MDU Resources Declares Quarterly Dividend
Ticker: MDU · Form: 8-K · Filed: May 20, 2024 · CIK: 67716
Sentiment: neutral
Topics: dividend, shareholder-return
TL;DR
MDU Resources declared a $0.245/share dividend, payable June 10th to May 24th record holders.
AI Summary
MDU Resources Group Inc. announced on May 14, 2024, that its Board of Directors declared a quarterly cash dividend of $0.245 per share. This dividend is payable on June 10, 2024, to shareholders of record as of May 24, 2024. This action reflects the company's ongoing commitment to returning value to its shareholders.
Why It Matters
This dividend declaration signals continued financial stability and commitment to shareholder returns for MDU Resources Group Inc.
Risk Assessment
Risk Level: low — The filing is a routine dividend declaration, which is a standard corporate action with low inherent risk.
Key Numbers
- $0.245 — Quarterly Dividend Per Share (Amount declared for shareholders)
- June 10, 2024 — Dividend Payment Date (Date shareholders will receive the dividend)
- May 24, 2024 — Record Date (Date shareholders must be on record to receive dividend)
Key Players & Entities
- MDU Resources Group Inc. (company) — Registrant
- May 14, 2024 (date) — Date of Report
- $0.245 (dollar_amount) — Quarterly cash dividend per share
- June 10, 2024 (date) — Payment date for dividend
- May 24, 2024 (date) — Record date for dividend
FAQ
What is the amount of the quarterly cash dividend declared by MDU Resources Group Inc.?
MDU Resources Group Inc. declared a quarterly cash dividend of $0.245 per share.
When is the dividend payment date?
The dividend is payable on June 10, 2024.
Who is eligible to receive this dividend?
Shareholders of record as of May 24, 2024, are eligible to receive the dividend.
What is the filing date of this Form 8-K?
The Form 8-K was filed on May 20, 2024, reporting events as of May 14, 2024.
What is the company's principal executive office location?
The company's principal executive offices are located at 1200 West Century Avenue, Bismarck, North Dakota.
Filing Stats: 681 words · 3 min read · ~2 pages · Grade level 9.9 · Accepted 2024-05-17 17:33:40
Key Financial Figures
- $1.00 — ch registered) Common Stock, par value $1.00 per share MDU New York Stock Exchange
Filing Documents
- mdu-20240514.htm (8-K) — 45KB
- 0000067716-24-000059.txt ( ) — 196KB
- mdu-20240514.xsd (EX-101.SCH) — 2KB
- mdu-20240514_def.xml (EX-101.DEF) — 14KB
- mdu-20240514_lab.xml (EX-101.LAB) — 25KB
- mdu-20240514_pre.xml (EX-101.PRE) — 15KB
- mdu-20240514_htm.xml (XML) — 3KB
07 Submission of Matters to a Vote of Security Holders
Item 5.07 Submission of Matters to a Vote of Security Holders. The MDU Resources Group, Inc.'s (the "Company") Annual Meeting of Stockholders (the "Annual Meeting") was held on May 14, 2024. Three Company proposals were submitted to stockholders as described in the Company's Definitive Proxy Statement filed with the SEC on March 29, 2024. The proposals and the results of the stockholder vote, with fractional share totals rounded to the nearest whole share, are as follows: 1. Shares For Shares Against Abstentions Broker Non-Votes Proposal to Elect Nine Directors for One-Year Terms: Darrel T. Anderson 155,259,355 530,210 276,644 24,873,389 James H. Gemmel 154,697,678 1,048,891 319,640 24,873,389 Douglas W. Jaeger 155,298,422 468,109 299,678 24,873,389 Dennis W. Johnson 150,575,588 5,116,428 374,193 24,873,389 Nicole A. Kivisto 155,394,806 430,308 241,095 24,873,389 Dale S. Rosenthal 154,590,510 1,190,038 285,661 24,873,389 Edward A. Ryan 152,611,167 3,175,785 279,257 24,873,389 David M. Sparby 154,168,552 1,596,383 301,274 24,873,389 Chenxi Wang 154,454,614 1,339,613 271,982 24,873,389 All of the Company's nominees were elected, having received more votes cast "for" their election than "against" their election. 2. Shares For Shares Against Abstentions Broker Non-Votes Advisory Vote to Approve the Compensation Paid to the Company's Named Executive Officers 149,441,848 5,921,590 702,771 24,873,389 The proposal was approved, on a non-binding advisory basis, having received the affirmative vote of a majority of the common stock present in person or represented by proxy at the Annual Meeting and entitled to vote on the proposal . 2 3. Shares For Shares Against Abstentions Ratification of the Appointment of Deloitte & Touche LLP as the Company's Independent Registered Public Accounting Firm for 2024 174,085,618 6,520,218 333,762 The proposal was approved, having received the affirmative vote of a majority of the common stock presen
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits. (d) Exhibits. The following exhibits are being furnished as part of this report. Exhibit Number Description 104 Cover Page Interactive Data File (embedded within the Inline XBRL document). 3 SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Date: May 17, 2024 MDU Resources Group, Inc. By: /s/ Paul R. Sanderson Paul R. Sanderson Vice President, Chief Legal Officer and Secretary 4