MDU Resources to pay common stock dividend on July 1
MDU Resources Group Inc.'s board of directors recently announced the company's last quarter common stock dividend will remain at 19.75 cents per share for the current quarter.
According to an MDU press statement, the dividend will be payable on July 1 to stockholders of record as of June 14.
MDU, an S&P MidCap 400 index and S&P High-Yield Dividend Aristocrats index member, provides energy delivery and construction materials and services. Originally founded as an electric utility company in 1924, it served a small number of rural communities near the Montana and North Dakota borders.
Today, MDU's utility companies have over 1 million customers throughout eight states.
MDU's Construction Services Group specializes in construction and maintenance of electric and communication lines and gas pipelines as well as external lighting and traffic signalization equipment. MDU's pipeline business includes WBI Energy, which provides natural gas transportation and underground storage through pipeline systems.
The company joined the New York Stock Exchange in 1948 and is one of North Dakota's largest publicly traded companies.