dividend
confidence high
sentiment neutral
materiality 0.60
MDU Resources declares Q2 dividend of $0.2225/share, to review policy after Knife River spinoff
MDU RESOURCES GROUP INC
- Quarterly dividend of $0.2225 per share, unchanged from prior quarter, payable July 1, record June 13.
- Board to review dividend practice after Knife River spinoff, aiming to align payout with pure-play regulated energy delivery peers.
- Spinoff of Knife River approved: pro rata distribution on May 31 to holders of record May 22.
- Any dividend changes from review would apply to future periods; July 1 dividend not affected.