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MDU - Dividend announcements
MDU Resources Group Inc. (MDU) dividend announcements - real-time wire coverage filtered to Dividends only.
Recent Dividends for MDU
- MDU Resources Announces Quarterly Dividend on Common StockBISMARCK, N.D., Feb. 19, 2026 /PRNewswire/ -- The board of directors of MDU Resources Group, Inc. (NYSE:MDU) today declared a quarterly dividend on the company's common stock of 14 cents per share, unchanged from the previous quarter. The board continues to target a long-term dividend payout ratio of 60% to 70% of earnings. The dividend is payable on April 1, 2026 to stockholders of record as of March 12, 2026.About MDU Resources Group, Inc.MDU Resources Group Inc., a member of the S&P SmallCap 600 index, strives to deliver safe, reliable, affordable and environmentally responsi
- MDU Resources Announces Quarterly Dividend on Common StockBISMARCK, N.D., Nov. 13, 2025 /PRNewswire/ -- The board of directors of MDU Resources Group, Inc. (NYSE:MDU) today declared a quarterly dividend on the company's common stock of 14 cents per share, unchanged from the previous quarter. The board continues to target a long-term dividend payout ratio of 60% to 70% of earnings. The dividend is payable on Jan. 1, 2026 to stockholders of record as of Dec.11, 2025. About MDU Resources Group, Inc. MDU Resources Group Inc., a member of the S&P SmallCap 600 index, strives to deliver safe, reliable, affordable and environmentally respons
- MDU Resources Announces Increased Quarterly DividendBISMARCK, N.D., Aug. 14, 2025 /PRNewswire/ -- MDU Resources Group, Inc.'s (NYSE:MDU) board of directors today increased the quarterly dividend on the company's common stock to 14 cents per share, for an annualized dividend of 56 cents per share. This represents a 7.7% increase over the previous quarterly dividend of 13 cents per share. The board continues to target a long-term dividend payout ratio of 60% to 70% of earnings. "With an 87-year record of uninterrupted dividends, we're proud to once again increase the company's quarterly payout," said Darrel T. Anderson, chair of
- MDU Resources Announces Quarterly Dividend on Common StockBISMARCK, N.D., May 14, 2025 /PRNewswire/ -- MDU Resources Group, Inc.'s (NYSE:MDU) board of directors today declared a quarterly dividend on the company's common stock of 13 cents per share, unchanged from the previous quarter. The dividend is payable on July 1, 2025 to stockholders of record as of June 12, 2025. About MDU Resources Group, Inc.MDU Resources Group, Inc., a member of the S&P SmallCap 600 index, delivers safe, reliable, affordable and environmentally responsible electric utility and natural gas distribution services to more than 1.2 million customers across the
- MDU Resources Announces Quarterly Dividend on Common StockBISMARCK, N.D., Feb. 13, 2025 /PRNewswire/ -- MDU Resources Group, Inc.'s (NYSE:MDU) board of directors today declared a quarterly dividend on the company's common stock of 13.0 cents per share, unchanged from the previous quarter. The dividend is payable on April 1 to stockholders of record as of March 13, 2025. About MDU Resources Group, Inc.MDU Resources Group, Inc., a member of the S&P SmallCap 600 index, provides essential products and services through its regulated electric and natural gas distribution and pipeline segments. Founded in 1924 as a small electric utility, M
- MDU Resources Announces Quarterly Dividend on Common StockBISMARCK, N.D., Nov. 14, 2024 /PRNewswire/ -- The board of directors of MDU Resources Group, Inc. (NYSE:MDU) today declared a quarterly dividend on the company's common stock of 13 cents per share, unchanged from the previous quarter. The board continues to target a long-term dividend payout ratio of 60% to 70% of regulated energy delivery earnings. The dividend is payable on Jan. 1, 2025 to stockholders of record as of Dec.12, 2024. About MDU ResourcesMDU Resources Group, Inc., a member of the S&P SmallCap 600 index, provides essential products and services through its regula
- MDU Resources Announces Increased Quarterly DividendBISMARCK, N.D., Aug. 15, 2024 /PRNewswire/ -- The board of directors of MDU Resources Group, Inc. (NYSE:MDU) has increased the quarterly dividend on the company's common stock to 13 cents per share, for an annualized dividend of 52 cents per share. This represents a 4% increase over the previous quarterly dividend of 12.5 cents per share. The board continues to target a long-term dividend payout ratio of 60% to 70% of regulated energy delivery earnings. "MDU Resources remains committed to the transition to a pure-play regulated energy delivery business, and the board supports
- MDU Resources Declares Quarterly Dividend on Common StockBISMARCK, N.D., May 15, 2024 /PRNewswire/ -- MDU Resources Group, Inc.'s (NYSE:MDU) board of directors today declared a quarterly dividend on the company's common stock of 12.5 cents per share, unchanged from the previous quarter. The dividend is payable July 1 to stockholders of record June 13, 2024. About MDU Resources MDU Resources Group, Inc., a member of the S&P MidCap 400 index, provides essential products and services through its regulated energy delivery and construction services businesses. Founded in 1924, the company is celebrating its 100th anniversary; learn more
