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Artesian Resources Corporation Declares Common Stock Dividend

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(Low)
Rhea-AI Sentiment
(Neutral)
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dividends

Artesian Resources (Nasdaq: ARTNA) has announced a regular quarterly dividend on its Class A and Class B Common Stock. The Board of Directors has declared a dividend of $0.2955 per share, payable on August 27, 2024, to shareholders of record at the close of business on August 16, 2024. This dividend provides an annualized dividend of $1.182 per share. Notably, this marks Artesian's 127th consecutive quarterly dividend paid to shareholders, demonstrating the company's commitment to providing consistent returns to its investors.

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Positive

  • Consistent dividend payment for 127 consecutive quarters
  • Annualized dividend of $1.182 per share

Negative

  • None.

News Market Reaction 1 Alert

-2.71% News Effect

On the day this news was published, ARTNA declined 2.71%, reflecting a moderate negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

NEWARK, Del., Aug. 05, 2024 (GLOBE NEWSWIRE) -- Artesian Resources Corporation (Nasdaq: ARTNA) announced today that its Board of Directors has declared a regular quarterly dividend on the company’s Class A and Class B Common Stock. The quarterly dividend of $0.2955 per share is payable August 27, 2024 to shareholders of record at the close of business on August 16, 2024, providing an annualized dividend of $1.182 per share.

This is Artesian’s 127th 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, the principal subsidiary, is the oldest and largest regulated water utility on the Delmarva Peninsula and has been providing water service since 1905. Artesian Water Company supplies 8.8 billion gallons of water per year through 1,470 miles of water main to over a third of Delawareans.

Contact:
Nicholle R. Taylor
Investor Relations
(302) 453-6900
ntaylor@artesianwater.com


FAQ

What is the dividend amount for Artesian Resources (ARTNA) in August 2024?

Artesian Resources (ARTNA) has declared a quarterly dividend of $0.2955 per share for August 2024.

When is the dividend payment date for Artesian Resources (ARTNA)?

The dividend payment date for Artesian Resources (ARTNA) is August 27, 2024.

What is the record date for Artesian Resources 's (ARTNA) August 2024 dividend?

The record date for Artesian Resources 's (ARTNA) August 2024 dividend is August 16, 2024.

How many consecutive quarterly dividends has Artesian Resources (ARTNA) paid?

Artesian Resources (ARTNA) has paid 127 consecutive quarterly dividends to shareholders.
Artesian Res Corp

NASDAQ:ARTNA

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328.27M
9.29M
4.02%
58.79%
0.59%
Utilities - Regulated Water
Water Supply
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United States
NEWARK