MSEX – Dividend Returns, History & Calculator

Dividend Contender 22 Years

Middlesex Water Company owns and operates regulated water utility and wastewater systems in the United States. It operates in two segments, Regulated and Non-Regulated. The Regulated segment collects, treats, and distributes water on a retail and wholesale bas

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Company Info

Symbol MSEX
Company Middlesex Water Company
Sector Utilities
Industry Utilities - Regulated Water
Website Visit
Market Cap $1,053.1M

Price Data

Price $58.45
Price Change +2.01
Price Change % +3.56%
Next Earnings Oct 30, 2025
Low (52W) $48.18
High (52W) $70.73

Dividend Data

Div Yield 232.68%
5Y Avg Yield 176.97%
Current Div $0.340
Payouts/Year 4
Annualized $1.360
Previous Div $0.340
Ex-Date Aug 15, 2025

Growth Rates

Chowder Number 8.2
DGR 1Y 4.6%
DGR 3Y -2.1%
DGR 5Y 5.8%
DGR 10Y 5.8%

Total Returns

TTR 1Y - With Specials -8.8%
TTR 3Y - With Specials -7.7%
TTR 1Y - No Specials -8.8%
TTR 3Y - No Specials -7.7%

Fair Value

Fair Value (P/E 10) $61.16
FV (P/E 10) % -4.0%
Fair Value (Peter Lynch) $12.10
FV (Peter Lynch) % 383.0%
Fair Value (Blended) $64.91
FV (Blended) % -10.0%

Financial Metrics

Revenue 1Y 15.4%
NPM 10.3%
CF/Share $4.05
ROE 9.7%
Current R 0.4x
Debt/Capital 44.0%
ROTC 2.5%
P/E 24.2x
P/BV 2.3x
PEG 2.19
📊 Financial data last updated: October 16, 2025 10:42 am

Calculate your MSEX Dividend Returns

Quickly and easily calculate MSEX dividend yield using our MSEX calculator. Adjust the fields below to see how your MSEX investments snowball over time.

Show Idealized Scenario (Assumes all future extra investments and dividends are made on Day 1 and reinvested instantly — this creates a best-case scenario for compounding growth.)

Portfolio Growth Over Time

Data last updated: October 16, 2025 10:14 pm

Year-by-Year Portfolio Growth (Realistic DRIP Scenario)

YearStart BalanceStart SharesShare PriceDividend / ShareDividend YieldYield on CostAnnual DividendTotal DividendsEnd SharesEnd Balance
1$10,000171$58.48$0.342.33%2.33%$252$252196$11,452
2$12,426196$63.45$0.362.26%2.45%$300$553219$13,926
3$15,110219$68.84$0.382.20%2.59%$352$904242$16,661
4$18,077242$74.69$0.402.14%2.73%$406$1,310264$19,683
5$21,356264$81.04$0.422.08%2.88%$463$1,773284$23,019
6$24,976284$87.93$0.442.02%3.04%$524$2,297304$26,700
7$28,969304$95.41$0.471.97%3.21%$589$2,886322$30,757
8$33,372322$103.51$0.491.91%3.38%$657$3,542340$35,229
9$38,223340$112.31$0.521.86%3.57%$729$4,272358$40,152
10$43,565358$121.86$0.551.81%3.77%$806$5,078374$45,571