- MDU Resources Declares Quarterly Dividend on Common StockBISMARCK, N.D., Feb. 15, 2024 /PRNewswire/ -- MDU Resources Group, Inc.'s (NYSE:MDU) board of directors today declared a quarterly dividend on the company's common stock of 12.5 cents per share, unchanged from the previous quarter. The dividend is payable April 1 to stockholders of record March 14, 2024. About MDU ResourcesMDU Resources Group, Inc., a member of the S&P MidCap 400 index, provides essential products and services through its regulated energy delivery and construction services businesses. For more information about MDU Resources, visit www.mdu.com or contact the I
- MDU Resources Declares Quarterly Dividend on Common StockBISMARCK, N.D., Nov. 16, 2023 /PRNewswire/ -- MDU Resources Group, Inc.'s (NYSE:MDU) board of directors today declared a quarterly dividend on the company's common stock of 12.5 cents per share, unchanged from the previous quarter. The dividend is payable Jan. 1, 2024, to stockholders of record Dec. 14, 2023. About MDU ResourcesMDU Resources Group, Inc., a member of the S&P MidCap 400 index, provides essential products and services through its regulated energy delivery and construction services businesses. For more information about MDU Resources, visit www.mdu.com or contact
- MDU Resources Declares Quarterly Dividend on Common Stock, Establishes Future Dividend TargetBISMARCK, N.D., Aug. 3, 2023 /PRNewswire/ -- MDU Resources Group, Inc.'s (NYSE:MDU) board of directors has declared a quarterly dividend on the company's common stock of 12.5 cents per share. On an annualized basis, this dividend is approximately a 66% payout ratio based on the midpoint of MDU Resources' 2023 earnings guidance for its regulated energy delivery companies. The board also established a long-term dividend payout ratio target of 60% to 70% of regulated energy delivery earnings. "Based on MDU Resources' anticipated future state as a pure-play regulated energy delive
- MDU Resources to Pursue Tax-Advantaged Separation of Construction Services BusinessBISMARCK, N.D., July 10, 2023 /PRNewswire/ -- Upon completing MDU Resources Group, Inc.'s (NYSE:MDU) previously announced strategic review of its wholly owned construction services business, MDU Construction Services Group Inc., the MDU Resources board of directors has determined that it will pursue a potential tax-advantaged separation of the construction services business from MDU Resources. The board said a tax-advantaged separation of the construction services business supports MDU Resources' goal of enhancing value for stockholders by becoming a pure-play regulated energy
- MDU Resources Subsidiary Receives Regulatory Approval to Serve Large Data Center Electric LoadBISMARCK, N.D., June 6, 2023 /PRNewswire/ -- Montana-Dakota Utilities, a subsidiary of MDU Resources Group, Inc. (NYSE:MDU), received unanimous approval today from the North Dakota Public Service Commission on an electric service agreement (ESA) to provide power for Applied Digital Corporation's data center near Ellendale, North Dakota. Approval of the ESA is the final step in the regulatory process. At full capacity, the data center will require 180 megawatts of electricity, which is the equivalent of about 28% of Montana-Dakota's generation portfolio. The Applied Digital loa
- MDU Resources Completes Spinoff of Knife RiverBISMARCK, N.D., June 1, 2023 /PRNewswire/ -- MDU Resources Group, Inc. (NYSE:MDU) today announced that it has successfully completed the spinoff of its construction materials subsidiary, Knife River Corporation. As a result of the spinoff, Knife River is now an independent, public company that will begin "regular way" trading this morning on the New York Stock Exchange under the ticker symbol "KNF." MDU Resources shares will continue trading on the NYSE under the symbol "MDU." "This is an exciting day for MDU Resources and Knife River as completing the spinoff of Knife River b
- MDU Resources Announces Knife River Form 10 Registration Statement Declared EffectiveBISMARCK, N.D., May 12, 2023 /PRNewswire/ -- MDU Resources Group, Inc. (NYSE:MDU) today announced that, in connection with the previously announced separation of Knife River Corporation from MDU Resources, the Securities and Exchange Commission has declared effective the Registration Statement on Form 10 filed by Knife River Holding Company, the wholly owned subsidiary of MDU Resources that was formed to be the new parent company for Knife River Corporation post-separation. As previously announced, the separation of Knife River Corporation will occur by means of a pro rata dis
