Artesian Resources Corporation Announces Quarterly Dividend Details
Artesian Resources Corporation Declares Quarterly Dividend
Artesian Resources Corporation (Nasdaq: ARTNA) has recently made headlines with its announcement of a quarterly dividend, marking a significant financial milestone for the company. The Board of Directors declared a dividend of $0.3074 per share on both Class A and Class B Common Stock. This dividend is scheduled to be paid on August 25, 2025, to those shareholders who hold shares by the close of business on August 15, 2025, culminating in an annualized dividend of $1.2296 per share.
Consistent Dividend Payments
This declaration signifies Artesian’s commitment to returning value to its shareholders, being the 131st consecutive quarterly dividend paid out by the company. Such a consistent dividend policy showcases not only the company's operational reliability but also its strong financial standing within the competitive market of water utilities.
Understanding Artesian Resources Corporation
Operating as a holding company for its wholly-owned subsidiaries, Artesian Resources Corporation delivers essential water and wastewater services throughout the Delmarva Peninsula. Its principal subsidiary, Artesian Water Company, is known for being the oldest and largest regulated water utility in the region, with a rich history dating back to 1905. Each year, Artesian provides approximately 9.5 billion gallons of water through an extensive network of 1,491 miles of water mains, serving over a third of the population in Delaware.
The Role of Water Utilities Today
Water utilities like Artesian are crucial in maintaining public health and delivering essential services to communities. As demands for clean and reliable water increase, the company's role amplifies in ensuring sustainability and addressing environmental challenges. Artesian's vast experience and commitment to quality have made it a leader in the water service sector, enhancing the quality of life for thousands.
Investing in a Sustainable Future
In addition to its dividends, Artesian Resources Corporation is also focused on sustainable practices that support environmental health. The company invests in innovative technologies and infrastructure improvements to enhance water services while reducing its ecological footprint. This strategy not only benefits shareholders through returns but also fosters community trust and supports future growth.
About Artesian Water Company
As a pillar of the community, Artesian Water Company has firmly established itself through decades of reliable service. The commitment to providing high-quality water and reliable service is evident in its ongoing investments in infrastructure and community engagement, ensuring that clean water remains accessible to all.
Contact Information
For more information about the company's performance, dividends, or community initiatives, shareholders and potential investors can reach out through the following contact:
Contact:
Virginia Eisenbrey
Communications
(302) 453-6900
veisenbrey@artesianwater.com
Frequently Asked Questions
What is the announced quarterly dividend amount for Artesian Resources Corporation?
The quarterly dividend amount declared by Artesian Resources Corporation is $0.3074 per share.
When will the dividend be paid out?
The dividend will be paid on August 25, 2025, to eligible shareholders.
How long has Artesian Resources Corporation been paying dividends?
Artesian has a strong track record, with this announcement marking its 131st consecutive quarterly dividend.
What services does Artesian Resources provide?
Artesian Resources Corporation provides water and wastewater services primarily on the Delmarva Peninsula.
How can I contact Artesian Resources for more information?
For inquiries, you can contact Virginia Eisenbrey at (302) 453-6900 or via email at veisenbrey@artesianwater.com.
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