Middlesex Water Co Payout ratio
What is the Payout ratio of Middlesex Water Co?
The Payout ratio of Middlesex Water Co. is 62.80%
What is the definition of Payout ratio?
Payout ratio is the fraction of earnings paid in dividends to stockholders.
ttm (trailing twelve months)
The payout ratio is calculated by dividing the dividends paid out by the net earnings for a certain period. It is usually expressed as a percentage. The part of the earnings not paid to investors is left for investment to provide for future earnings growth. Investors seeking high current income and limited capital growth prefer companies with high payout ratio. However investors seeking capital growth may prefer lower payout ratio because capital gains are taxed at a lower rate. High growth firms in early life generally have low or zero payout ratios. As they mature, they tend to return more of the earnings back to investors.
Payout ratio of companies in the Utilities sector on NASDAQ compared to Middlesex Water Co
What does Middlesex Water Co do?
middlesex water company (nasdaq:msex) provides a full range of regulated and non-regulated water, wastewater utility and related services in parts of new jersey, delaware and pennsylvania. middlesex water engages in collecting, treating, distributing and selling water for domestic, commercial, municipal, industrial and fire protection purposes. through its comprehensive suite of services including its latest offering -- turnkey renewable energy services, the middlesex water family of companies provide customers, small system owners, developers and municipalities with practical water and wastewater solutions that enhance quality of life and serve as the framework for economic development.
Companies with payout ratio similar to Middlesex Water Co
- Bajaj & Investment has Payout ratio of 62.67%
- GlobalData Plc has Payout ratio of 62.73%
- Dividend Select 15 has Payout ratio of 62.76%
- Tianjin Capital Environmental Protection has Payout ratio of 62.78%
- Brookline has Payout ratio of 62.79%
- Societe des Chemins de Fer et Tramways du Var et du Gard has Payout ratio of 62.79%
- Middlesex Water Co has Payout ratio of 62.80%
- Bank of Montreal has Payout ratio of 62.81%
- Rotork Plc has Payout ratio of 62.84%
- McMillan Shakespeare has Payout ratio of 62.85%
- Procter & Gamble Co has Payout ratio of 63.02%
- Indraprastha Medical has Payout ratio of 63.04%
- Diageo plc has Payout ratio of 63.09%