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Posted by
Two Blokes Jun 25 -
Filed in
Stock
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2 views
Middlesex Water Company is a high-quality, conservative water utility with strong regulatory relationships, low leverage, and a 52-year streak of dividend increases. Valuation has normalized after years of premium pricing, now trading below 24x P/E, offering an attractive entry point versus its historical average and peers. Expected EPS growth is modest (3-5% annually), but the company's safe dividend and resilient business model make it a reliable long-term holding.
