---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-25-047818"
form_type: "8-K"
ticker: "MSEX"
cik: "0000066004"
company_name: "MIDDLESEX WATER CO"
filed_at: "2025-10-31T23:59:59+00:00"
generated_at: "2026-05-17T01:10:41.503208+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Middlesex Water Q3 EPS $0.77 vs $0.80 YoY; revenue down; dividend raised 5.88%

## Summary
- Diluted EPS $0.77 vs $0.80 in Q3 2024; net income $14.0M vs $14.3M.
- Operating revenue $54.1M, down $1.0M YoY on lower consumption; operating expenses down $1.2M to $36.4M.
- Invested $72M in infrastructure YTD (77% of $93M budget); filed fourth DSIC rate application for $0.9M annual revenues.
- Dividend raised 5.88% to $0.36/share, annual rate $1.44; payable Dec 1 to holders of record Nov 17.
- Signed agreement to acquire Pinewood Acres water utility in DE for $0.2M, serving ~350 customers.

## SEC filing metadata
- accession: 0001628280-25-047818
- form_type: 8-K
- ticker: MSEX
- cik: 0000066004
- company_name: MIDDLESEX WATER CO
- filed_at: 2025-10-31T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/66004/000162828025047818/0001628280-25-047818-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/66004/000162828025047818/msex-20251031.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-25-047818
- JSON: https://secwatch.observer/filing/0001628280-25-047818.json
- Plain text: https://secwatch.observer/filing/0001628280-25-047818.txt

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