MDU Resources Group Inc dividend history

MDU Resources Group Inc's dividend was $0.540 a share in fiscal 2025, up 5.9% on the year before. That was 56.9% of net income.

Dividends, buybacks and capital spending

Dividends (TTM): $112M
Buybacks, last 3 fiscal years: $4.8M
Diluted share count: +1.2%; year over year
Total shareholder yield: 2.7%; dividends 2.7% + buybacks 0.0% of market value
Dividend payout ratio: 57%; of net income paid out
Sales & admin spending: 23.9%; of revenue

Dividends by fiscal year

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

MDU Resources Group Inc: dividends by fiscal year, annual
Fiscal year	2009Dec 2009	2010Dec 2010	2011Dec 2011	2012Dec 2012	2013Dec 2013	2014Dec 2014	2015Dec 2015	2016Dec 2016	2017Dec 2017	2018Dec 2018	2019Dec 2019	2020Dec 2020	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025	LTMJun 2026
Dividend per share	$0.623	$0.635	$0.655	$0.675	$0.695	$0.715	$0.735	$0.755	$0.775	$0.795	$0.815	$0.835	$0.855	$0.875	$0.695	$0.510	$0.540	—
Dividend per share growth	—	+2.0%	+3.1%	+3.1%	+3.0%	+2.9%	+2.8%	+2.7%	+2.6%	+2.6%	+2.5%	+2.5%	+2.4%	+2.3%	−20.6%	−26.6%	+5.9%	—
Dividends paid	115	119	123	160	98	137	143	147	151	155	160	166	171	177	161	103	108	112
Share buybacks	—	—	—	—	—	—	0	0	2	5	0	0	7	7	5	0	0	—
Dividends ÷ net income	—	49.5%	57.9%	—	35.4%	45.9%	—	230.8%	53.6%	56.8%	47.8%	42.6%	45.3%	48.1%	38.9%	36.6%	56.9%	57.2%
Dividends ÷ free cash flow	—	116.4%	95.1%	—	44.1%	86.7%	114.3%	198.8%	141.4%	—	—	79.1%	>999%	262.2%	—	—	—	—

Dividend per share is the amount declared for the fiscal year as stated in the company's filings (including any special dividend), restated for stock splits and checked against the cash dividends paid. Dividends paid and buybacks are cash amounts; the last-twelve-months column can include an extra payment when a quarter-end date moves.

Recent dividend announcements

August 13, 2026 MDU Resources Announces Increased Quarterly Dividend Source

Compare with peers

Head to head: AVA vs MDU MDU vs NWE BKH vs MDU MDU vs UTL

More: Multi-Utilities stocks compared, Utilities sector, rankings of US companies

Figures from MDU Resources Group Inc's SEC filings (10-K and 10-Q), retrieved October 20, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to MDU Resources Group Inc.