Middlesex Water Company
MSEX38 yrs growthUtilities · Stock · quarterly payer
$52.38
Add to PortfolioForward Yield
2.71%
Annual Dividend
$1.42
Payout Ratio
58%
5-Yr Growth
5.8%
Ex-Date
May 15, 2026
Frequency
Quarterly
MSEX Dividend Safety Score
89/ 100
Grade A
Very Safe
Dividend-growth streak38 consecutive years of growth
Cut historyNever cut its dividend on record
Earnings payout coverage58% of earnings paid out
Balance-sheet strengthDebt/equity of 0.85
Yield vs its historyYield is 1.5× its 5-yr average — elevated
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 MSEX a good dividend stock?
YesMiddlesex Water Company (MSEX) pays a quarterly dividend yielding 2.71% ($1.42/yr), with 38 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.
Advantages
- Dividend Aristocrat — 38 consecutive years of growth
- Never cut its dividend on record
- Comfortable payout ratio (58%)
- Strong 5.8% 5-yr dividend growth
- Top-tier dividend safety score
Risks
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 2.71%
- Payout Ratio
- 58%
- Annual Dividend
- $1.42
- 5-Yr Avg Growth
- 5.8%
- Ex-Dividend Date
- May 15, 2026
- Years of Growth
- 38
- Frequency
- quarterly
- Beta
- 0.78
- Market Cap
- $975.5M
- P/E Ratio
- 21.8
- 5-Yr Total Return
- -36%
- 52-Week Range
- $44.17 – $62.18
- Dividend Safety
- A · 89/100
- Ever Cut?
- No
Frequently Asked Questions
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| May 15, 2026 | — | $0.3600 | regular |
| Feb 17, 2026 | — | $0.3600 | regular |
| Nov 17, 2025 | — | $0.3600 | regular |
| Aug 15, 2025 | — | $0.3400 | regular |
| May 15, 2025 | — | $0.3400 | regular |
| Feb 18, 2025 | — | $0.3400 | regular |
| Nov 15, 2024 | — | $0.3400 | regular |
| Aug 15, 2024 | — | $0.3250 | regular |
| May 14, 2024 | — | $0.3250 | regular |
| Feb 14, 2024 | — | $0.3250 | regular |
| Nov 15, 2023 | — | $0.3250 | regular |
| Aug 10, 2023 | — | $0.3130 | regular |
| May 11, 2023 | — | $0.3130 | regular |
| Feb 13, 2023 | — | $0.3130 | regular |
Income Calculator
At $1.42 / yr per share
Per payment (quarterly)$35.50
Annual$142.00
Monthly avg$11.83
