---
schema_version: "secwatch.filing_event.v1"
accession: "0001174947-22-001121"
form_type: "8-K"
ticker: "MSEX"
cik: "0000066004"
company_name: "MIDDLESEX WATER CO"
filed_at: "2022-10-28T23:59:59+00:00"
generated_at: "2026-06-22T23:00:43.115928+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Middlesex Water Q3 EPS $0.80, up 23%; revenue $47.7M, +19.7% YoY; dividend raised 7.8%

## Summary
- Q3 diluted EPS $0.80 vs $0.65 in 2021; net income $14.3M, up 24.5%.
- Operating revenue $47.7M, up 19.7% YoY, driven by NJ base rate increase and weather demand.
- Dividend increased 7.76% to $0.3125/share, annual rate $1.25, marking 50th consecutive year of increases.
- Nine-month EPS $1.99 vs $1.66; revenues $123.6M, up $14.5M.
- O&M expenses increased $1.4M due to main breaks, labor, fuel; income taxes up $3.0M.

## SEC filing metadata
- accession: 0001174947-22-001121
- form_type: 8-K
- ticker: MSEX
- cik: 0000066004
- company_name: MIDDLESEX WATER CO
- filed_at: 2022-10-28T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/66004/000117494722001121/0001174947-22-001121-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/66004/000117494722001121/form8k-28900_msx.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001174947-22-001121
- JSON: https://secwatch.observer/filing/0001174947-22-001121.json
- Plain text: https://secwatch.observer/filing/0001174947-22-001121.txt

## Key facts
- Earnings Releases
  MIDDLESEX WATER CO reported third quarter ended September 30, 2022 results: revenue $47.7 million, net income $14.3 million, EPS $0.80.
  - Period: third quarter ended September 30, 2022
  - Revenue: $47.7 million
  - Net income: $14.3 million
  - EPS: $0.80
  - Result: reported results
  source text: Consolidated operating revenues for the three months ended September 30, 2022 increased $7.9 million to $47.7 million compared to the same period in 2021.
  evidence_url: https://www.sec.gov/Archives/edgar/data/66004/000117494722001121/0001174947-22-001121-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.