MSEX Dividend History

Ex-Date Payment Date Amount TTM Yield Forward Yield Price on Ex-Date
08/15/202508/15/2025$0.3402.57%2.57%$52.98
05/15/202505/15/2025$0.3402.36%2.38%$57.10
02/18/202502/18/2025$0.3402.58%2.64%$51.52
11/15/202411/15/2024$0.3401.96%2.03%$66.98
08/15/202408/15/2024$0.3252.14%2.14%$60.86
05/14/202405/14/2024$0.3252.24%2.27%$57.38
02/14/202402/14/2024$0.3252.34%2.38%$54.51
11/15/202311/15/2023$0.3251.92%1.98%$65.73
08/10/202308/10/2023$0.3131.57%1.57%$79.90
05/11/202305/11/2023$0.3131.69%1.72%$72.73
02/13/202302/13/2023$0.3131.41%1.46%$85.62
11/15/202211/15/2022$0.3131.29%1.37%$91.58
08/11/202208/11/2022$0.2901.26%1.26%$91.95
05/12/202205/12/2022$0.2901.29%1.29%$90.07
02/11/202202/11/2022$0.2901.19%1.20%$96.32
11/15/202111/15/2021$0.2901.07%1.10%$105.46
11/10/202111/10/2021$0.2901.05%1.10%$105.54
08/12/202108/12/2021$0.2731.03%1.03%$106.18
05/13/202105/13/2021$0.2731.36%1.38%$79.03
02/11/202102/11/2021$0.2731.30%1.34%$81.47
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MSEX 10-yr Total Return ($10,000 invested)

This analysis of MSEX demonstrates the power of dividend reinvestment over a 10-year period with a $10,000 initial investment. The dividend reinvestment strategy delivered a 10.2% CAGR, representing strong long-term performance. The DRIP strategy provided 20% more total return compared to collecting dividends as cash, highlighting the compounding effect of reinvestment.

With DRIP No DRIP

Total Return with and without DRIP (MSEX)

Over the selected period, investing $10,000 in MSEX would grow to $31,816 with DRIP (218.2%), and $31,063 without DRIP (210.6%).

MSEX Dividend Reinvestment Snowball

Investing $10,000 + $100/mo in MSEX with historic price growth (8.50%) and dividend growth (5.50%) produces dramatically different outcomes depending on whether you reinvest dividends.

After 20 Years

Your Investment: $34,000

With DRIP

Portfolio: $146,929

Annual Dividend: $1,951

Yield on Cost: 5.74%

Total Dividends: $18,102

No DRIP

Portfolio: $126,821

Total Dividends: $15,017

After 30 Years

Your Investment: $46,000

With DRIP

Portfolio: $391,472

Annual Dividend: $3,929

Yield on Cost: 8.54%

Total Dividends: $45,773

No DRIP

Portfolio: $306,400

Total Dividends: $35,014

Milestones on the way

By year 13, the compounding really starts to show. Your total dividends collected reach $7,853 against a total investment of $25,600. At this point, your portfolio is throwing off $1,115 per year in dividends alone.

By year 17, the annual dividend climbs to around your initial contribution. For a starting investment of $10,000, the yearly dividend now sits at approximately $1,551, a powerful “income on autopilot” milestone.

After two decades, cumulative dividends total $18,102 versus $34,000 invested, nearly a 53% recovery of capital purely from income. Yield on cost reaches 5.74%.

At year 25, the income engine takes over. The portfolio’s annual dividend of $2,797 is greater than total contributions to date ($40,000), and cumulative dividends exceed $29,550.

By year 30, the DRIP snowball is in full force. Yearly income reaches $3,929, cumulative dividends total $45,773, and the DRIP portfolio value stands at $391,472, compared with $306,400 if dividends weren’t reinvested.

How we estimate these numbers

We use the latest calculator inputs for MSEX, price $58.48, dividend per period $0.34 (4×/year), along with historic growth assumptions: price growth 8.50% and dividend growth 5.50% annually.

We simulate month by month for 30 years. Every month, a $100 contribution is added and converted to shares at that month’s price. Dividends are paid roughly evenly across the year based on the dividend frequency; in the DRIP path, each payout immediately buys additional shares at the then-current price. In the No‑DRIP path, dividends accrue as cash. Prices grow using a monthly rate derived from the annual price growth. Dividends per share increase once per year at the annual dividend growth rate.

This model isn’t investment advice; it’s a simple, transparent framework that illustrates how reinvesting dividends can accelerate both income and total return over time.

