Middlesex Water Raises Dividend 5.88% Extending 53-Year Streak

Middlesex Water Company has announced a 5.88% increase in its quarterly cash dividend to $0.36 per share, raising the annual payout to $1.44. This marks the company's 53rd consecutive year of dividend growth, highlighting its long-standing commitment to returning value to shareholders and its resilient business model. Middlesex operates regulated water and wastewater systems primarily in New Jersey, Delaware, and Pennsylvania, serving more than half a million people. The company has continuously paid dividends since 1912 and demonstrates stable revenue growth and profitability despite some financial challenges. The dividend increase is payable December 1, 2025, to shareholders of record as of November 17, 2025, reinforcing Middlesex Water's position as a reliable income stock within the utility sector. This consistent dividend growth underscores the defensive appeal of utilities in uncertain economic environments.