- MDU Resources Names Rob Johnson President of Subsidiary WBI EnergyBISMARCK, N.D., May 10, 2023 /PRNewswire/ -- MDU Resources Group, Inc. (NYSE:MDU) announced today that Rob L. Johnson has been named president of WBI Energy, Inc., the company's natural gas pipeline subsidiary, effective upon completion of the anticipated separation of MDU Resources' construction materials subsidiary, Knife River Corporation, at which time current WBI Energy President and CEO Trevor J. Hastings will become chief operating officer of Knife River. Johnson currently is executive vice president-commercial for WBI Energy. "Rob has led significant business developme
- MDU Resources Declares Quarterly Dividend on Common Stock, Outlines Future Dividend ExpectationsBISMARCK, N.D., May 4, 2023 /PRNewswire/ -- MDU Resources Group, Inc.'s (NYSE:MDU) board of directors has declared a quarterly dividend on the company's common stock of 22.25 cents per share, unchanged from the previous quarter. The dividend is payable July 1 to stockholders of record June 13. MDU Resources also announced today in another news release that its board of directors has approved the separation of its construction materials subsidiary, Knife River Corporation, into an independent, publicly traded company through a pro rata distribution on May 31 to stockholders of
- MDU Resources Board of Directors Approves Separation of Knife River; Declares Distribution of Shares for Knife RiverBISMARCK, N.D., May 4, 2023 /PRNewswire/ -- MDU Resources Group, Inc.'s (NYSE:MDU) board of directors has approved the previously announced separation of the company's wholly owned construction materials subsidiary, Knife River Corporation, through a pro rata distribution of the outstanding shares of common stock of Knife River Holding Company, which is the newly formed parent company for Knife River Corporation. "This is a historic day for MDU Resources," said David L. Goodin, president and CEO of MDU Resources. "We started our construction materials business with a single ag
- MDU Resources Announces Pricing of Knife River Holding Company's $425 Million Notes Offering in Connection With Anticipated Knife River SpinoffBISMARCK, N.D., April 11, 2023 /PRNewswire/ -- MDU Resources Group, Inc. ("MDU Resources") (NYSE:MDU) today announced that Knife River Holding Company, a wholly owned subsidiary of MDU Resources, has priced an offering of $425 million of notes due 2031, in connection with the previously announced spinoff of Knife River Corporation into a separate publicly traded company. The notes will be issued by Knife River Holding Company, which, in connection with the anticipated spinoff, will be the new parent company for Knife River Corporation. Upon the consummation of the spinoff, the
- MDU Resources Announces Launch of Knife River Holding Company's Notes Offering in Connection With Anticipated Knife River SpinoffBISMARCK, N.D., April 10, 2023 /PRNewswire/ -- MDU Resources Group, Inc. (NYSE:MDU) today announced that Knife River Holding Company, a wholly owned subsidiary of MDU Resources, has launched an offering of notes due 2031, subject to market conditions and other customary factors, in connection with the previously announced spinoff of Knife River Corporation into a separate publicly traded company. The notes will be issued by MDU Resources' wholly owned subsidiary, Knife River Holding Company, which in connection with the anticipated spinoff will be the new parent company for Kn
- MDU Resources Announces Anticipated Board of Directors for Knife RiverBISMARCK, N.D., April 7, 2023 /PRNewswire/ -- MDU Resources Group, Inc. (NYSE:MDU) today announced the anticipated board of directors for Knife River Holding Company, effective upon completion of the planned separation of MDU Resources' construction materials subsidiary into an independent, publicly traded company. The separation is expected to be completed in the second quarter of 2023. Knife River's post-separation board is expected to consist of six directors, including five independent directors. These individuals are anticipated to move from MDU Resources' board of direct
- Knife River to be Listed Under Ticker KNF on NYSE Upon Spinoff From MDU ResourcesBISMARCK, N.D., March 10, 2023 /PRNewswire/ -- MDU Resources Group, Inc. (NYSE:MDU) announced the filing of a Form 10 registration statement with the Securities and Exchange Commission that identifies "KNF" as the stock ticker under which Knife River Corporation, the company's construction materials subsidiary, expects to be listed on the New York Stock Exchange. MDU Resources is on track to complete the spinoff of Knife River into an independent, publicly traded company in the second quarter of 2023. The separation is expected to occur through the spinoff of a newly formed co
- MDU Resources Board of Directors Names Leadership for Knife River Upon SeparationBISMARCK, N.D., Feb. 16, 2023 /PRNewswire/ -- MDU Resources Group, Inc.'s (NYSE:MDU) board of directors has selected the management team who will lead Knife River Corporation, the company's construction materials subsidiary, effective upon completion of the anticipated separation of Knife River into an independent, publicly traded company. MDU Resources expects to complete the spinoff in the second quarter. Additionally, the board has named Knife River President Brian R. Gray to become president and CEO of Knife River, effective March 1. At that time, current CEO David C. Barn
