Welcome to our dedicated page for Artesian Res news (Ticker: ARTNA), a resource for investors and traders seeking the latest updates and insights on Artesian Res stock.
Artesian Resources Corporation (NASDAQ: ARTNA) provides essential water and wastewater services across the Mid-Atlantic region. This page aggregates official press releases and news updates directly related to the company’s operations, financial performance, and strategic initiatives.
Investors and stakeholders will find a centralized resource for tracking ARTNA’s quarterly earnings reports, infrastructure investments, regulatory compliance updates, and service area expansions. The curated content spans operational milestones, leadership announcements, and partnerships impacting water resource management.
Key updates include developments in water distribution systems, wastewater treatment projects, and regulated utility rate adjustments. Content is organized to highlight material events affecting the company’s position in the essential services sector while maintaining compliance with financial disclosure standards.
Bookmark this page for streamlined access to ARTNA’s latest corporate communications, or check back regularly for updates on critical infrastructure developments and operational achievements in the water utility sector.
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.
Artesian Resources (Nasdaq: ARTNA) announced that their Annual Charitable Golf Outing raised nearly $135,000, bringing the total funds raised over the last thirteen years to $875,000.
The event, held on June 3rd at the DuPont Country Club in Wilmington, Delaware, saw participation from over 175 golfers representing Artesian’s vendors and business partners.
Major sponsors included AssuredPartners, Austin & Bednash Construction, Core & Main, Eagle Control , Ferguson Waterworks, Klenzoid, McWane Waterworks, Metra Industries, Pureflow Filtration, Technivate, and Tri-State Underground.
Beneficiaries of the funds include the Delaware Nature Society and Ray of Hope Mission Center, among others. Artesian’s leadership expressed pride in the event's success and emphasized the importance of supporting local charities.
Artesian Resources (Nasdaq: ARTNA) has announced a 2% increase in the quarterly dividend per share on its Class A and Class B Common Stock, raising the annualized dividend to $1.182 per share. The quarterly dividend rate of $0.2955 per share will be payable on May 28, 2024, to shareholders of record as of May 17, 2024. This marks the company's 126th consecutive quarterly dividend paid and 28th consecutive year of increased dividends, showcasing its commitment to shareholder value.
Artesian Resources (ARTNA) reported strong first-quarter 2024 results with net income reaching $4.4 million, a 19.1% increase from the same period last year. Diluted net income per share rose by 10.3% to $0.43. Revenues totaled $24.5 million, a 9.1% increase year-over-year, driven by higher water sales revenue and other utility operating revenue. Despite increased operating expenses, the company remains focused on investing in infrastructure to maintain high-quality service standards.
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