Artesian Resources Corporation Declares Common Stock Dividend
Artesian Resources Corporation (Nasdaq: ARTNA) has declared a quarterly dividend of $0.2610 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 Corporation (Nasdaq: ARTNA) has declared a quarterly dividend of $0.2610 on its Class A and Class B Common Stock. This dividend will be payable on August 20, 2021 to shareholders recorded by the close of business on August 9, 2021. This announcement marks the company's 115th consecutive quarterly dividend, showcasing its commitment to returning value to shareholders. Artesian is a leading water utility on the Delmarva Peninsula, supplying 8.3 billion gallons of water annually through a vast network of pipelines.
Positive
- 115th consecutive quarterly dividend demonstrates strong financial health.
- Regular dividend of $0.2610 per share reflects commitment to shareholder returns.
Negative
- None.
Details
News Market Reaction – ARTNA
The recorded move for ARTNA in the trading session of this news was -0.41%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
NEWARK, Del., June 23, 2021 (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 marks Artesian 115th 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 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 8.3 billion gallons of water per year through 1,368 miles of water main to nearly a third of Delaware residents.
Contact:
Nicholle Taylor
Investor Relations
(302) 453-6900
ntaylor@artesianwater.com
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.