- MDU Resources Declares Quarterly Dividend on Common StockBISMARCK, N.D., Feb. 16, 2023 /PRNewswire/ -- MDU Resources Group, Inc.'s (NYSE:MDU) board of directors today declared a quarterly dividend on the company's common stock of 22.25 cents per share, unchanged from the previous quarter. The dividend is payable April 1 to stockholders of record March 9. About MDU ResourcesMDU Resources Group, Inc., a member of the S&P MidCap 400 and the S&P High-Yield Dividend Aristocrats indices, is Building a Strong America® by providing essential products and services through its regulated energy delivery and construction materials and services
- MDU Resources Enters Into Cooperation Agreement With Corvex ManagementBISMARCK, N.D., Jan. 24, 2023 /PRNewswire/ -- MDU Resources Group, Inc. (NYSE:MDU) today announced that it has entered into a cooperation agreement with Corvex Management LP under which Corvex Partner James H. Gemmel will be appointed to MDU Resources' board of directors, subject to approval by the Federal Energy Regulatory Commission (FERC) under the Federal Power Act. Initially, Mr. Gemmel will be appointed as a non-voting observer of MDU Resources' board of directors. Following the required FERC approval, the size of MDU Resources' board of directors will increase by one di
- MDU Resources Names Nathan Ring CFO of Knife River CorporationBISMARCK, N.D., Jan. 10, 2023 /PRNewswire/ -- MDU Resources Group, Inc. (NYSE:MDU) announced today that Nathan W. Ring has been named chief financial officer of the company's wholly owned construction materials subsidiary, Knife River Corporation, effective upon completion of the planned separation of Knife River. Ring currently is vice president of business development at Knife River. MDU Resources previously announced it expects its spinoff of Knife River into an independent, publicly traded company to be complete in the second quarter of 2023. "Nathan's financial acumen, le
- MDU Resources Expects Second Quarter Spinoff of Knife River Corp.; Strategic Review of MDU Construction Services Group UnderwayBISMARCK, N.D., Dec. 15, 2022 /PRNewswire/ -- MDU Resources Group, Inc. (NYSE:MDU) on Wednesday submitted a confidential draft registration statement on Form 10 with the U.S. Securities and Exchange Commission in connection with the planned spinoff of its construction materials business, Knife River Corporation. MDU Resources expects the spinoff of Knife River will be complete in the second quarter of 2023. MDU Resources had announced on Aug. 4 its intent to separate Knife River as an independent, publicly traded company. "With the substantial progress we have made, we are exp
- MDU Resources Announces Five-Year Capital Investment PlanBISMARCK, N.D., Nov. 22, 2022 /PRNewswire/ -- MDU Resources Group, Inc. (NYSE:MDU) today announced its plans to make capital investments totaling $3.5 billion over the five-year period from 2023 to 2027. "Our capital investment plan includes a number of key projects that are expected to provide organic growth across our businesses, with particular emphasis on upgrades and expansions to our electric transmission and distribution infrastructure and our natural gas transportation and distribution systems," said David L. Goodin, president and CEO of MDU Resources. "These capital i
- MDU Resources Names Brian Gray President of Knife River Corporation; David Barney Remains CEOBISMARCK, N.D., Nov. 17, 2022 /PRNewswire/ -- The Board of Directors of MDU Resources Group, Inc. (NYSE:MDU) today announced that Brian R. Gray has been named president of the company's wholly owned construction materials subsidiary, Knife River Corporation, effective Jan. 1, 2023. David C. Barney will remain Knife River's chief executive officer. On Aug. 4, MDU Resources announced its intent to separate Knife River into an independent, publicly traded company. The separation is expected to be effected as a tax-free spinoff to MDU Resources stockholders and is on track to be c
- MDU Resources Increases Stock Dividend 32nd Consecutive YearBISMARCK, N.D., Nov. 17, 2022 /PRNewswire/ -- MDU Resources Group, Inc.'s (NYSE:MDU) board of directors today increased the company's quarterly common stock dividend to 22.25 cents per share, for an annualized dividend of 89 cents per share. This is the 32nd consecutive year that MDU Resources has increased its common stock dividend. The previous quarterly dividend was 21.75 cents per share. MDU Resources for 85 years has paid uninterrupted dividends to shareholders. Of the U.S.-listed, dividend-paying companies, fewer than 82 have increased their stock dividend as many consec
