Is the MDU Resources Group Dividend Safe?
MDU Resources Group has been increasing the dividend for 34 years.
Over the past 10 years, MDU Resources Group has increased it by an annual -3.322 %.
Over a five-year period, the distribution increased by -8.949%.
Analysts expect a Dividend Increase of 2.262% for the current fiscal year.
MDU Resources Group Aktienanalyse
What does MDU Resources Group do?
MDU Resources Group Inc is a diversified company operating in the energy, construction, and materials sectors. The company was founded in 1924 in North Dakota and is headquartered in Bismarck, North Dakota.
MDU Resources' energy division includes the exploration, production, and transportation of energy. The company operates multiple coal mines in the United States, producing several million tons of coal annually. Additionally, the company operates natural gas and oil production facilities in North and South Dakota.
MDU Resources is also involved in the construction industry. The company offers services such as road construction, civil and structural construction, water and wastewater systems, and oil services. MDU Resources' construction teams have successfully completed many large and complex projects in the past, including highways, pipelines, and power plants.
In the materials sector, MDU Resources operates facilities for the extraction, transportation, and processing of sand, gravel, concrete, and cement. This also includes the distribution of these materials to customers in the construction industry.
Another significant area for MDU Resources is the supply of energy and water technology products. The company offers a wide range of technical products such as solar energy products, energy storage systems, combustion equipment, and pipeline technology. MDU Resources' water division supplies and installs equipment and water systems for public and private customers.
MDU Resources Group also operates its own service and utility companies focusing on meter rentals and the installation of energy and water equipment.
In the past, MDU Resources Group Inc has expanded not only in the United States but also in Canada and other parts of the world. The company is a leader in the energy, construction materials, and production industry.
The business model of MDU Resources Group is based on the belief that the company's growth relies on diversification, innovation, and the development of new and renewable energies. The company is committed to sustainability and aims to reduce energy and water consumption, minimize waste, and promote clean energy sources.
The company also aims to improve customer satisfaction through excellent service and the provision of high-quality products. In all its business activities, it strives to adhere to the highest standards of safety, health, and environmental protection.
Since its inception, MDU Resources Group has been a responsible and ethical company. It is known for its fair business practices and commitment to the communities in which it operates.
In summary, MDU Resources Group is a versatile conglomerate specializing in energy, construction, materials, and utility and technology products. The company has a long history and is an industry leader in the United States and beyond. It is a responsible and ethical company that focuses on diversification and sustainability while striving to meet customer needs and adhere to the highest standards of safety, health, and environmental protection. MDU Resources Group is one of the most popular companies on Eulerpool.com.Stock savings plans offer an attractive way for investors to build wealth over the long term. One of the main advantages is the so-called cost-average effect: by regularly investing a fixed amount in stocks or stock funds, you automatically buy more shares when prices are low, and fewer when they are high. This can lead to a more favorable average price per share over time. In addition, stock savings plans allow small investors access to expensive stocks, as they can participate with small amounts. Regular investment also promotes a disciplined investment strategy and helps to avoid emotional decisions, such as impulsive buying or selling. Furthermore, investors benefit from the potential appreciation of the stocks as well as from dividend distributions, which can be reinvested, enhancing the compounding effect and thus the growth of the invested capital.