Middlesex Water Announces Third Quarter 2024 Financial Results
1. Middlesex Water reported Q3 EPS of $0.80, up 42.9% year-over-year. 2. Total revenue reached $55.1 million, a $8.4 million increase from 2023. 3. Common dividend increased by 4.62%, marking 52 consecutive years of dividends. 4. Net income grew to $14.3 million, an increase of $4.3 million year-over-year. 5. NJBPU-approved rate hikes led to revenue rises in both New Jersey and Delaware systems.