Projected Future Returns & Dividends for MSEX

Based on past 10-year performance, here are MSEX growth metrics:

Share price CAGR of +8.41%
Dividend CAGR of +5.83%

Using MSEX CAGR metrics, we can estimate that your initial $10,000 investment, over the next 10 years, should grow as follows:

MSEX (DRIP)MSEX (No DRIP)
Current Price$58.47$58.47
Start Shares171.03171.03
Start Value$10,000$10,000
After 10 years:
Final Share Count209.34171.03
Dividends Payment$2.40$2.40
Annual Dividends$493$410
Yield on cost4.93%4.10%
Share Price$131.09$131.09
Total Dividends$3,578$3,218
Final Value$27,443$25,638

Estimated Future Value + Dividends – MSEX

Dividend History: Payments & Yield

Shows quarterly dividend payments with trailing yield and a 5-year rolling average overlay. Use the range pills to switch the visible period.

Yield Dividend

Dividend Growth

Lifetime quarterly dividend amounts, with range controls for 1Y/2Y/5Y/10Y. Useful to visualize the cadence and pace of dividend increases over time.

Dividend

Dividend Payments & Yield

Quarterly dividends with TTM yield and a 5‑year rolling average overlay. Helps compare current yield versus recent history across different ranges.

Dividend 5-yr Rolling AVG Yield

MSEX Dividend History

Ex-Date Payment Date Amount TTM Yield Forward Yield Price on Ex-Date
08/15/202508/15/2025$0.3402.57%2.57%$52.98
05/15/202505/15/2025$0.3402.36%2.38%$57.10
02/18/202502/18/2025$0.3402.58%2.64%$51.52
11/15/202411/15/2024$0.3401.96%2.03%$66.98
08/15/202408/15/2024$0.3252.14%2.14%$60.86
05/14/202405/14/2024$0.3252.24%2.27%$57.38
02/14/202402/14/2024$0.3252.34%2.38%$54.51
11/15/202311/15/2023$0.3251.92%1.98%$65.73
08/10/202308/10/2023$0.3131.57%1.57%$79.90
05/11/202305/11/2023$0.3131.69%1.72%$72.73
02/13/202302/13/2023$0.3131.41%1.46%$85.62
11/15/202211/15/2022$0.3131.29%1.37%$91.58
08/11/202208/11/2022$0.2901.26%1.26%$91.95
05/12/202205/12/2022$0.2901.29%1.29%$90.07
02/11/202202/11/2022$0.2901.19%1.20%$96.32
11/15/202111/15/2021$0.2901.07%1.10%$105.46
11/10/202111/10/2021$0.2901.05%1.10%$105.54
08/12/202108/12/2021$0.2731.03%1.03%$106.18
05/13/202105/13/2021$0.2731.36%1.38%$79.03
02/11/202102/11/2021$0.2731.30%1.34%$81.47
11/12/202011/12/2020$0.2731.47%1.54%$70.79
08/13/202008/13/2020$0.2561.51%1.51%$67.91
05/14/202005/14/2020$0.2561.69%1.72%$59.62
02/13/202002/13/2020$0.2561.43%1.47%$69.44
11/14/201911/14/2019$0.2561.62%1.70%$60.30
08/14/201908/14/2019$0.2401.60%1.60%$59.91
05/14/201905/14/2019$0.2401.55%1.57%$60.98
02/14/201902/14/2019$0.2401.68%1.74%$55.27
11/14/201811/14/2018$0.2401.89%1.99%$48.27
08/14/201808/14/2018$0.2241.90%1.90%$47.18
05/14/201805/14/2018$0.2242.15%2.18%$41.04
02/14/201802/14/2018$0.2242.36%2.44%$36.79
11/08/201711/08/2017$0.2241.97%2.06%$43.52
08/09/201708/09/2017$0.2112.21%2.21%$38.17
05/10/201705/10/2017$0.2112.42%2.45%$34.42
02/09/201702/09/2017$0.2112.32%2.39%$35.33
11/08/201611/08/2016$0.2112.31%2.41%$35.04
08/10/201608/10/2016$0.1992.09%2.09%$38.09
