payout & Coverage
SafeBalance Sheet
CautionProfitability
SafeDividend Track Record
Very SafeAbout Middlesex Water Company
Middlesex Water Company owns and operates regulated water utility and wastewater systems primarily in New Jersey and Delaware. It functions through two main segments: Regulated and Non-Regulated. The Regulated segment collects, treats, and distributes potable water on a retail and wholesale basis to residential, commercial, industrial, and fire protection customers, while also managing regulated wastewater services such as Pinelands Wastewater in New Jersey. The Non-Regulated segment delivers contract services for the operation and maintenance of municipal and private water and wastewater systems. Middlesex Water Company serves essential community needs by ensuring reliable access to clean water and effective wastewater management, contributing to public health and infrastructure resiliency in its operating regions, including areas like Middlesex, Tidewater, Pinelands Water, and Southern Shores. Founded in 1896 and headquartered in Iselin, New Jersey, it plays a vital role in the U.S. utilities sector as a stable provider of critical water services.
Dividend Overview
Dividend Yield
2.74%
Annual Dividend
$1.42
Frequency
Quarterly
Payout Ratio
58.33%
FCF Payout Ratio
68.15%
52-Week Range
$44.17 - $62.18
Dividend History (2016–2025)
MSEX annual dividend per share and yield history
Earnings & Profitability
MSEX earnings per share and net profit margin
Key Dates
Last Ex-Dividend Date
May 15, 2026
Last Payment Date
June 1, 2026
Dividend Growth
3-Year Dividend CAGR
5.28%
5-Year Dividend CAGR
5.79%
10-Year Dividend CAGR
5.92%
3-Year Total Growth
16.70%
5-Year Total Growth
32.53%
10-Year Total Growth
77.79%
Income Calculator
Frequently Asked Questions
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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.