PR Newswire·Aug 13, 2026, 4:30 PM ET

MDU Resources Announces Increased Quarterly Dividend

MDU Resources Group Inc. board increased the quarterly common stock dividend to 14.5 cents per share, up from 14 cents per share.
The new dividend equals an annualized rate of 56 cents per share, representing a 3.6% increase.
The board revised the long-term dividend payout ratio target to 55% to 65% of earnings, down from the previous 60% to 70% target.
The payout ratio adjustment aims to fund capital investments, reduce equity needs, support growth, & maintain competitive returns for stockholders.
President & CEO Nicole Kivisto stated the changes reflect confidence in the company's financial strength & long-term strategy.
MDU Resources has paid uninterrupted dividends for over eight decades.
The dividend is payable on Oct. 1, 2026, to stockholders of record as of Sept. 10, 2026.
MDU Resources serves over 1.2 million customers across the Pacific Northwest & Midwest with utility operations & a 3,800-mile natural gas pipeline network.