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Middlesex Water invests $21M in infrastructure as Q1 profit rises
Middlesex Water Company (NASDAQ: MSEX) reported a rise in Q1 2026 net income to $10.6 million and diluted EPS to $0.57, compared to $9.5 million and $0.53 in Q1 2025. The company’s operating revenue increased to $48.7 million, up $4.4 million year-over-year, and it invested $21 million in utility infrastructure. Middlesex also declared a quarterly cash dividend of $0.36 per share, maintaining a 53-year streak of annual dividend increases.