Artesian Resources Corporation Declares Common Stock Dividend
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.
News Market Reaction 1 Alert
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
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