- MDU Resources Publishes 2021 Sustainability ReportBISMARCK, N.D., Aug. 30, 2022 /PRNewswire/ -- MDU Resources Group, Inc. (NYSE:MDU) has committed its natural gas pipeline business to a near-term methane emissions intensity reduction target of 25% by 2030, compared to its 2020 levels. This commitment and other highlights of MDU Resources' environmental, social and governance efforts are included in the company's recently published sustainability report. "Natural gas will remain a foundational fuel in the effort to achieve a cleaner energy future, and we are committed to minimizing emissions as we provide the infrastructure to
- MDU Resources Declares Quarterly Dividend on Common StockBISMARCK, N.D., Aug. 11, 2022 /PRNewswire/ -- MDU Resources Group, Inc.'s (NYSE:MDU) board of directors today declared a quarterly dividend on the company's common stock of 21.75 cents per share, unchanged from the previous quarter. The dividend is payable Oct. 1 to stockholders of record Sept. 8, 2022. About MDU ResourcesMDU Resources Group, Inc., a member of the S&P MidCap 400 and the S&P High-Yield Dividend Aristocrats indices, is Building a Strong America® by providing essential products and services through its regulated energy delivery and construction materials and serv
- MDU Resources Reports Second Quarter Earnings, Revises Earnings GuidanceBISMARCK, N.D., Aug. 4, 2022 /PRNewswire/ -- MDU Resources Group, Inc. (NYSE:MDU) today reported second quarter earnings of $70.7 million, or 35 cents per share, compared to second quarter 2021 earnings of $100.2 million, or 50 cents per share. For the six months ended June 30, 2022, MDU Resources earned $102.4 million, or 50 cents per share, compared to $152.3 million, or 76 cents per share, in 2021. "Both our construction businesses had record revenues in the quarter, however ongoing inflationary impacts and supply chain challenges continue to create headwinds. Weather impac
- MDU Resources Announces Plan to Separate Knife River, Creating Two Focused, Independent Publicly Traded CompaniesSpinoff of Knife River expected to unlock significant shareholder value.Creates financial and strategic flexibility for each company to focus on core business opportunities.Establishes Knife River as a stand-alone, aggregates-based, vertically integrated construction materials and contracting provider.Enhances MDU Resources' strategic focus on regulated utilities, natural gas pipelines and related infrastructure services.MDU Resources to discuss separation and second quarter 2022 financial results at 8:30 a.m. EDT today.BISMARCK, N.D., Aug. 4, 2022 /PRNewswire/ -- MDU Resources Group, Inc. (NYSE:MDU) today announced that its board of directors has unanimously approved a plan to separate its
- MDU Resources Recognized for Gender-Balanced Board of DirectorsBISMARCK, N.D., May 24, 2022 /PRNewswire/ -- MDU Resources Group, Inc. (NYSE:MDU) recently was recognized by 50/50 Women on Boards™ for having a gender-balanced board of directors. MDU Resources' board is comprised of nine directors. Four women, Karen B. Fagg, Patricia L. Moss, Dale S. Rosenthal and Chenxi Wang, currently serve on the board. "We seek and value diverse perspectives across all levels of the corporation," said Dennis W. Johnson, chair of the board. "We know diversity is critical to our success as we continue building a strong America." 50/50 Women on Boards, a gl
- MDU Resources Declares Quarterly Dividend on Common StockBISMARCK, N.D., May 11, 2022 /PRNewswire/ -- MDU Resources Group, Inc.'s (NYSE:MDU) board of directors today declared a quarterly dividend on the company's common stock of 21.75 cents per share, unchanged from the previous quarter. The dividend is payable July 1 to stockholders of record June 9, 2022. About MDU ResourcesMDU Resources Group, Inc., a Fortune 500 company and a member of the S&P MidCap 400 and the S&P High-Yield Dividend Aristocrats indices, is Building a Strong America® by providing essential products and services through its regulated energy delivery and constru
- MDU Resources Reports First Quarter Earnings, Affirms EPS GuidanceBISMARCK, N.D., May 4, 2022 /PRNewswire/ -- MDU Resources Group, Inc. (NYSE:MDU) today reported first quarter earnings of $31.7 million, or 16 cents per share, compared to first quarter 2021 earnings of $52.1 million, or 26 cents per share. "We have a solid start to the year with higher revenues at all our businesses, including record revenues at our construction businesses. Although we continue, as expected, to experience inflationary headwinds, we remain optimistic about 2022 with an all-time record combined backlog of work at our construction companies and growth projects u
- MDU Resources Declares Quarterly Dividend on Common StockBISMARCK, N.D., Feb. 17, 2022 /PRNewswire/ -- MDU Resources Group, Inc.'s (NYSE:MDU) board of directors today declared a quarterly dividend on the company's common stock of 21.75 cents per share, unchanged from the previous quarter. The dividend is payable April 1 to stockholders of record March 10, 2022. About MDU ResourcesMDU Resources Group, Inc., a Fortune 500 company and a member of the S&P MidCap 400 and the S&P High-Yield Dividend Aristocrats indices, is Building a Strong America® by providing essential products and services through its regulated energy delivery and con
