Middlesex Water Company (MSEX) will raise its dividend by 3.3 percent to $0.19875 per share quarterly in the fourth quarter of 2015. This marks the 43rd consecutive year of dividend increases for the water utility.
The increased dividend is payable on December 1, 2015 to holders of record as of November 12, 2015. The ex-date is November 9, 2015.
Middlesex Water Company is a water utility company. Organized in 1897, Middlesex Water provides regulated and unregulated water and wastewater utility services in New Jersey, Delaware and Pennsylvania through various subsidiary companies. Middlesex Water engages in collecting, treating, distributing and selling water for domestic, commercial, municipal, industrial and fire protection purposes.