Trailing Dividend / Share
$0.53
MDU Resources Group, Inc. (MDU) Dividend History
Income profile from 1989 to 2026 with payout safety and yield-on-cost trend
Dividend Yield
2.5%
Payout Ratio
56.9%
Sustainable
Dividend Streak
37 years
MDU Dividend Income Check
Safety
56.9% payout ratio with sustainable safety profile.
Consistency
37 straight years of dividend increases.
Income Trend
Yield on cost is 5.5% and trend is rising.
MDU Dividend Scorecard
Yield & Income
Dividend Yield2.5%
Trailing DPS$0.53
FrequencySemi-Annual
Payments / 12M4
Payout Safety
Earnings Payout56.9%
Earnings SafetySustainable
FCF PayoutN/A
FCF SafetyUnknown
Piotroski F-Score3/9
Growth
Growth Streak37 years
3Y CAGR17.6%
5Y CAGR11.2%
Yield on Cost (5Y)5.5%
YOC Trendrising
Total Returns
Buyback Yield0.0%
Total Shareholder Yield2.5%
1Y Total Return35.4%
5Y Total Return100.1%
Div Contribution (5Y)17.2%
Estimated $10K growth (return + dividends):
5Y ago$20,01110Y ago$27,82620Y ago$31,493
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
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Monthly dividend calendar — upcoming ex-dates for stocks you follow.
Dividend Analysis
Payout Safety
MDU Resources Group, Inc. distributes 56.9% of earnings as dividends (Sustainable).
Piotroski F-Score: 3/9 — weak financial health.
Growth Track Record
MDU has raised its dividend for 37 consecutive years, 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: 2.5% dividend yield, 2.5% 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 100.1%, with dividends contributing 17.2% of that performance.
DRIP Growth
A $10,000 investment made 10 years ago with dividends reinvested would have grown to approximately $27,826 today.
MDU Recent Dividend Payments
Last 20 payments · Semi-Annual
TTM Total$2.00
Avg/Payment$0.1001
| Ex-Date | Amount | Change | Yield % | Payment Date |
|---|---|---|---|---|
| Jun 11, 2026Latest | $0.1400 | — | 2.68% | Jul 1, 2026 |
| Mar 12, 2026 | $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 |
MDU Dividend vs Peers
Comparable companies in the same industry
#5 yield in peer group
Div Yield
2.5%
#5 of 9
Safety
Sustainable
56.9% payout
Streak
37Y
11.2% 5Y CAGR
Total Shareholder
2.5%
#5 of 9
| Company | Mkt Cap | Yield | Payout | Streak | Safety |
|---|---|---|---|---|---|
| MDUMDU Resources Group,… | $4.4B | 2.5% | 56.9% | 37 | Sustainable |
 NINiSource Inc. | $22.7B | 2.4% | 57.1% | 14 | Sustainable |
 OGEOGE Energy Corp. | $9.8B | 3.6% | 72.6% | 19 | Watch |
1st  AVAAvista Corporation | $3.3B | 4.9% | 82.4% | 23 | Watch |
 OTTROtter Tail Corporati… | $3.7B | 2.4% | 31.9% | 12 | Sustainable |
2nd  NWENorthwestern Energy … | $4.3B | 3.8% | 89.1% | 18 | At Risk |
3rd  BKHBlack Hills Corporat… | $5.5B | 3.7% | 67.9% | 41 | Watch |
 VMCVulcan Materials Com… | $39.3B | 0.7% | 24.0% | 12 | Sustainable |
 MLMMartin Marietta Mate… | $36.7B | 0.5% | 17.3% | 10 | Sustainable |
MDU Annual Dividend History (1989–2026)
38 years of dividend data
GrowthDecline
| Year | DPS | YoY | Pmts | EPS | Payout | Coverage | YOC |
|---|---|---|---|---|---|---|---|
| 2026YTD | $0.28 | — | 2 | — | — | — | 2.9% |
| 2025 | $0.54 | 58.6% | 4 | $0.93 | 58.1% | 1.72x | 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% |
Consensus-Based Analysis Tools
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
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Historical Returns
37+ years return with dividends reinvested.
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DCA Calculator
See how regular investing compounds over time.
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Peer Comparison
Compare growth, multiples, and margins vs sector.
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MDU — 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 $0.53 per share, with a current dividend yield of +2.5%. Payments are made Semi-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 Semi-Annual.
Is MDU's dividend safe?
MDU's dividend safety is rated "Sustainable" based on an earnings payout ratio of +56.9% and FCF payout ratio of N/A. With 37 consecutive years of dividend growth, the track record supports sustainability.
Is MDU a Dividend Aristocrat?
Yes, MDU Resources Group, Inc. is classified as a Dividend Aristocrat with 37 consecutive years of dividend increases. The 5-year dividend CAGR is +11.2%, demonstrating above-inflation dividend growth.
How often does MDU pay dividends?
MDU Resources Group, Inc. pays dividends Semi-Annual. The trailing 12-month total is $0.53 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 $20,011 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 +2.5% market yield, thanks to consistent dividend growth.