MDU Resources Declares Common Stock Dividend.BISMARCK, N.D. -- The Board of Directors of MDU (1) (Multiple Dwelling Unit) A commercial or residential building with multiple offices or apartments. See BLEC. (2) (Multiply-Divide Unit) A high-speed circuit that performs multiplication and division within the CPU. Resources Group, Inc. (NYSE NYSE See: New York Stock Exchange :MDU) at its regular meeting today declared a quarterly common stock dividend of 13.5 cents per share Cents per share The amount of a mutual fund's dividend or capital gains distributions that a shareholder will receive for each share owned. , unchanged from the previous quarter. The diversified natural resource company's Board of Directors also declared dividends on preferred stock Stock shares that have preferential rights to dividends or to amounts distributable on liquidation, or to both, ahead of common shareholders. Preferred stock is given preference over common stock. Holders of preferred stock receive dividends at a fixed annual rate. as follows: * $1.12-1/2 per share on 4.50 percent Series Preferred * $1.17-1/2 per share on 4.70 percent Series Preferred * $1.27-1/2 per share on 5.10 percent Series Preferred The dividends are payable April 1, 2007, to stockholders of record March 8, 2007. MDU Resources Group, Inc., a member of the S&P MidCap 400 index, provides value-added natural resource products and related services that are essential to energy and transportation infrastructure. MDU Resources includes natural gas and oil production, natural gas pipelines and energy services, construction materials and mining, construction services, electric and natural gas utilities, and independent power production. For more information about MDU Resources, see the company's Web site at www.mdu.com or contact the Investor Relations Investor relations The process by which the corporation communicates with its investors. Department at investor@mduresources.com. |
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