SmarterDividends
MDU

MDU Resources Group, Inc.

MDU

Utilities · Stock · quarterly payer

Forward Yield

2.65%

Annual Dividend

$0.56

Payout Ratio

60%

5-Yr Growth

11.3%

Ex-Date

Jun 11, 2026

Frequency

Quarterly

MDU Dividend Safety Score

58/ 100
Grade C

Borderline

Dividend-growth streak1 consecutive years of growth
Cut historyCut its dividend in 2024
Earnings payout coverage60% of earnings paid out
Balance-sheet strengthDebt/equity of 0.89
Yield vs its historyYield in line with its history

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

Is MDU a good dividend stock?

Yes, with caveats

MDU Resources Group, Inc. (MDU) pays a quarterly dividend yielding 2.65% ($0.56/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 11.3% 5-yr dividend growth
  • 79% total price return over 5 years

Risks

  • Cut its dividend in 2024

Key Data

Dividend Yield
2.65%
Payout Ratio
60%
Annual Dividend
$0.56
5-Yr Avg Growth
11.3%
Ex-Dividend Date
Jun 11, 2026
Years of Growth
1
Frequency
quarterly
Beta
0.38
Market Cap
$4.4B
P/E Ratio
23.0
5-Yr Total Return
79%
52-Week Range
$15.76 – $22.98
Dividend Safety
C · 58/100
Ever Cut?
Yes (2024)
MDU ex-dividend date & scheduleNext ex-date Jun 11, 2026 · full ex-dividend historyView →

Frequently Asked Questions

Income Calculator

At $0.56 / yr per share

Per payment (quarterly)$14.00
Annual$56.00
Monthly avg$4.67