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MDU Resources increases dividend for 29th consecutive year

Published by , Deputy Editor
World Cement,

Of the US-listed, dividend-paying companies, fewer than 90 have increased their stock dividend as many consecutive years as MDU Resources.

"We are extremely proud of our long-standing commitment to paying dividends as part of the total value our shareholders experience from their investment in MDU Resources," said Dennis W. Johnson, Chair of the board.

MDU Resources is listed on the S&P High-Yield Dividend Aristocrats index, which measures the performance of companies within the S&P Composite 1500 that have followed a managed-dividends policy of consistently increasing dividends every year, for at least 20 years.

The quarterly dividends are payable 1 Jan 2020 to stockholders of record 12 December 2019.

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