MDU Resources (MDU) will raise its quarterly dividend by 2.8 percent to $0.1825 per share in the fourth quarter of 2014.

This is the 24th consecutive year that MDU Resources has increased its common stock dividend, a mark achieved by only about 3 percent of the more than 3,300 North American-listed, dividend-paying common stocks traded on a major exchange.

"We are proud to have this longstanding history of increasing dividends along with our record of 77 years of uninterrupted payments," said Harry J. Pearce, chairman of the board. "Our dividend is an important part of our commitment for delivering value to our shareholders."

MDU Resources Group is a gas utility providing products and services through its regulated energy delivery and construction materials and services businesses. The Company's businesses segments are electric, natural gas distribution, pipeline and midstream, construction materials and contracting, and construction services. The construction services segment provides utility construction services in constructing and maintaining electric and communication lines, and external lighting and traffic signalization.