Middlesex Water (MSEX) Dividend Coverage Ratio (2010 - 2026)
Middlesex Water's Dividend Coverage Ratio came in at 2.20 for Q2 2026, up 24.7% from 1.76 a year earlier and up 38.5% from the prior quarter.
Middlesex Water (MSEX) Dividend Coverage Ratio (2010 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Middlesex Water reported Dividend Coverage Ratio of 1.83, up 1.9% year-over-year; for FY2025, it was 1.72, down 9.3% from FY2024.
- Going back by year, Dividend Coverage Ratio was 1.89 in FY2024 (+35.1%), 1.40 in FY2023 (-31.2%), 2.03 in FY2022 (+7.9%) and 1.88 in FY2021 (-10.8%).
- The five-year range for quarterly Dividend Coverage Ratio is 0.98 (Q4 2023) to 2.79 (Q3 2022).
- Year-over-year, Dividend Coverage Ratio increased in four of the last eight quarters, with growth averaging 9.3%.
- The fastest year-over-year change in Dividend Coverage Ratio over five years came in Q1 2024 (growth of 75.3%), and the weakest in Q1 2023 (a decline of 55.4%).
- Business Quant data shows MSEX's Dividend Coverage Ratio at 1.59 (Q1 2026), 1.30 (Q4 2025) and 2.28 (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Div. Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Enel Chile | 292.57 Bn | 292.57 Bn | 890.00 Mn | - |
| 2 | National Grid | 78.85 Bn | 60.37 Bn | - | - |
| 3 | Dominion Energy | 53.27 Bn | 55.95 Bn | - | 0.58 |
| 4 | Xcel Energy | 44.01 Bn | 38.91 Bn | - | - |
| 5 | Wec Energy | 32.84 Bn | 33.08 Bn | 1.51 Bn | 0.96 |
| 6 | Ameren | 27.51 Bn | 27.59 Bn | - | 1.52 |
| 7 | Fortis | 26.81 Bn | 27.29 Bn | 1.60 Bn | 1.87 |
| 8 | Atmos Energy | 26.44 Bn | 25.21 Bn | 870.85 Mn | 1.46 |
| 9 | American Water Works Company | 25.73 Bn | 25.14 Bn | - | 1.81 |
| 10 | Middlesex Water | 998.11 Mn | 988.09 Mn | - | 2.20 |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.20 |
| Mar 31, 2026 | 1.59 |
| Dec 31, 2025 | 1.30 |
| Sep 30, 2025 | 2.28 |
| Jun 30, 2025 | 1.76 |
| Mar 31, 2025 | 1.56 |
| Dec 31, 2024 | 1.44 |
| Sep 30, 2024 | 2.47 |
| Jun 30, 2024 | 1.82 |
| Mar 31, 2024 | 1.86 |
| Dec 31, 2023 | 0.98 |
| Sep 30, 2023 | 1.79 |
| Jun 30, 2023 | 1.78 |
| Mar 31, 2023 | 1.06 |
| Dec 31, 2022 | 1.30 |
| Sep 30, 2022 | 2.79 |
| Jun 30, 2022 | 1.73 |
| Mar 31, 2022 | 2.37 |
| Dec 31, 2021 | 1.42 |
| Sep 30, 2021 | 2.40 |
Middlesex Water Dividend Coverage Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=dividend-coverage-ratio&ticker=MSEX&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "dividend-coverage-ratio", "ticker": "MSEX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=dividend-coverage-ratio&ticker=MSEX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();