MDU Resources Group, Inc.
MDUUtilities · Stock · quarterly payer
Forward Yield
2.88%
Annual Dividend
$0.57
Payout Ratio
60%
5-Yr Growth
11.2%
Ex-Date
Sep 10, 2026
Frequency
Quarterly
Summary
As of September 2026, MDU Resources Group, Inc. (MDU) yields 2.88% ($0.57 per share annually), with a blended fair-value estimate of $20.32 — +4% upside, so it screens as fairly valued. Dividend safety grade: C (58/100). 1 years of dividend growth.
Is MDU a good dividend stock?
Yes, with caveatsMDU Resources Group, Inc. (MDU) pays a quarterly dividend yielding 2.88% ($0.57/yr), with 1 year of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.
Advantages
- Comfortable payout ratio (60%)
- Strong 11.2% 5-yr dividend growth
- 73% total price return over 5 years
Risks
- Cut its dividend in 2024
Key Data
- Dividend Yield
- 2.88%
- Payout Ratio
- 60%
- Annual Dividend
- $0.57
- 5-Yr Avg Growth
- 11.2%
- Ex-Dividend Date
- Sep 10, 2026
- Years of Growth
- 1
- Frequency
- quarterly
- Beta
- 0.38
- Market Cap
- $4.0B
- P/E Ratio
- 20.9
- 5-Yr Total Return
- 73%
- 52-Week Range
- $15.76 – $22.98
- Dividend Safety
- C · 58/100
- Ever Cut?
- Yes (2024)
Frequently Asked Questions
MDU Price — Last 12 Months
Daily close
Price Return
1 Year
+10%
3 Years
+80%
5 Years
+73%
52-Week Range
$15.76 – $22.98
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is MDU worth?
Fairly valuedmedium confidenceOur blended fair-value estimate for MDU Resources Group, Inc. is $20.32 per share, versus a market price of $19.57. That implies the stock is roughly fairly priced.
Fair Value
$20.32
Current Price
$19.57
Gap
+4%
Margin of Safety
4%
How we get there
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about 40.0% annual free-cash-flow growth. We model 9.4% — so the price already assumes faster growth than we think is likely.
Assumptions: 7.0% discount rate (CAPM), 9.4% stage-1 growth, 2.5% terminal growth, $0.94 EPS, $0.57 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
MDU Dividend Safety Score
Borderline
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Sep 10, 2026 | — | $0.1450 | regular |
| Jun 11, 2026 | — | $0.1400 | regular |
| Mar 12, 2026 | — | $0.1400 | regular |
| Dec 11, 2025 | — | $0.1400 | regular |
| Sep 11, 2025 | — | $0.1400 | regular |
| Jun 12, 2025 | — | $0.1300 | regular |
| Mar 13, 2025 | — | $0.1300 | regular |
| Dec 12, 2024 | — | $0.1300 | regular |
| Sep 12, 2024 | — | $0.0720 | regular |
| Jun 13, 2024 | — | $0.0693 | regular |
| Mar 13, 2024 | — | $0.0693 | regular |
| Dec 13, 2023 | — | $0.0693 | regular |
| Sep 13, 2023 | — | $0.0693 | regular |
| Jun 12, 2023 | — | $0.1235 | regular |
Income Calculator
At $0.57 / yr per share
