Middlesex Water Company (MSEX) will begin trading ex-dividend on August 14, 2019. A cash dividend payment of $0.24 per share is scheduled to be paid on September 03, 2019. Shareholders who purchased MSEX prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 4th quarter that MSEX has paid the same dividend. At the current stock price of $59.66, the dividend yield is 1.61%.
The previous trading day's last sale of MSEX was $59.66, representing a -6.31% decrease from the 52 week high of $63.68 and a 38.36% increase over the 52 week low of $43.12.
MSEX is a part of the Public Utilities sector, which includes companies such as American Water Works (AWK) and Companhia de saneamento Basico Do Estado De Sao Paulo - Sabesp (SBS). MSEX's current earnings per share, an indicator of a company's profitability, is $2.05. Zacks Investment Research reports MSEX's forecasted earnings growth in 2019 as .51%, compared to an industry average of 1.8%.
Interested in gaining exposure to MSEX through an Exchange Traded Fund [ETF]?
The following ETF(s) have MSEX as a top-10 holding:
- iShares Microcap ETF (IWC).
The top-performing ETF of this group is IWC with an decrease of -7.74% over the last 100 days. It also has the highest percent weighting of MSEX at 0.3%.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.