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Middlesex Water Company Declares Dividend
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Overview
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Middlesex Water Company declares a quarterly cash dividend of $0.325 per share, payable on March 1, 2024, to shareholders of record as of February 15, 2024. The company provides regulated and unregulated water and wastewater utility services primarily in New Jersey and Delaware through various subsidiary companies.
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How does Middlesex Water's focus on municipal and industrial contract operations contribute to its overall business strategy?
How might the dividend declaration impact the company's stock price and investor sentiment?
What factors could influence the company's ability to maintain its dividend policy in the future?
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