dividend
confidence high
sentiment positive
materiality 0.35
Middlesex Water corrects dividend increase to 7.76%, declares $0.3125 quarterly dividend
MIDDLESEX WATER CO
- Quarterly cash dividend raised to $0.3125 per share from $0.29; annual rate now $1.25.
- Dividend payable December 1, 2022 to shareholders of record November 16, 2022.
- Increase marks 50th consecutive year of dividend growth; company celebrates 125th anniversary.
- Filing corrects previously reported 7.6% increase to 7.76% as originally intended.