Artesian Resources Corporation Declares Common Stock Dividend

Artesian Resources Corporation (NASDAQ: ARTNA) has declared a quarterly dividend of $0.2784 on its Class A and Class B Common Stock, payable on February 23, 2023.

Rhea-AI Summary

Artesian Resources Corporation (NASDAQ: ARTNA) has declared a quarterly dividend of $0.2784 on its Class A and Class B Common Stock, payable on February 23, 2023. Shareholders of record as of February 9, 2023 will receive this payment. This marks the 121st consecutive quarterly dividend, highlighting the company's ongoing commitment to returning value to its shareholders. Artesian operates primarily on the Delmarva Peninsula, supplying 8.4 billion gallons of water annually through an extensive infrastructure.

Positive

• 121st consecutive quarterly dividend demonstrates financial stability.
• Quarterly dividend amount of $0.2784 reflects commitment to shareholders.

Negative

• None.

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NEWARK, Del., Jan. 25, 2023 (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 $0.2784 is payable February 23, 2023 to shareholders of record at the close of business on February 9, 2023.

This is the 121^st 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 core 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 supplies 8.4 billion gallons of water per year through 1,398 miles of water main to over a third of Delawareans.

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

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What is the dividend amount declared by Artesian Resources in January 2023?

Artesian Resources declared a quarterly dividend of $0.2784.

When will the dividend be paid to shareholders of ARTNA?

The dividend will be paid on February 23, 2023.

What is the record date for the ARTNA dividend?

The record date for the dividend is February 9, 2023.

How long has Artesian Resources been paying dividends?

Artesian Resources has paid 121 consecutive quarterly dividends.