Artesian Resources Corporation Announces Second 2% Increase This Year in Quarterly Common Stock Dividend
The new rate brings the annualized dividend to $1.3052 per share for both common stock classes.
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Rhea-AI Summary
Artesian Resources (ARTNA) approved a 2% increase in its quarterly common stock dividend, its second increase of that size in 2026. The dividend rises to $0.3263 per share for Class A and Class B common stock, payable November 30, 2026, to shareholders of record November 19, 2026.
The total annual increase is 4%, with an annualized dividend of $1.3052 per share. This marks Artesian’s 136th consecutive quarterly dividend.
Positive
- Minor pointQuarterly dividend increases 2% to $0.3263 per share, bringing the total annual increase to 4%.
Negative
- None.
AI-generated analysis. How Rhea-AI works. Not financial advice.
NEWARK, Del., Nov. 09, 2026 (GLOBE NEWSWIRE) -- Artesian Resources Corporation (Nasdaq: ARTNA) announced today that its Board of Directors has approved a
The increase raises the quarterly dividend to
“Artesian's long history of consecutive dividend payments reflects the company's financial strength, prudent management, and commitment to long-term sustainability. Maintaining a healthy financial foundation supports our ability to invest in the infrastructure necessary to provide safe, reliable water and wastewater service to the communities we serve,” said Nicki Taylor, Chair, President and CEO.
This is Artesian’s 136th consecutive quarterly dividend paid to shareholders.
About Artesian Resources
Artesian Resources Corporation operates as a holding company of wholly-owned subsidiaries offering water and wastewater services, and related business services, on the Delmarva Peninsula. Artesian Water Company, Inc. (Artesian), the principal subsidiary, is the oldest and largest regulated water utility on the Delmarva Peninsula and has been providing water service since 1905.
Contact:
Virginia Eisenbrey
Communications
(302) 453-6900
veisenbrey@artesianwater.com
FAQ
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How much is Artesian Resources' new quarterly dividend?
The new quarterly dividend is $0.3263 per share on Class A and Class B common stock. The annualized rate is $1.3052 per share.
When will Artesian Resources pay its increased dividend?
The increased dividend is payable November 30, 2026, to shareholders of record at the close of business on November 19, 2026.