BISMARCK, N.D., Nov. 14,
2024 /PRNewswire/ -- The board of directors of MDU
Resources Group, Inc. (NYSE: MDU) today declared a quarterly
dividend on the company's common stock of 13 cents per share,
unchanged from the previous quarter. The board continues to target
a long-term dividend payout ratio of 60% to 70% of
regulated energy delivery earnings.
The dividend is payable on Jan.
1, 2025 to stockholders of record as of Dec.12,
2024.
About MDU Resources
MDU Resources Group, Inc., a
member of the S&P SmallCap 600 index, provides essential
products and services through its regulated energy delivery
businesses. Founded in 1924, the company is celebrating its 100th
anniversary; learn more at www.mdu.com/100th-anniversary. For
more information about MDU Resources,
visit www.mdu.com or contact the Investor Relations
Department at investor@mduresources.com.
Forward-Looking Statements
This release contains
forward-looking statements within the meaning of the federal
securities laws. Other than statements of historical facts, all
statements which address activities, events, or developments
that MDU Resources anticipates will or may occur in the
future are forward-looking statements. These forward-looking
statements are based on many assumptions and factors, which are
detailed in MDU Resources' filings with the U.S. Securities
and Exchange Commission (the "SEC"). These forward-looking
statements are based largely on MDU Resources' expectations and
judgments and are subject to a number of risks and uncertainties,
many of which are unforeseeable and beyond its control. For
additional discussion regarding risks and uncertainties that may
affect forward-looking statements, see "Risk Factors" disclosed in
MDU Resources' most recent Annual Report on Form 10-K and
subsequent filings with the SEC. Any changes in such assumptions or
factors could produce significantly different results. The Company
undertakes no obligation to update the forward-looking statements,
whether due to new information, future events, or
otherwise.
Investor Contact: Brent
Miller, assistant treasurer, 701-530-1730
Media Contact: Byron Pfordte,
manager of integrated communications, 208-377-6050
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SOURCE MDU Resources Group, Inc.