05/11/201605/11/2016$0.1992.12%2.14%$37.24
02/10/201602/10/2016$0.1992.76%2.81%$28.37
11/09/201511/09/2015$0.1993.14%3.21%$24.78
08/12/201508/12/2015$0.1933.35%3.35%$23.02
05/13/201505/13/2015$0.1933.50%3.51%$22.00
02/11/201502/11/2015$0.1933.45%3.48%$22.20
11/12/201411/12/2014$0.1933.32%3.36%$22.96
08/13/201408/13/2014$0.1903.74%3.74%$20.34
05/13/201405/13/2014$0.1903.75%3.76%$20.22
02/12/201402/12/2014$0.1903.83%3.85%$19.74
11/13/201311/13/2013$0.1903.56%3.59%$21.19
08/13/201308/13/2013$0.1883.51%3.51%$21.40
05/13/201305/13/2013$0.1883.85%3.87%$19.44
02/13/201302/13/2013$0.1883.76%3.79%$19.85
11/13/201211/13/2012$0.1884.10%4.15%$18.13
08/13/201208/13/2012$0.1853.90%3.90%$18.97
05/11/201205/11/2012$0.1854.05%4.06%$18.21
02/13/201202/13/2012$0.1853.91%3.93%$18.81
11/10/201111/10/2011$0.1853.99%4.02%$18.39
08/11/201108/11/2011$0.1834.05%4.05%$18.06
05/12/201105/12/2011$0.1833.89%3.90%$18.76
02/11/201102/11/2011$0.1833.89%3.93%$18.64
11/10/201011/10/2010$0.1834.01%4.06%$18.05
08/11/201008/11/2010$0.1804.36%4.36%$16.53
05/12/201005/12/2010$0.1803.89%3.90%$18.47
02/10/201002/10/2010$0.1804.33%4.36%$16.52
11/10/200911/10/2009$0.1804.45%4.49%$16.04
08/12/200908/12/2009$0.1784.82%4.82%$14.78
05/13/200905/13/2009$0.1785.36%5.38%$13.24
02/11/200902/11/2009$0.1784.27%4.30%$16.54
11/12/200811/12/2008$0.1784.64%4.70%$15.16
08/13/200808/13/2008$0.1753.81%3.81%$18.39
05/13/200805/13/2008$0.1753.71%3.72%$18.80
02/13/200802/13/2008$0.1753.70%3.72%$18.83
11/13/200711/13/2007$0.1753.65%3.68%$19.00
08/13/200708/13/2007$0.1733.66%3.68%$18.83
05/11/200705/11/2007$0.1733.64%3.67%$18.85
11/13/200611/13/2006$0.1733.70%3.75%$18.46
08/11/200608/11/2006$0.1703.45%3.45%$19.70
05/11/200605/11/2006$0.1703.68%3.69%$18.43
02/13/200602/13/2006$0.1703.68%3.70%$18.39
11/10/200511/10/2005$0.1703.34%3.37%$20.18
08/11/200508/11/2005$0.1683.43%3.43%$19.57
05/11/200505/11/2005$0.1683.53%3.54%$18.97
02/11/200502/11/2005$0.1683.58%3.61%$18.62
11/10/200411/10/2004$0.1683.45%3.50%$19.20
08/11/200408/11/2004$0.1653.52%3.76%$17.56
05/12/200405/12/2004$0.1653.09%3.31%$19.92
02/12/200402/12/2004$0.1652.91%3.14%$21.01
11/12/200311/12/2003$0.1242.93%2.39%$20.74
08/13/200308/13/2003$0.1613.34%3.34%$19.31
05/13/200305/13/2003$0.1613.82%3.84%$16.80
02/12/200302/12/2003$0.1613.84%3.88%$16.62
11/13/200211/13/2002$0.1613.84%3.91%$16.49
08/13/200208/13/2002$0.1583.61%3.61%$17.44
05/13/200205/13/2002$0.1583.22%3.23%$19.49
02/13/200202/13/2002$0.1583.54%3.57%$17.66
11/13/200111/13/2001$0.1583.73%3.77%$16.70
08/13/200108/13/2001$0.1553.85%3.85%$16.10
05/11/200105/11/2001$0.1553.91%3.93%$15.78
02/13/200102/13/2001$0.1554.02%4.06%$15.28
11/13/200011/13/2000$0.1554.43%4.49%$13.81
08/11/200008/11/2000$0.1534.28%4.28%$14.25
05/11/200005/11/2000$0.1534.32%4.36%$14.00
02/11/200002/11/2000$0.1534.38%4.46%$13.69
Page 1 of 1

Dividend Payout Ratio

Tracks the percentage of earnings paid out as dividends each quarter. Lower and stable ratios often indicate safer, more sustainable payouts.