- MDU Resources Reports 2021 Earnings, Initiates 2022 GuidanceBISMARCK, N.D., Feb. 9, 2022 /PRNewswire/ -- MDU Resources Group, Inc. (NYSE:MDU) today announced earnings of $378.1 million, or $1.87 per share, in 2021, compared to $390.2 million, or $1.95 per share, in 2020. In the fourth quarter, the company earned $86.5 million, or 42 cents per share, compared to $112.3 million, or 56 cents per share, in the fourth quarter of 2020. "We achieved our third-best annual earnings in company history, though our results were less than we forecasted," said David L. Goodin, president and CEO of MDU Resources. "I'm proud of our team's effort to ad
- MDU Resources Subsidiary Finishes Construction, Begins Transporting Natural Gas on ND PipelineBISMARCK, N.D., Feb. 1, 2022 /PRNewswire/ -- WBI Energy, Inc., a subsidiary of MDU Resources Group, Inc. (NYSE:MDU), put the North Bakken Expansion project into service today after completing construction and testing on the natural gas pipeline. The expansion has capacity to transport 250 million cubic feet of natural gas per day from the Bakken production area in North Dakota, with the potential to be increased up to 625 million cubic feet per day through additional compression if needed to meet growing customer demand. As part of the project, WBI Energy and its main contract
- MDU Resources Announces Five-Year Capital Investment PlanBISMARCK, N.D., Nov. 23, 2021 /PRNewswire/ -- MDU Resources Group, Inc. (NYSE:MDU) today announced that it plans to make capital investments totaling $3.0 billion for the five-year period from 2022-26. "Our capital investment plan supports the significant opportunities we see for organic growth at all our businesses, particularly a focus on infrastructure development and grid reliability and resiliency," said David L. Goodin, president and CEO of MDU Resources. Acquisitions would be incremental to the company's 2022-26 outlined capital investment plan. The company will provide
- MDU Resources Increases Stock Dividend for 31st Consecutive YearBISMARCK, N.D., Nov. 11, 2021 /PRNewswire/ -- MDU Resources Group, Inc.'s (NYSE:MDU) board of directors today increased the company's quarterly common stock dividend to 21.75 cents per share, for an annualized dividend of 87 cents per share. This is the 31st consecutive year that MDU Resources has increased its common stock dividend. The previous quarterly dividend was 21.25 cents per share. MDU Resources for 84 years has paid uninterrupted dividends to shareholders. Of the U.S.-listed, dividend-paying companies, fewer than 82 have increased their stock dividend as many consec
- MDU Resources Reports Third Quarter Earnings, Adjusts GuidanceBISMARCK, N.D., Nov. 3, 2021 /PRNewswire/ -- MDU Resources Group, Inc. (NYSE:MDU) today reported third quarter earnings of $139.3 million, or 68 cents per share, compared to third quarter 2020 earnings of $153.1 million, or 76 cents per share. For the nine months ended Sept. 30, MDU Resources earned $291.6 million, or $1.44 per share, compared to $277.9 million, or $1.39 per share, in 2020. "This was a solid quarter for MDU Resources. Although results did not quite reach the level we expected, all our business lines continue to perform very well," said David L. Goodin, preside
- MDU Resources Declares Quarterly Dividend on Common StockBISMARCK, N.D., Aug. 12, 2021 /PRNewswire/ -- MDU Resources Group, Inc.'s (NYSE:MDU) board of directors today declared a quarterly dividend on the company's common stock of 21.25 cents per share, unchanged from the previous quarter. The dividend is payable Oct. 1 to stockholders of record Sept. 9, 2021. About MDU ResourcesMDU Resources Group, Inc., a Fortune 500 company and a member of the S&P MidCap 400 index and the S&P High-Yield Dividend Aristocrats indices, is Building a Strong America® by providing essential products and services through its regulated energy delivery and
- MDU Resources Subsidiaries Expanding Natural Gas Service to Wahpeton, KindredBISMARCK, N.D., July 26, 2021 /PRNewswire/ -- Montana-Dakota Utilities Co. and WBI Energy, Inc., both subsidiaries of MDU Resources Group, Inc. (NYSE:MDU), today announced plans for a natural gas pipeline expansion project in eastern North Dakota that will provide more natural gas to customers in Wahpeton, North Dakota, and extend natural gas service to Kindred, North Dakota. We are excited to provide additional natural gas to the cities of Wahpeton and Kindred."We are excited to provide additional natural gas to the cities of Wahpeton and Kindred," said David L. Goodin, presi
