Trailing Dividend / Share
$0.50
MDU Resources Group, Inc. (MDU) Dividend History
Income profile from 1989 to 2026 with payout safety and yield-on-cost trend
Dividend Yield
2.3%
Payout Ratio
36.6%
Sustainable
Dividend Streak
1 years
MDU Dividend Income Check
Safety
36.6% payout ratio with sustainable safety profile.
Consistency
1 straight years of dividend increases.
Income Trend
Yield on cost is 5.5% and trend is rising.
MDU Dividend Scorecard
Yield & Income
Dividend Yield2.3%
Trailing DPS$0.50
FrequencyAnnual
Payments / 12M4
Payout Safety
Earnings Payout36.6%
Earnings SafetySustainable
FCF PayoutN/A
FCF SafetyUnknown
Piotroski F-Score5/9
Growth
Growth Streak1 years
3Y CAGR17.6%
5Y CAGR11.2%
Yield on Cost (5Y)5.5%
YOC Trendrising
Total Returns
Buyback Yield0.0%
Total Shareholder Yield2.3%
1Y Total Return30.3%
5Y Total Return87.7%
Div Contribution (5Y)15.0%
Estimated $10K growth (return + dividends):
5Y ago$18,77210Y ago$32,45920Y ago$30,293
Uses precomputed total return metrics from screening data (not lot-by-lot dividend reinvestment transactions). Different time windows can produce different outcomes depending on market regime and entry point.
MDU Income Growth Story
Dividend per share and yield on cost over time (38 years of payments)
MDU Dividend Safety Story
EPS is the container — dividend is what's drawn out
Dividend Analysis
Payout Safety
MDU Resources Group, Inc. distributes 36.6% of earnings as dividends (Sustainable).
Piotroski F-Score: 5/9 — moderate financial health.
Growth Track Record
MDU has raised its dividend for 1 consecutive year, with a 3-year CAGR of 17.6% and 5-year CAGR of 11.2%.
Total Shareholder Returns
Beyond cash dividends, MDU returns capital through share repurchases. The combined picture: 2.3% dividend yield, 2.3% total shareholder yield.
Income Trend & Total Return
Yield on cost (5-year basis) has reached 5.5% and is currently rising. The 5-year total return is 87.7%, with dividends contributing 15.0% of that performance.
DRIP Growth
A $10,000 investment made 10 years ago with dividends reinvested would have grown to approximately $32,459 today.
MDU Recent Dividend Payments
Last 20 payments · Annual
TTM Total$1.94
Avg/Payment$0.0971
| Ex-Date | Amount | Change | Yield % | Payment Date |
|---|---|---|---|---|
| Mar 12, 2026Latest | $0.1400 | — | 2.63% | Apr 1, 2026 |
| Dec 11, 2025 | $0.1400 | — | 2.75% | Jan 1, 2026 |
| Sep 11, 2025 | $0.1400 | ↑ +7.7% | 3.23% | Oct 1, 2025 |
| Jun 12, 2025 | $0.1300 | — | 2.77% | Jul 1, 2025 |
| Mar 13, 2025 | $0.1300 | — | 2.44% | Apr 1, 2025 |
| Dec 12, 2024 | $0.1300 | ↑ +80.6% | 1.81% | Jan 1, 2025 |
| Sep 12, 2024 | $0.0720 | ↑ +4.0% | 1.97% | Oct 1, 2024 |
| Jun 13, 2024 | $0.0692 | — | 2.02% | Jul 1, 2024 |
MDU Dividend vs Peers
Comparable companies in the same industry
#7 yield in peer group
Div Yield
2.3%
#7 of 9
Safety
Sustainable
36.6% payout
Streak
1Y
11.2% 5Y CAGR
Total Shareholder
2.3%
#7 of 9
| Company | Mkt Cap | Yield | Payout | Streak | Safety |
|---|---|---|---|---|---|
| MDUMDU Resources Group,… | $4.8B | 2.3% | 36.6% | 1 | Sustainable |
 NINiSource Inc. | $22.7B | 2.4% | 57.1% | 4 | Sustainable |
 OGEOGE Energy Corp. | $9.9B | 3.5% | 72.6% | 1 | Watch |
