MDU Resources Declares Quarterly Dividend on Common Stock
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BISMARCK, N.D., Feb. 11, 2021 /PRNewswire/ MDU Resources Group, Inc. s (NYSE: MDU) board of directors today declared a quarterly dividend on the company s common stock of 21.25 cents per share, unchanged from the previous quarter.
The dividend is payable April 1 to stockholders of record March 11, 2021.
About MDU Resources
MDU Resources Group, Inc., a member of the S&P MidCap 400 index and the S&P High-Yield Dividend Aristocrats index, is Building a Strong America
® by providing essential products and services through its regulated energy delivery and construction materials and services businesses. For more information about MDU Resources, visit www.mdu.com or contact the Investor Relations Department at [email protected].
MDU Resources Earnings Increase 16% in 2020; Company Initiates 2021 Guidance
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BISMARCK, N.D., Feb. 3, 2021 /PRNewswire/ MDU Resources Group, Inc. (NYSE: MDU) today announced earnings increased 16% in 2020 to $390.2 million, or $1.95 per share, compared to 2019 earnings of $335.5 million, or $1.69 per share. In the fourth quarter, the company s earnings were $112.3 million, or 56 cents per share, compared to $95.1 million, or 47 cents per share, in 2019. This is the second-best earnings result in our 97-year history, and we are incredibly proud of our employees dedication to Building a Strong America despite the challenges 2020 presented, said David L. Goodin, president and CEO of MDU Resources. Our construction companies shattered earnings records, and our regulated energy businesses also had strong results. Our success during this tumultuous year further underscores the essential nature of our businesses. Our employees
Knife River Acquires Wyoming Construction Materials Business
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BISMARCK, N.D., Dec. 16, 2020 /PRNewswire/ Knife River Corporation announced today it has expanded its Intermountain Region footprint by acquiring the assets of McMurry Ready-Mix Co., an aggregates and concrete supplier based in Casper, Wyoming. Knife River is the construction materials subsidiary of MDU Resources Group, Inc. (NYSE: MDU) and operates in 15 states.
McMurry s estimated aggregate reserves of nearly 100 million tons are strategically positioned throughout central Wyoming, including along interstates 25 and 80. The company also has a ready-mix plant on the west side of Casper, complementing Knife River s east Casper location. Knife River s Intermountain operations also include Cheyenne and Laramie, Wyoming, as well as locations throughout Montana and Idaho.