Company: Middlesex Water Company (MSEX)
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Company Profile: Middlesex Water Co owns and operates regulated water utility and wastewater systems in the U.S. The firm primarily operates in the eastern states of New Jersey, Delaware, and Pennsylvania. The company has two operating segments, Regulated and Non-Regulated. The regulated business includes collecting and distributing water to residential, commercial, industrial, and fire protection consumers. The non-regulated business includes contract services for the operation of private water and wastewater systems. The majority of the company’s revenue is derived from the Regulated segment and from residential customers. -Morningstar.com-
Symbol: MSEX
Recent Price: $61.62
Dividends: $1.30
Yield: 2.11%
Sector: Utilities
Industry: Utilities-Regulated Water
Address & Company Phone #: 485 C Route 1 South Ste. 400 Iselin NJ 08830, 732-634-1500
Transfer Agent: Broadridge Corporate Issuer 1-888-211-0641
Moody’s Rating: NR
Minimum & Maximum Investment: $25 – $25,000/quarter
Investment Dates: 1st Monthly
Shares to Qualify: 10 Shares or $500
Fees: Div.: $0 Cash: $0 Cert: $0 Sells: by Mail for comm.
52 Week High & Low: $86.60, $51.71