1st  AVAAvista Corporation | $3.3B | 4.8% | 82.4% | 22 | Watch |
 OTTROtter Tail Corporati… | $3.7B | 2.4% | 31.9% | 11 | Sustainable |
2nd  NWENorthwestern Energy … | $4.4B | 3.7% | 89.1% | 20 | At Risk |
3rd  BKHBlack Hills Corporat… | $5.6B | 3.7% | 67.9% | 10 | Watch |
 VMCVulcan Materials Com… | $38.4B | 0.7% | 24.0% | 12 | Sustainable |
 MLMMartin Marietta Mate… | $37.1B | 0.5% | 17.3% | 11 | Sustainable |
MDU Annual Dividend History (1989–2026)
38 years of dividend data
GrowthDecline
| Year | DPS | YoY | Pmts | EPS | Payout | Coverage | YOC |
|---|---|---|---|---|---|---|---|
| 2026YTD | $0.14 | — | 1 | — | — | — | 1.4% |
| 2025 | $0.54 | 58.6% | 4 | — | — | — | 5.5% |
| 2024 | $0.34 | -1.7% | 4 | $1.37 | 24.8% | 4.02x | 3.5% |
| 2023 | $0.35 | 4.1% | 4 | $2.03 | 17.1% | 5.86x | 3.5% |
| 2022 | $0.33 | 2.3% | 4 | $1.81 | 18.4% | 5.45x | 3.4% |
| 2021 | $0.32 | 2.4% | 4 | $1.87 | 17.4% | 5.76x | 3.3% |
| 2020 | $0.32 | 2.5% | 4 | $1.95 | 16.3% | 6.15x | 3.2% |
| 2019 | $0.31 | 2.5% | 4 | $1.69 | 18.3% | 5.46x | 3.2% |
| 2018 | $0.30 | 2.6% | 4 | $1.39 | 21.7% | 4.60x | 3.1% |
| 2017 | $0.29 | 2.6% | 4 | $1.43 | 20.6% | 4.86x | 3.0% |
See MDU's True Return
Price is only half the story. See total return with reinvested dividends.
Launch CalculatorIs MDU Undervalued?
DCF intrinsic value, peer multiples, and analyst estimates — see what the stock is really worth.
View ValuationCompare MDU vs SPIR
Side-by-side business, growth, and profitability comparison vs Spire Global, Inc..
Start ComparisonMDU — Frequently Asked Questions
Quick answers to the most common questions about buying MDU stock.
How much dividend does MDU pay per share?
MDU Resources Group, Inc. (MDU) pays a trailing 12-month dividend of $0.50 per share, with a current dividend yield of +2.3%. Payments are made Annual.
When is MDU's next ex-dividend date?
MDU's most recent ex-dividend date is N/A. You must own shares before the ex-dividend date to receive the next payment. MDU typically pays dividends Annual.
Is MDU's dividend safe?
MDU's dividend safety is rated "Sustainable" based on an earnings payout ratio of +36.6% and FCF payout ratio of N/A. The 1-year growth streak provides moderate confidence.
How many years has MDU increased its dividend?
MDU has 1 consecutive years of dividend growth. The 5-year dividend CAGR is +11.2%.
How often does MDU pay dividends?
MDU Resources Group, Inc. pays dividends Annual. The trailing 12-month total is $0.50 per share. Dividend data on this page covers 37+ years from 1989 to 2026.
How much would $10,000 invested in MDU grow with dividend reinvestment?
With dividends reinvested (DRIP), $10,000 invested in MDU five years ago would be worth approximately $18,772 today. This includes both price appreciation and compounded dividend reinvestment. Use the DRIP calculator above for other time periods.
What is MDU's yield on cost for long-term holders?
MDU's yield on cost — the current dividend divided by the original purchase price — is +5.5% for a 5-year holding period. This means long-term holders earn a higher effective yield than today's +2.3% market yield, thanks to consistent dividend growth.