Middlesex Water Company declares a quarterly dividend of $0.34, payable September 2, 2025.
Quiver AI Summary
Middlesex Water Company has announced a quarterly cash dividend of $0.34 per share, which will be payable on September 2, 2025, to shareholders recorded by August 15, 2025. Established in 1897, Middlesex is a leading investor-owned water and wastewater utility serving over half a million customers in New Jersey and Delaware. The company emphasizes employee engagement, operational excellence, and sustainable growth to enhance customer and investor value.
Potential Positives
- The Board of Directors declared a quarterly cash dividend of $0.34 per share, demonstrating the company's commitment to returning value to shareholders.
- This dividend announcement signals financial stability and strength within Middlesex Water Company, providing confidence to investors.
- The company has a long history, being established in 1897, which reflects its experience and reliability in the water utility sector.
- Middlesex Water Company serves over half a million people, indicating a significant operational scale and community impact.
Potential Negatives
- Declaring a cash dividend may imply that the company is prioritizing short-term shareholder returns over reinvestment in business growth or infrastructure improvements, which could impact long-term sustainability.
FAQ
What is the quarterly cash dividend declared by Middlesex Water Company?
Middlesex Water Company has declared a quarterly cash dividend of $0.34 per share.
When will the dividend be payable?
The dividend will be payable on September 2, 2025.
Who is eligible to receive the dividend?
Shareholders of record as of August 15, 2025, are eligible to receive the dividend.
What services does Middlesex Water Company provide?
Middlesex Water Company provides water and wastewater utility services to over half a million people in New Jersey and Delaware.
What is Middlesex Water’s focus for growth and customer satisfaction?
The company focuses on employee engagement, operational excellence, and sustainable growth to enhance customer value.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$MSEX Insider Trading Activity
$MSEX insiders have traded $MSEX stock on the open market 3 times in the past 6 months. Of those trades, 0 have been purchases and 3 have been sales.
Here’s a breakdown of recent trading of $MSEX stock by insiders over the last 6 months:
- DENNIS W DOLL sold 4,067 shares for an estimated $244,203
- WALTER G REINHARD has made 0 purchases and 2 sales selling 1,002 shares for an estimated $59,596.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$MSEX Hedge Fund Activity
We have seen 94 institutional investors add shares of $MSEX stock to their portfolio, and 99 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- FIRST TRUST ADVISORS LP added 318,598 shares (+81.7%) to their portfolio in Q1 2025, for an estimated $20,422,131
- BLACKROCK, INC. removed 211,507 shares (-6.1%) from their portfolio in Q1 2025, for an estimated $13,557,598
- GAMMA INVESTING LLC removed 135,411 shares (-97.4%) from their portfolio in Q2 2025, for an estimated $7,336,567
- ZIMMER PARTNERS, LP added 112,257 shares (+inf%) to their portfolio in Q1 2025, for an estimated $7,195,673
- PENN CAPITAL MANAGEMENT COMPANY, LLC removed 74,082 shares (-100.0%) from their portfolio in Q1 2025, for an estimated $4,748,656
- LEGAL & GENERAL GROUP PLC added 59,758 shares (+30.5%) to their portfolio in Q1 2025, for an estimated $3,830,487
- D. E. SHAW & CO., INC. added 55,299 shares (+350.5%) to their portfolio in Q1 2025, for an estimated $3,544,665
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
$MSEX Analyst Ratings
Wall Street analysts have issued reports on $MSEX in the last several months. We have seen 2 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- Janney Montgomery Scott issued a "Buy" rating on 05/12/2025
- Baird issued a "Outperform" rating on 03/03/2025
To track analyst ratings and price targets for $MSEX, check out Quiver Quantitative's $MSEX forecast page.
$MSEX Price Targets
Multiple analysts have issued price targets for $MSEX recently. We have seen 2 analysts offer price targets for $MSEX in the last 6 months, with a median target of $63.5.
Here are some recent targets:
- Michael Gaugler from Janney Montgomery Scott set a target price of $66.0 on 05/12/2025
- Davis Sunderland from Baird set a target price of $61.0 on 03/03/2025
Full Release
ISELIN, N.J., July 23, 2025 (GLOBE NEWSWIRE) -- Middlesex Water Company (NASDAQ: MSEX) announced today that its Board of Directors has declared a quarterly cash dividend of $0.34 per share on its common stock, payable September 2, 2025 to shareholders of record as of August 15, 2025.
About Middlesex Water Company
Middlesex Water Company (“Middlesex”) is one of the nation’s premier investor-owned water and wastewater utilities. Established in 1897, Middlesex is a trusted provider of life-sustaining services to more than half a million people in New Jersey and Delaware. The company focuses on employee engagement, operational excellence, superior customer experience, investment in infrastructure, and selective and sustainable growth to deliver value to our customers, investors, and the communities we serve.
Media Contact
:
Brian Hague, Vice President of Communications & Corporate Affairs
[email protected]
(732) 638-7549
Investor Relations Contact:
Jennifer Ketschke, Director of Treasury and Investor Relations
[email protected]
(732) 638-7523
