Dividend Coverage: Shareholders can safely expect $0.21 dividends by Dec 1, 2016, from Middlesex Water Company (NASDAQ:MSEX).

Dividend Coverage: Shareholders can safely expect $0.21 dividends by Dec 1, 2016, from Middlesex Water Company (NASDAQ:MSEX).

Middlesex Water Company (NASDAQ:MSEX) is expected to pay $0.21 on Dec 1, 2016. The indicated annual dividend is $0.85. Shareholders owning the stock before Nov 8, 2016 will be eligible to receive the payout. Based on Middlesex Water Company’s current price of $34.20, the dividend is 0.62%. This dividend’s record date is Nov 10, 2016 and the announcement date is Oct 27, 2016. The stock increased 0.91% or $0.31 on November 4, hitting $34.2. Middlesex Water Company (NASDAQ:MSEX) has risen 10.14% since April 5, 2016 and is uptrending. It has outperformed by 8.19% the S&P500.

Middlesex Water Company is a water utility company. The company has a market cap of $548.04 million. The Firm has two divisions: regulated and non-regulated. It has a 23.45 P/E ratio. The regulated business includes collecting, treating and distributing water on a retail and wholesale basis to residential, commercial, industrial and fire protection clients in parts of New Jersey, Delaware and Pennsylvania.

Insitutional Activity: The institutional sentiment decreased to 1.06 in Q2 2016. Its down 0.25, from 1.31 in 2016Q1. The ratio dived, as 7 funds sold all Middlesex Water Company shares owned while 43 reduced positions. 13 funds bought stakes while 40 increased positions. They now own 6.99 million shares or 3.98% more from 6.72 million shares in 2016Q1.
The New York-based Gamco Invsts Et Al has invested 0.02% in Middlesex Water Company (NASDAQ:MSEX). Moreover, New York State Common Retirement Fund has 0% invested in Middlesex Water Company (NASDAQ:MSEX) for 16,900 shares. Next Fincl Grp holds 0% of its portfolio in Middlesex Water Company (NASDAQ:MSEX) for 150 shares. Goldman Sachs Grp Incorporated reported 13,602 shares or 0% of all its holdings. Oppenheimer & Inc last reported 64,472 shares in the company. Tiaa Cref Investment Mngmt last reported 65,607 shares in the company. Rhumbline Advisers has 0% invested in the company for 21,210 shares. Loring Wolcott And Coolidge Fiduciary Advsrs Limited Liability Partnership Ma owns 1,000 shares or 0% of their US portfolio. First Manhattan last reported 344,277 shares in the company. Financial Architects owns 17,569 shares or 0.21% of their US portfolio. Comml Bank Of New York Mellon last reported 0% of its portfolio in the stock. Blackrock Inv Mngmt Ltd Liability Corporation accumulated 64,054 shares or 0% of the stock. Bogle Investment Lp De, a Massachusetts-based fund reported 30,263 shares. Baldwin Brothers Incorporated Ma last reported 0% of its portfolio in the stock. Advsr Asset Mgmt accumulated 4,602 shares or 0% of the stock.

Insider Transactions: Since October 7, 2016, the stock had 0 buys, and 2 insider sales for $59,048 net activity. $13,316 worth of Middlesex Water Company (NASDAQ:MSEX) shares were sold by Sohler Bernadette M. The insider OCONNOR A BRUCE sold $45,732.

More notable recent Middlesex Water Company (NASDAQ:MSEX) news were published by: Globenewswire.com which released: “Middlesex Water Company Announces Third Quarter 2016 Financial Results” on November 01, 2016, also Globenewswire.com with their article: “Middlesex Water Company CEO Dennis Doll to Serve as Panelist and Keynote …” published on September 01, 2016, Globenewswire.com published: “Middlesex Water Company Announces First Quarter 2016 Financial Results” on May 03, 2016. More interesting news about Middlesex Water Company (NASDAQ:MSEX) were released by: Globenewswire.com and their article: “Robert K. Fullagar of Middlesex Water Company Honored for Water Operations …” published on March 24, 2016 as well as Globenewswire.com‘s news article titled: “Middlesex Water Company Reports Fourth Quarter and Full Year 2015 Results” with publication date: March 04, 2016.

MSEX Company Profile

Middlesex Water Company, incorporated in 1897, is a water utility company. The Firm has two divisions: regulated and non-regulated. The regulated business includes collecting, treating and distributing water on a retail and wholesale basis to residential, commercial, industrial and fire protection clients in parts of New Jersey, Delaware and Pennsylvania. The Company’s segment also includes regulated wastewater systems in New Jersey and Delaware. The non-regulated business includes non-regulated contract services for the operation and maintenance of municipal and private water and wastewater systems in New Jersey and Delaware. The Firm owns and operates regulated water utility and wastewater systems in New Jersey, Delaware and Pennsylvania. The Firm also operates water and wastewater systems under contract on behalf of municipal and private clients in New Jersey and Delaware. The Company’s subsidiaries include Tidewater Utilities, Inc. (Tidewater), Tidewater Environmental Services, Inc. (TESI), Pinelands Water Company (Pinelands Water) and Pinelands Wastewater Company (Pinelands Wastewater) (collectively Pinelands), Utility Service Affiliates, Inc. (USA), Utility Service Affiliates (Perth Amboy) Inc. (USA-PA) and Twin Lakes Utilities, Inc. (Twin Lakes).

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