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Artesian Resources Corp. - ARTNA STOCK NEWS

Welcome to our dedicated news page for Artesian Resources (Ticker: ARTNA), a resource for investors and traders seeking the latest updates and insights on Artesian Resources.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Artesian Resources's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Artesian Resources's position in the market.

Rhea-AI Summary
Artesian Water Company, Inc., a subsidiary of Artesian Resources (Nasdaq: ARTNA), is well-prepared to meet the EPA's new drinking water standard for PFAS contamination. They have already installed treatment at ten facilities and plan to install at three more in 2024. Artesian has been proactive in monitoring and treating PFAS, ensuring levels are below EPA's health advisory.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.71%
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Rhea-AI Summary
Artesian Resources (ARTNA) releases its 2023 Annual Report, offering shareholders access to electronic and print copies for free.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.38%
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Rhea-AI Summary
Artesian Resources Corporation (ARTNA) reported a decrease in net income for the year 2023 compared to 2022. Revenues remained stable at $98.9 million. Operating expenses increased slightly, with utility expenses rising due to employee benefits and payroll costs. The company invested $62.2 million in water and wastewater infrastructure projects in 2023 to improve service quality and meet growth demands.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.58%
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Rhea-AI Summary
Artesian Resources Corporation (ARTNA) has declared a regular quarterly dividend of $0.2897 per share on its Class A and Class B Common Stock, with an annualized dividend rate of $1.1588. The dividend is payable on February 23, 2024, to shareholders of record on February 9, 2024, marking the company's 125th consecutive quarterly dividend.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.61%
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dividends
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Rhea-AI Summary
Artesian Resources Corporation (Nasdaq: ARTNA) reported third quarter revenues of $26.6 million, with a 13.9% increase in utility operating revenue and a 0.3% decrease in water sales revenue. Net income for the quarter was $5.1 million, a 17.5% decrease compared to the same period last year. Year-to-date revenues totaled $74.3 million, a 0.7% increase from the previous year. Artesian Water filed a request for a 23.84% increase in revenue with the Delaware Public Service Commission. The company also invested $48.8 million in water and wastewater infrastructure projects during the first nine months of 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.83%
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Rhea-AI Summary
Artesian Resources Corporation (Nasdaq: ARTNA) has approved a 2% increase in the quarterly common stock dividend. The quarterly dividend will be $0.2897 per share, raising the annualized dividend rate to $1.1588 per share. The dividend will be payable on November 24, 2023, to shareholders of record as of November 16, 2023. This is the second dividend increase this year, bringing the total increase to 4%. This is Artesian Resources Corporation's 124th consecutive quarterly dividend paid to shareholders.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.83%
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dividends
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Rhea-AI Sentiment
End-of-Day
-0.65%
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Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.65%
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dividends
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Rhea-AI Sentiment
End-of-Day
0.02%
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Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.91%
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Artesian Resources Corp.

Nasdaq:ARTNA

ARTNA Rankings

ARTNA Stock Data

347.40M
9.27M
3.91%
63.46%
1.66%
Water Supply and Irrigation Systems
Utilities
Link
United States
Newark

About ARTNA

artesian water company, inc. owns, operates, and maintains water treatment and water distribution systems in delaware. it offers water meter reading, automated billing, water plant operations, and operational support services. the company also provides project management, and water and wastewater related services. in addition, it operates wastewater treatment facilities. the company was founded in 1905 and is based in newark, delaware. artesian water company, inc. operates as a subsidiary of artesian resources corp.