Middlesex Water

Middlesex Water Co. owns and operates regulated water utility and wastewater systems. The firm's services include water production, treatment, & distribution, full service municipal contract operations, wastewater collection and treatment. It operates through two segments: Regulated and Non-Regulated. The Regulated segment serves residential, commercial, industrial and municipal customers. The Non-Regulated segment engages in business activities with developers, government entities and other customers. The company was founded in 1897 and is headquartered in Iselin, NJ.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

BOK Financial

Brown & Brown

D.R. Horton

Entergy

Fidelity D & D Bancorp

Comfort Systems USA

Gorman-Rupp

Honeywell

HomeTrust Bancshares

Cohen & Steers Reit And Preferred Income Fund Inc

Rollins

Starbucks

Schwab US Dividend Equity ETF

Selective Insurance Group

Timberland Bancorp

Visa

Vanguard Real Estate ETF

Western Alliance Bancorporation

West Pharmaceutical Services

Exxon Mobil

This week, 17 companies with an average dividend increase of 8.3% are highlighted, emphasizing consistent dividend growth and outperforming benchmarks. My investment strategy focuses on buying, holding, and adding companies with consistent dividend increases and superior performance compared to benchmarks. The list is created using data from the "U.S. Dividend Champions" spreadsheet and NASDAQ, featuring companies with at least five years of dividend growth.

17 Upcoming Dividend Increases

Middlesex Water (MSEX) came out with quarterly earnings of $0.80 per share, beating the Zacks Consensus Estimate of $0.67 per share. This compares to earnings of $0.56 per share a year ago.

Middlesex Water (MSEX) Beats Q3 Earnings and Revenue Estimates

Diluted earnings per share of $0.80 for the quarter, an increase of 42.9% in comparison to the prior year Common dividend increased by 4.62%. ISELIN, N.J.

Middlesex Water Announces Third Quarter 2024 Financial Results

ISELIN, N.J., Oct. 24, 2024 (GLOBE NEWSWIRE) -- Middlesex Water Company (NASDAQ: MSEX) announced today that its Board of Directors has declared a quarterly cash dividend of $0.34 per share on its common stock, a 4.62% increase from the $0.325 per share dividend last declared in July 2024.

Middlesex Water Company Increases Common Dividend by 4.62%

ISELIN, N.J., Oct. 21, 2024 (GLOBE NEWSWIRE) -- Middlesex Water Company (NASDAQ:MSEX), a provider of water, wastewater and related utility services, plans to announce its financial results for the third quarter ended September 30, 2024 on October 31, 2024 after the market closes. The press release and the company's 10-Q filing will be available in the Investors section of the Company's website.

Middlesex Water to Report 3rd Quarter 2024 Earnings on October 31

Archer-Daniels-Midland Company

Black Hills

California Water Service Group

Con Ed

Fortis

Genuine Parts

Hormel Foods

Coca-Cola

Kenvue

Altria

National Fuel Gas

Northwest Natural Gas

PPG Industries

SJW Group

Stanley Black & Decker

Sysco

Target

United Bankshares

Universal Corp

A Dividend King is a stock with 50 or more consecutive years of dividend increases per suredividend.com. The 53 Dividend Kings, screened as of October 8, represented 8 of 11 Morningstar Sectors. Broker-targeted top-ten net-gains ranged 13.99%-20.65% topped by Northwest Natural and United Bankshares. By yield, Altria tops all. Top-ten October dogs: HRL, KVUE, FRT, UBSI, FTS, BKH, NWN, CDUAF, UVV, and MO averaged 4.87% in yield.

Buy 7 October Dividend Kings, Watch 10 More

ISELIN, N.J., Oct. 09, 2024 (GLOBE NEWSWIRE) -- Middlesex Water Company (the “Company” or “Middlesex”), (Nasdaq:MSEX), a provider of water and wastewater and related services primarily in New Jersey and Delaware, today announced that Bernadette M.

Middlesex Water Company Announces Retirement of Bernadette Sohler, VP of Corporate Affairs

ISELIN, N.J., Oct. 03, 2024 (GLOBE NEWSWIRE) -- Middlesex Water Company (NASDAQ:MSEX), a provider of water, wastewater and related utility services, is pleased to announce it has been named a finalist in Ragan's prestigious PR Daily Awards.

Middlesex Water Named a Finalist in the PR Daily Awards

ISELIN, N.J., Sept. 20, 2024 (GLOBE NEWSWIRE) -- Middlesex Water Company (NASDAQ:MSEX) has announced that its Vice President of Enterprise Engineering, G.

Middlesex Water Vice President G. Christian Andreasen to Participate in Upcoming Gabelli Funds PFAS Symposium

ISELIN, N.J., Sept. 17, 2024 (GLOBE NEWSWIRE) -- Middlesex Water Company (the “Company” or “Middlesex Water”) has announced that its President and Chief Executive Officer, Nadine Leslie, and Senior Vice President, Chief Financial Officer and Treasurer, Mohammed G. (Rally) Zerhouni, will be participating in the 4th Annual Virtual Water Utilities Conference hosted by Janney Montgomery Scott on Thursday, September 19, 2024 at 1:00 p.m. (ET). Ms. Leslie and Mr. Zerhouni will be providing a Company update. The Conference is a virtual event to be moderated by Michael Gaugler, Janney Senior Analyst and Managing Director, Utility & Infrastructure. The live presentation as well as a replay of the webcast will be available in real time and be posted at https://wsw.com/webcast/jms13/msex/1693846 or on Middlesex Water's website www.middlesexwater.com under Investors at the News & Events/Presentations Tab. The presentation will be available for 90 days.