- MDU Resources Subsidiary Begins Construction on ND Natural Gas Pipeline ProjectBISMARCK, N.D., July 19, 2021 /PRNewswire/ -- WBI Energy, Inc., a subsidiary of MDU Resources Group, Inc. (NYSE:MDU), began construction this week on the North Bakken Expansion project in northwestern North Dakota. This natural gas pipeline expansion will have capacity to transport 250 million cubic feet of natural gas per day from the Bakken Formation. WBI Energy received a notice to proceed on July 8 from the Federal Energy Regulatory Commission, allowing construction to commence. "WBI Energy transports more than 50% of the natural gas produced from the Bakken. This project
- MDU Resources Announces Webcast of Analyst Conference CallBISMARCK, N.D., July 15, 2021 /PRNewswire/ -- MDU Resources Group, Inc. (NYSE:MDU) will webcast its second quarter 2021 earnings conference call Aug. 5 following the release of its financial results. The webcast will begin at 2 p.m. EDT and can be accessed at www.mdu.com. Audio and webcast replays will be available. Audio will be available through Aug. 19 at 855-859-2056, or 404-537-3406 for international callers, conference ID 5527896. About MDU ResourcesMDU Resources Group, Inc., a Fortune 500 company and a member of the S&P MidCap 400 and S&P High-Yield Dividend Aristocrat
- MDU Resources Subsidiary Receives FERC Certificate on ND Natural Gas Pipeline ProjectBISMARCK, N.D., June 3, 2021 /PRNewswire/ -- WBI Energy, Inc., the pipeline subsidiary of MDU Resources Group, Inc. (NYSE:MDU), on Tuesday received an order from the Federal Energy Regulatory Commission issuing a certificate of public convenience and necessity on the North Bakken Expansion project, a natural gas pipeline expansion with capacity to transport 250 million cubic feet of natural gas per day from the Bakken in North Dakota. "We are excited to be able to move forward with this expansion project. We appreciate the FERC's action on our certificate request, and the bipa
- MDU Resources Listed on Fortune 500BISMARCK, N.D., June 2, 2021 /PRNewswire/ -- MDU Resources Group, Inc. (NYSE:MDU), with headquarters in Bismarck, has been listed on the prestigious 2021 Fortune 500. The Fortune 500 recognizes the 500 largest U.S. companies based on 2020 revenues. MDU Resources was ranked No. 486. "We are proud of the good work our employees do, safely providing essential products and services that are Building a Strong America," said David L. Goodin, president and CEO of MDU Resources. "Our company's continued growth, recognized by our listing on the Fortune 500, makes it clear that our two-
- MDU Resources Recognized for Gender Diversity on Board of DirectorsBISMARCK, N.D., May 25, 2021 /PRNewswire/ -- MDU Resources Group, Inc. (NYSE:MDU) recently was recognized by 50/50 Women on Boards™ as a "3+" company for having three or more women on its board of directors. MDU Resources' board is comprised of nine directors. Four women, Karen B. Fagg, Patricia L. Moss, Dale S. Rosenthal and Chenxi Wang, currently serve on the board. "We seek and value diverse perspectives across all levels of our company. Diversity is critical to MDU Resources' success," said David L. Goodin, president and CEO of MDU Resources. 50/50 Women on Boards is a global education and advocacy campaign focused on gender balance and diversity on corporate boards. It tracks the number
- MDU Resources Declares Quarterly Dividend on Common StockBISMARCK, N.D., May 12, 2021 /PRNewswire/ -- MDU Resources Group, Inc.'s (NYSE:MDU) board of directors today declared a quarterly dividend on the company's common stock of 21.25 cents per share, unchanged from the previous quarter. The dividend is payable July 1 to stockholders of record June 10, 2021. About MDU ResourcesMDU Resources Group, Inc., a member of the S&P MidCap 400 index and the S&P High-Yield Dividend Aristocrats index, is Building a Strong America® by providing essential products and services through its regulated energy delivery and construction materials and s
- New Director Elected to MDU Resources BoardBISMARCK, N.D., May 11, 2021 /PRNewswire/ -- Shareholders of MDU Resources Group, Inc. (NYSE:MDU) today at the company's annual meeting of stockholders elected Dale S. Rosenthal as a new independent director to the company's board. Rosenthal, 64, has experience in the construction industry, having held senior executive positions including strategic director, division president and chief financial officer in an integrated construction company. "Dale's background aligns well with MDU Resources' businesses," said board Chair Dennis W. Johnson. "She brings extensive construction i
- MDU Resources Doubles First Quarter Earnings, Narrows EPS GuidanceBISMARCK, N.D., May 5, 2021 /PRNewswire/ -- MDU Resources Group, Inc. (NYSE:MDU) today reported first quarter earnings of $52.1 million, or 26 cents per share, compared to first quarter 2020 earnings of $25.1 million, or 13 cents per share. "Our businesses are off to a very strong start in 2021," said David L. Goodin, president and CEO of MDU Resources. "We had record earnings at our construction services and pipeline businesses, increased natural gas sales volumes at our utility operations and a stronger start to the year at our construction materials business. With the stron
