Middlesex Water Company (NASDAQ:MSEX) had declared a cash dividend of $0.1988 on Jul 26, 2016. The shares will quote ex-dividend on Aug 10, 2016 and the record date has been fixed for Aug 12, 2016. On Jul 26, 2016 share price, the yield comes out to be 1.9250%. The dividend payable date has been fixed on Sep 1, 2016.
Middlesex Water Company (MSEX) made into the market gainers list on Fridays trading session with the shares advancing 0.81% or 0.33 points. Due to strong positive momentum, the stock ended at $41.31, which is also near the day’s high of $41.82. The stock began the session at $40.77 and the volume stood at 68,931 shares. The 52-week high of the shares is $44.11 and the 52 week low is $22.12. The company has a current market capitalization of $671 M and it has 1,62,41,484 shares in outstanding.
Middlesex Water Company(MSEX) last announced its earnings results on May 3, 2016 for Fiscal Year 2016 and Q1.Company reported revenue of $30.58M. Analysts had an estimated revenue of $128.00M. Earnings per share were $0.29.
Several Insider Transactions has been reported to the SEC. On Apr 14, 2016, Bernadette M Sohler (VP-Corporate Affairs) sold 500 shares at $33.26 per share price.Also, On Apr 7, 2016, A Bruce Oconnor (Vice President & CFO) sold 1,100 shares at $31.17 per share price.On Mar 23, 2016, Kim C Hanemann (director) purchased 100 shares at $29.87 per share price, according to the Form-4 filing with the securities and exchange commission.
Middlesex Water Company (Middlesex) is a water utility company. The Company owns and operates regulated water utility and wastewater systems in New Jersey Delaware and Pennsylvania. Middlesex also operates water and wastewater systems under contract on behalf of municipal and private clients in New Jersey and Delaware. The Company operates in two segments: Regulated and Non-Regulated. The Regulated segment consists of collecting treating and distributing water on a retail and wholesale basis to residential commercial industrial and fire protection customers in parts of New Jersey Delaware and Pennsylvania. This segment also includes regulated wastewater systems in New Jersey and Delaware. The Non-Regulated segment consists of non-regulated contract services for the operation and maintenance of municipal and private water and wastewater systems in New Jersey and Delaware.