Trump Calls for 10% Credit Card Interest Rate Cap Starting 2026 
xAI Cash Burn Highlights the High Cost of Competing in Generative AI 
Anthropic Launches HIPAA-Compliant Healthcare Tools for Claude AI Amid Growing Competition 
Nvidia Appoints Former Google Executive Alison Wagonfeld as First Chief Marketing Officer 
GM Takes $6 Billion EV Write-Down as Electric Vehicle Demand Slows in the U.S. 
Boeing 737 MAX 10 Advances in FAA Testing as Certification Delays Continue 
Trump Weighs Blocking Exxon Investment as Venezuela Deemed “Uninvestable” 
Chevron Seeks Expanded U.S. License to Boost Venezuelan Oil Exports Amid Sanctions Talks 
Johnson & Johnson Secures Tariff Exemption by Agreeing to Lower Drug Prices in the U.S. 
China’s AI Sector Pushes to Close U.S. Tech Gap Amid Chipmaking Challenges 
Stellantis to End Plug-In Hybrid Sales in the U.S. as Demand Shifts Toward Traditional Hybrids 
Rio Tinto–Glencore Talks Spark Pressure on BHP as Copper Fuels Mining Mega Deals 
Allegiant to Acquire Sun Country Airlines in $1.5 Billion Deal to Expand U.S. Leisure Travel Network 
EU Orders Elon Musk’s X to Preserve Grok AI Data Amid Probe Into Illegal Content 
FCC Approves Expansion of SpaceX Starlink Network With 7,500 New Satellites 
Utility Marks 45th Consecutive Year of Dividend Increases
ISELIN, N.J., Oct. 25, 2017 -- Middlesex Water Company (Nasdaq:MSEX) announced today that its Board of Directors has declared a cash dividend of $0.22375 per share on its common stock, a 5.9% increase from the $0.21125 per share dividend in the third quarter of 2017. This increase raises the annual dividend rate to $0.895 from $0.845 per share of common stock. The declared dividend is payable on December 1, 2017 to shareholders of record as of November 9, 2017. Middlesex Water Company has paid cash dividends in varying amounts continually since 1912.
“The Company’s management and Board work on an ongoing basis to balance the needs of our shareholders, customers and employees and we continue to appreciate the loyalty of our investors,” said Chairman, President and Chief Executive Officer Dennis W. Doll. “We are pleased to be able to share the Company’s continued success with our shareholders as we keep a sharp focus on improving shareholder value while delivering quality service to our customers.”
About Middlesex Water Company
Organized in 1897, Middlesex Water provides regulated and unregulated water and wastewater utility services in New Jersey, Delaware and Pennsylvania through various subsidiary companies. To learn more about Middlesex Water, including information about its Direct Share Purchase and Sale and Dividend Reinvestment Plan, visit the Investor Relations section at www.middlesexwater.com or call (732) 638-7549.
This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including, among others, our long-term strategy and expectations, the status of our acquisition program, the impact of our acquisitions, the impact of current and projected rate requests and the impact of our capital program on our environmental compliance. There are important factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements including: general economic business conditions, unfavorable weather conditions, the success of certain cost containment initiatives, changes in regulations or regulatory treatment, availability and the cost of capital, the success of growth initiatives and other factors discussed in our filings with the Securities and Exchange Commission.
CONTACT:
Bernadette Sohler, Vice President - Corporate Affairs
Middlesex Water Company
1500 Ronson Road
Iselin, New Jersey 08830
(732) 638-7549
www.middlesexwater.com
