Gold prices suffer profit taking ahead of likely Fed cut; PCE inflation due
BISMARCK, N.D. - MDU Resources Group, Inc. (NYSE:MDU) announced Thursday that its board of directors has declared a quarterly dividend of 14 cents per share on the company's common stock, maintaining the same rate as the previous quarter.
The dividend will be payable on January 1, 2026, to stockholders of record as of December 11, 2025, according to a press release statement from the utility and pipeline company.
The board reaffirmed its commitment to a long-term dividend payout ratio target of 60% to 70% of earnings.
MDU Resources, a member of the S&P SmallCap 600 index, provides electric utility and natural gas distribution services to more than 1.2 million customers across the Pacific Northwest and Midwest regions. The company also operates a natural gas pipeline network spanning over 3,800 miles with storage systems throughout the Northern Plains.
The company's dividend announcement comes as part of its regular quarterly financial activities.
In other recent news, MDU Resources Group Inc. announced its third-quarter 2025 financial results, which presented a mixed outcome for the company. The company reported earnings per share (EPS) of $0.09, which did not meet the forecasted $0.105, marking a 14.29% negative surprise. However, the company's revenue was a bright spot, coming in at $315.1 million, surpassing expectations by 37.87%. Despite the earnings miss, the revenue beat indicates strong sales performance. The company's stock responded positively to these results. These developments are part of the latest updates surrounding MDU Resources. Investors and analysts will likely keep an eye on how the company navigates the challenges and opportunities ahead.
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