MDU Resources Group (MDU) AGM 2026 summary

Opening remarks and agenda

• CEO and Board Chair welcomed stockholders and introduced key management, legal, audit, and election personnel.

• Meeting agenda included business proceedings, voting, and a Q&A session.

Financial performance review

• Company recently reported first quarter results and emphasized a focus on operational excellence and customer service.

• Maintains a reputation for consistent stockholder returns, highlighted by 88 consecutive years of dividends.

Dividend announcements

• Approved a dividend increase for 2025, marking the 88th consecutive year of uninterrupted dividends.

• Target dividend payout ratio is 60%-70%, with future increases regularly discussed by the board.