Payout Ratio

Dividend to Free Cash Flow Ratio

Shows dividends as a percentage of free cash flow. Consistently high values may signal limited reinvestment capacity or potential dividend risk.

Dividend/FCF Ratio

Share Price

Historical closing price with range controls. Table view includes quarter‑over‑quarter and year‑over‑year changes for additional context.

MSEX Price

Price to Earnings

MSEX trades at a 105.7x price-to-earnings ratio. This elevated valuation suggests investors expect strong future growth.

Price to Sales

MSEX trades at a 23.1x price-to-sales ratio, providing insight into market valuation relative to revenue generation.

Revenue

MSEX generated $0.0B in revenue. Revenue has grown by 38% over the period.

Net Income

MSEX reported $0.0B in net income.

Revenue vs Net Income

MSEX generated $0.0B in revenue with net income of $0.0B, representing a 21.8% net profit margin.

Gross Profit

MSEX achieved $0.0B in gross profit, showing revenue after direct production costs.

Operating Income

MSEX generated $0.0B in operating income, representing profit from core business operations.

EBITDA

MSEX generated $0.0B in EBITDA, measuring operational profitability before interest, taxes, depreciation, and amortization.

Operating Cash Flow

MSEX generated $0.0B in operating cash flow, demonstrating the company’s ability to convert earnings into cash.

Free Cash Flow

MSEX generated $0.0B in free cash flow.

Free Cash Flow / Share

MSEX generates $0.59 in free cash flow per share.

Earnings Per Share (EPS)

MSEX reported $0.60 in earnings per share.

Return on Equity (ROE)

MSEX delivered a 18.2% return on equity, indicating how effectively the company generates returns for shareholders.

Return on Assets (ROA)

MSEX achieved a 10.9% return on assets, measuring how efficiently the company uses its assets to generate profit.

Net Profit Margin

MSEX maintains a 21.8% net profit margin, showing the percentage of revenue retained as profit after all expenses.

Gross Profit Margin

MSEX operates with a 79.2% gross profit margin, reflecting pricing power and cost efficiency in core operations.

Cash & Debt

MSEX holds $0.0B in cash against $0.0B in debt, resulting in a net cash position of $0.0B.

Shares Outstanding

MSEX has 0.0B shares outstanding.

Stock-Based Comp

MSEX reported $0.0B in stock-based compensation. Over the period, stock-based compensation has increased by 38%.

FCF vs Stock Based Comp

MSEX generated $0.0B in free cash flow while spending $0.0B on stock-based compensation, representing 12% of FCF.

FCF vs FCF / Share

MSEX reported $0.0B in free cash flow, translating to $0.59 per share.

Revenue: Actual + Estimates

This chart tracks MSEX revenue: actual + estimates metrics over time, providing insights into the company’s financial performance and trends.

EPS: Actual + Estimates

This chart tracks MSEX eps: actual + estimates metrics over time, providing insights into the company’s financial performance and trends.

Net Income: Actual + Estimates

This chart tracks MSEX net income: actual + estimates metrics over time, providing insights into the company’s financial performance and trends.

EBITDA: Actual + Estimates

This chart tracks MSEX ebitda: actual + estimates metrics over time, providing insights into the company’s financial performance and trends.

Disclaimer: The information on this page is for educational and entertainment purposes only and does not constitute financial advice. Do your own research and consult a qualified financial advisor before making investment decisions. Data sources include Yahoo Finance and other third-party providers and may contain errors or delays.

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