Dividend Reinvestment Plan
A Direct Share Purchase and Sale and Dividend Reinvestment Plan for Middlesex Water Company Common Stock
A. Yes. The purpose of the Middlesex Water Company Investment Plan is to promote long-term stock ownership among existing and new investors in Middlesex Water Company by providing a convenient and economical method to purchase shares of the Company’s Common Stock directly and reinvest cash dividends in shares of Common Stock without payment of a brokerage commission.
A. Yes, periodically the Company offers limited time discounts on purchases of Common Stock through the Company’s Investment Plan (the “Plan”) whether by optional cash payment or by dividend reinvestment. Discount window information (if applicable) and the Plan Prospectus and Prospectus Supplement can be viewed here. New Investors may enroll in the Plan with an initial investment of at least $500.00.
A. Current registered shareholders, shareholders holding MSEX stock in "street" name and new investors may enroll in the Plan and should refer to the Prospectus for Plan eligibility and enrollment information.
A. To enroll, you must complete and submit a Direct Share Purchase and Enrollment Form and make an initial investment of at least $500.00. Your initial investment may be greater, but the maximum is $10,000.00. You have a choice of submitting the Enrollment Form which may be obtained from the Plan Agent Shareholder Services website at www.shareholder.broadridge.com/middlesexwater under “Forms” or by calling Customer Service at 1-888-211-0641. You can also utilize the easy to access Broadridge “Buy Stock Direct Plan Wizard” located on the same website by clicking on the “Plan Wizard” link on the left hand side and following the step by step process. The “Buy Stock Direct Plan Wizard” will allow you to provide the required banking information and authorize the Plan Agent to deduct the appropriate funds for your initial share purchase.
A. A copy of the Direct Share Purchase and Sale and Dividend Reinvestment Plan Prospectus is available here for your convenience but is also available by calling the Shareholder Services Dept. at 1-888-211-0641. If you have questions, you may also email shareholder@broadridge.com or visit our Shareholder Services website at http://shareholder.broadridge.com/middlesexwater
* Subject to approval by the Company's Board of Directors, the schedule of dividend dates is as follows:
COMMON STOCK
| Declaration Date | Record Date | Payment Date | Ex. Dividend Date |
|---|---|---|---|
| January 29 | February 15 | March 1 | February 13 |
| April 25 | May 15 | June 3 | May 13 |
| July 23 | August 15 | September 3 | August 13 |
| October 24 | November 15 | December 2 | November 13 |
PREFERRED STOCK
| Declaration Date | Record Date | Payment Date | Ex. Dividend Date |
|---|---|---|---|
| December 19 (2023) | January 12 | February 1 | January 10 |
| March 22 | April 15 | May 1 | April 11 |
| June 20 | July 15 | August 1 | July 11 |
| September 24 | October 15 | November 1 | October 11 |