- MDU Resources to Webcast Annual Shareholder MeetingBISMARCK, N.D., April 20, 2021 /PRNewswire/ -- MDU Resources Group, Inc. (NYSE:MDU) will webcast its annual shareholder meeting, which will be held at 11 a.m. CDT May 11 in Bismarck. The meeting will be hosted by Board Chair Dennis W. Johnson, with a business update provided by President and CEO David L. Goodin. Those interested can find additional information about the annual meeting and webcast at www.mdu.com/proxymaterials. Preregistration is not required to listen to the webcast. About MDU ResourcesMDU Resources Group, Inc., a member of the S&P MidCap 400 index and the S&P
- MDU Resources Announces Webcast of Analyst Conference CallBISMARCK, N.D., April 15, 2021 /PRNewswire/ -- MDU Resources Group, Inc. (NYSE:MDU) will webcast its first quarter 2021 earnings conference call May 6 following the release of its financial results. The webcast will begin at 2 p.m. EDT and can be accessed at www.mdu.com. Audio and webcast replays will be available. Audio will be available through May 20 at 855-859-2056, or 404-537-3406 for international callers, conference ID 2374997. About MDU ResourcesMDU Resources Group, Inc., a member of the S&P MidCap 400 index and the S&P High-Yield Dividend Aristocrats index, is Buil
- Knife River Receives Permit for Texas Quarry OperationsBISMARCK, N.D., March 30, 2021 /PRNewswire/ -- Knife River Corporation, the construction materials subsidiary of MDU Resources Group, Inc. (NYSE: MDU), announced today it has received permitting to expand operational capabilities at its Honey Creek quarry northwest of Austin, Texas. The Texas Commission on Environmental Quality has granted Knife River a New Source Review permit. The permit allows the company to add a third crusher and wash screen, increase throughput, and extend operational hours. Knife River purchased this 570-acre property in 2019 and has continued to develop it. The site produces construction aggregates for internal and external supply, including for asphalt and ready-mi
- MDU Resources Declares Quarterly Dividend on Common StockBISMARCK, N.D., Feb. 11, 2021 /PRNewswire/ -- MDU Resources Group, Inc.'s (NYSE: MDU) board of directors today declared a quarterly dividend on the company's common stock of 21.25 cents per share, unchanged from the previous quarter. The dividend is payable April 1 to stockholders of record March 11, 2021. About MDU Resources MDU Resources Group, Inc., a member of the S&P MidCap 400 index and the S&P High-Yield Dividend Aristocrats index, is Building a Strong America® by providing essential products and services through its regulated energy delivery and construction materials and services businesses. For more information about MDU Resources, visit www.mdu.com or contact the Investor Relat
- MDU Resources Earnings Increase 16% in 2020; Company Initiates 2021 GuidanceBISMARCK, N.D., Feb. 3, 2021 /PRNewswire/ -- MDU Resources Group, Inc. (NYSE: MDU) today announced earnings increased 16% in 2020 to $390.2 million, or $1.95 per share, compared to 2019 earnings of $335.5 million, or $1.69 per share. In the fourth quarter, the company's earnings were $112.3 million, or 56 cents per share, compared to $95.1 million, or 47 cents per share, in 2019. "This is the second-best earnings result in our 97-year history, and we are incredibly proud of our employees' dedication to Building a Strong America despite the challenges 2020 presented," said David L. Goodin, president and CEO of MDU Resources. "Our construction companies shattered earnings records, and our r
- MDU Resources Announces Webcast of Analyst Conference CallBISMARCK, N.D., Jan. 11, 2021 /PRNewswire/ -- MDU Resources Group, Inc. (NYSE: MDU) will webcast its year-end 2020 earnings and 2021 guidance conference call Feb. 4 following the release of its financial results. The webcast will begin at 2 p.m. EST and can be accessed at www.mdu.com. Audio and webcast replays will be available. Audio will be available through Feb. 18 at 855-859-2056, or 404-537-3406 for international callers, conference ID 7190434. About MDU Resources MDU Resources Group, Inc., a member of the S&P MidCap 400 index and the S&P High-Yield Dividend Aristocrats index, is Building a Strong America® by providing essential products and services through its regulated energy deli
- MDU Resources Increases 2020 Earnings GuidanceBISMARCK, N.D., Dec. 14, 2020 /PRNewswire/ -- MDU Resources Group, Inc. (NYSE: MDU) today announced that its earnings per share in 2020 are expected to be higher than the company previously predicted through earnings guidance. Earnings per share for 2020 are now projected in the range of $1.92 to $2.02, an increase from prior guidance of $1.80 to $1.90. "We have been incredibly pleased with our operating results throughout the year as demand remains strong for the essential services that we provide across our businesses. On the strength of our performance through November, along with our estimates for December, we felt it was important to update our investors," said David L. Goodin, presi