Middlesex Water Company CEO Nadine Leslie and CFO Rally Zerhouni to Participate in Janney Virtual Water Utilities Conference

Emerson Electric

Leggett & Platt

Stepan

"What is a Dividend King? A stock with 50 or more consecutive years of dividend increases.” - suredividend.com. The 53 Dividend Kings, screened as of Sept. 10, represented eight of 11 Morningstar Sectors. Broker-targeted top 10 net gains ranged around 11.59%-35.94%, topped by Emerson and Stephan. By yield, Altria tops all. Top 10 September dogs: HRL, KVUE, FRT, FTS, UBSI, BKH, NWN, CDUAF, UVV, and MO averaged 4.70% in yield.

Buy 7 September Dividend Kings, Watch 9 More

ISELIN, N.J., Sept. 05, 2024 (GLOBE NEWSWIRE) -- Middlesex Water Company (NASDAQ:MSEX), a provider of water, wastewater and related utility services, is pleased to announce that its Vice President, General Counsel and Secretary, Jay L.

Middlesex Water General Counsel, Jay L. Kooper, Named a 2024 New Jersey Legal Awards Finalist

DOVER, Del., Aug. 30, 2024 (GLOBE NEWSWIRE) -- Tidewater Utilities, Inc. (“Tidewater” or the “Company”), a wholly owned subsidiary of Middlesex Water Company (Nasdaq:MSEX) filed a request today with the Delaware Public Service Commission (PSC) for new rates in order to recover prudently incurred investments made in the last ten years to support continued regulatory compliance, enhance water quality, service reliability, security and resiliency of its water utility infrastructure assets.

Tidewater Utilities Files for Rate Adjustment

Federal Realty Investment Trust

“What is a Dividend King? A stock with 50 or more consecutive years of dividend increases.”—suredividend.com. The 53 Dividend Kings, screened as of August 6, represented 8 of 11 Morningstar Sectors. Broker-targeted top-ten net-gains ranged 9.36%-31.67% topped-by PPG, and Target. By yield, Altria tops-all. Top-ten August dogs: NFG, FRT, KVUE, FTS, UBSI, BKH, NWN, CDUAF, UVV, & MO averaged 4.92% in yield.

53 August Dividend Kings: Buy 7, Watch 9 More

Middlesex Water (MSEX) came out with quarterly earnings of $0.59 per share, missing the Zacks Consensus Estimate of $0.64 per share. This compares to earnings of $0.55 per share a year ago.

Middlesex Water (MSEX) Misses Q2 Earnings Estimates

Second Quarter 2024 Net Income was $10.5 million, as compared to $9.9 million in 2023, an increase of 6.5%. Second Quarter 2024 Revenues were $49.1 million, as compared to $42.8 million in 2023, an increase of 14.8%.

Middlesex Water Announces Second Quarter 2024 Results

American Water Works

Over the past year, the utilities sector has notably lagged behind the overall market. The Utilities Select Sector SPDR Fund (NYSEARCA: XLU ) has gained only a modest 6%.

The Top 3 Utilities Stocks to Buy Now: Summer 2024

Artesian Resources

Water stocks don't really need much in terms of fundamental justification. It's the one resource that is easily the most precious.

What Are the Hottest Water Stocks Right Now? 3 Top Picks.

ISELIN, N.J., July 24, 2024 (GLOBE NEWSWIRE) -- Middlesex Water Company (NASDAQ:MSEX) has announced that its Board of Directors has declared a cash dividend of $0.325 per share on its common stock, payable September 3, 2024 to shareholders of record as of August 15, 2024.

Middlesex Water Company Declares Quarterly Cash Dividend

Middlesex Water (MSEX) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.

Middlesex Water (MSEX) Surges 5.1%: Is This an Indication of Further Gains?

"What is a Dividend King? A stock with 50 or more consecutive years of dividend increases."—suredividend.com. The 53 Dividend Kings, screened as of July 8, represented 8 of 11 Morningstar Sectors. Broker-targeted top-ten net-gains ranged 18.24%-30.31% topped-by Kenvue, and Genuine Parts. By yield, Altria tops-all. Top-ten July listings: SWK, FRT, KVUE, FTS, UBSI, BKH, NWN, CDUAF, UVV, MMM, & MO averaged 5.37% in yield.

53 July Dividend Kings: Buy 8, Watch 8 More

Pentair

Veolia Environnement SA

Essential Utilities

Xylem

As water scarcity becomes a critical global issue, water stocks are gaining significant attention from investors. By 2030, the demand for freshwater is projected to exceed supply by 40%.

7 Water Stocks to Buy Now: June 2024

York Water

Investing in water stocks can be a fruitful decision due to the essential role water plays in the functioning of our society. Water utilities provide a critical resource, ensuring reliable demand regardless of the underlying conditions in the economy.

The 3 Best Water Stocks to Buy in June 2024

ISELIN, N.J., June 10, 2024 (GLOBE NEWSWIRE) -- Middlesex Water Company (NASDAQ: MSEX) has named Mohammed G.

Middlesex Water Company Names New Chief Financial Officer

Middlesex Water (MSEX) continues with its initiatives to enhance its infrastructure and provide high-quality services to customers.

Middlesex Water (MSEX) to Invest $9.7M in Water Infrastructure

News for Middlesex Water Stock (MSEX)