Artesian Resources Corporation Declares Common Stock Dividend
Artesian Resources (Nasdaq: ARTNA) has announced a regular quarterly dividend on its Class A and Class B Common Stock.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Summary
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.
Positive
- Consistent dividend payment for 127 consecutive quarters
- Annualized dividend of $1.182 per share
Negative
- None.
Details
News Market Reaction – ARTNA
The recorded move for ARTNA in the trading session of this news was -2.71%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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
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
AI-generated questions and answers. How Rhea-AI works. Not financial advice.