Artesian Resources Corporation Declares Regular Quarterly Dividend
Artesian Resources Corporation (Nasdaq: ARTNA), a prominent player in the water service sector, has recently made a significant announcement regarding its quarterly dividend. The Board of Directors declared a regular quarterly dividend for both Class A and Class B Common Stock, marking an important event for shareholders. This dividend is set at $0.3014 and will be payable to shareholders on February 21 of the upcoming year. Those who are on record as shareholders will need to ensure their status by the close of business on February 7.
Dividend Announcement Details
The announcement of this dividend reflects the company's commitment to returning value to its investors. The annualized dividend rate stands at $1.2056, which illustrates the consistency and financial health of Artesian Resources Corporation. Impressively, this marks the 129th consecutive quarterly dividend paid, showcasing the company's reliability in providing returns to its shareholders year after year.
About Artesian Resources Corporation
Artesian Resources Corporation operates as a holding company, managing several wholly-owned subsidiaries dedicated to providing essential water and wastewater services across the Delmarva Peninsula. Its principal subsidiary, the Artesian Water Company, holds the status of the oldest and largest regulated water utility in the region. Established in 1905, the company has built a robust infrastructure providing around 8.8 billion gallons of water annually through an extensive network of 1,470 miles of water main, serving over a third of Delaware's population.
The Role of Artesian Water Company
Artesian Water Company plays a fundamental role in ensuring that millions of individuals have access to clean and safe drinking water. The company invests in state-of-the-art technologies and initiatives to maintain high water quality standards while adapting to the evolving needs of the community. Its dedication to sustainability and efficient water management sets it apart as a leader in the industry.
Contact Information
For those interested in learning more about Artesian Resources Corporation or the recent dividend announcement, please reach out to:
Nicholle R. Taylor
Investor Relations
(302) 453-6900
ntaylor@artesianwater.com
Frequently Asked Questions
What is the declared dividend amount for Artesian Resources Corporation?
The declared dividend amount is $0.3014 per share for both Class A and Class B Common Stock.
When will the dividend be paid?
The dividend will be payable on February 21, with the record date set for February 7.
How many consecutive quarterly dividends has Artesian Resources declared?
Artesian Resources has declared its 129th consecutive quarterly dividend.
What services does Artesian Resources Corporation provide?
Artesian Resources primarily provides water and wastewater services through its subsidiaries, focusing on the Delmarva Peninsula.
Who should I contact for more information about the company?
You can contact Nicholle R. Taylor, Investor Relations, at (302) 453-6900 or via email at ntaylor@artesianwater.com.
