Company: MSEX
Filing Date: 2025-07-29
Form Type: 424B5
Source: 0001104659-25-071727
Chunk: 22

Company: MIDDLESEX WATER CO
Filing Date: 2025-07-29
Form: 424B5
Chunk 22
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 shares you hold outside the Plan. |

The Plan Agent will return
your Direct Share Purchase and Enrollment Form to you if you fail to select one of these options or fail to sign the Direct Share
Purchase and Enrollment Form.

| 26. | Must my dividends be reinvested                                                                 
 automatically to the extent I have chosen either Full Dividend Reinvestment or Partial Dividend 
 Reinvestment?                                                                                   |

To the extent you have elected
to participate in the Plan, cash dividends on those shares which are subject to reinvestment will be reinvested automatically in additional
shares of Common Stock.

| 27. | When will my dividends be reinvested 
 and at what price?                   |

If you are enrolled in the
Plan as of an applicable “record date” for dividends, either all or part of the dividends on your shares (depending on which
option you have chosen) will be used to purchase shares of Common Stock as of the applicable dividend payment dates. Cash dividends on
the Common Stock, when and as declared, have generally been payable on the first business day of March, June, September and December.
The price of the Common Stock to be purchased under the Plan is addressed in Questions 22 and 23.

| 28. | Will I be charged fees for participating 
 in the dividend reinvestment program?    |

No. You will not be
charged any fees in connection with the reinvestment of your dividends under the Plan. However, you may incur certain charges for certain
other transactions or requests under the Plan. (See Question 40.)

| 29. | Can I contribute shares I hold            
 in certificate form into my Plan account? |

Yes. If you hold paper stock
certificates you may send them unsigned to the address at the end of this document via overnight delivery or some other form of traceable
mail, with return receipt requested, and properly insured through the mail carrier. Please include a letter of instruction. You may also
contribute any book-entry shares. Please call the Plan Agent at 1-888-211-0641 for more information. The Plan Agent will credit your
book-entry registered shares to your account free of charge.

| 30. | Can shares bought through the       
 Plan be issued in certificate form? |

These shares will be issued
and held in book-entry form. However, if you so require, you may request shares be issued in certificate form in your name. To obtain
a stock certificate for any or all of the whole shares