Company: MSEX
Filing Date: 2025-02-28
Form Type: 10-K
Source: 0001174947-25-000251
Chunk: 1035

Company: MIDDLESEX WATER CO
Filing Date: 2025-02-28
Form: 10-K
Item: Item 6
Chunk 1035
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      $52.74/$67.59   
      $52.62/$69.70   

    2023 
    1st  
    2nd  
    3rd  
    4th  
    Total 

    Operating Revenues 
    $38,156  
    $42,801  
    $46,715  
    $38,602  
    $166,274 
  
    Operating Income 
     7,490  
     10,669  
     12,822  
     8,242  
     39,223 
  
    Net Income 
     5,868  
     9,901  
     9,990  
     5,765  
     31,524 
  
    Basic Earnings per Share 
    $0.33  
    $0.56  
    $0.56  
    $0.32  
    $1.77 
  
    Diluted Earnings per Share 
    $0.33  
    $0.55  
    $0.56  
    $0.32  
    $1.76 
  
    Common Dividend Per Share 
    $0.3125  
    $0.3125  
    $0.3125  
    $0.3250  
    $1.2625 
  
    High/Low Common Stock Price 
      $72.64/$90.56   
      $66.51/$84.38   
      $65.37/$84.35   
      $61.34/$73.47   

The information above, in the opinion of the Company,
includes all adjustments consisting only of normal recurring accruals necessary for a fair presentation of such amounts. The business
of the Company is subject to seasonal fluctuation with the peak period usually occurring during the summer months. The quarterly earnings
per share amounts above may differ slightly from previous filings due to the effects of rounding.

ITEM 9.CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS ON ACCOUNTING AND FINANCIAL DISCLOSURE.

None.

ITEM 9A.CONTROLS AND PROCEDURES

Evaluation of Disclosure Control and Procedures

The Company maintains disclosure controls and
procedures designed to provide reasonable assurance that the information required to