MDU Resources Group Stock To Go Ex-dividend Tomorrow (MDU)

NEW YORK ( TheStreet) -- The ex-dividend date for MDU Resources Group (NYSE: MDU) is tomorrow, March 6, 2012. Owners of shares as of market close today will be eligible for a dividend of 17 cents per share. At a price of $21.60 as of 10 a.m. ET, the dividend yield is 3.1%.

The average volume for MDU Resources Group has been 746,700 shares per day over the past 30 days. MDU Resources Group has a market cap of $4.05 billion and is part of the industrial goods sector and materials & construction industry. Shares are up 1.1% year to date as of the close of trading on Friday.

MDU Resources Group, Inc. operates as a diversified natural resource company in the United States. The company generates, transmits, and distributes electricity, as well as distributes natural gas. The company has a P/E ratio of 18.4, above the average materials & construction industry P/E ratio of 16.7 and above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates MDU Resources Group as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations, largely solid financial position with reasonable debt levels by most measures and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full MDU Resources Group Ratings Report.

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