Artesian Resources

Artesian Resources Corp. is a holding company, which engages in the provision of water resource management. Its activities include residential, commercial water and wastewater, government and contract services, and developers. The company was founded in 1927 and is headquartered in Newark, DE.

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Artesian Resources Corp. is a holding company, which engages in the provision of water resource management. Its activities include residential, commercial water and wastewater, government and contract services, and developers. The company was founded in 1905 and is headquartered in Newark, DE.

Artesian Resources (ARTNA) came out with quarterly earnings of $0.66 per share, beating the Zacks Consensus Estimate of $0.61 per share. This compares to earnings of $0.49 per share a year ago.

Artesian Resources (ARTNA) Q3 Earnings and Revenues Top Estimates

NEWARK, Del., Nov. 04, 2024 (GLOBE NEWSWIRE) -- Artesian Resources Corporation (Nasdaq: ARTNA) announced today that its Board of Directors has approved a 2% increase in the quarterly common stock dividend, a 4% increase for the year. This increase will raise the quarterly dividend to $0.3014 per share on the company's Class A and Class B Common Stock, lifting the annualized dividend rate to $1.2056 per share payable November 25, 2024 to shareholders of record at the close of business on November 15, 2024.

Artesian Resources Corporation Announces Second 2% Increase This Year in Quarterly Common Stock Dividend

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Having hiked its dividend for 29 years straight, Artesian Resources is a Dividend Champion. Thanks to higher water rates and customer growth, the utility's revenue and diluted EPS climbed in Q2. Artesian Resources' balance sheet is well capitalized.

Artesian Resources: An Intriguing Dividend Stock To Buy Now

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Artesian Resources is a regulated monopoly water utility with steady growth, consistent dividends, and is currently undervalued, making it a long-term buy for dividend growth investors. The company has a robust capital investment program, partnerships, and M&A activities, contributing to revenue growth. Artesian Resources boasts a 32-year streak of dividend increases, with a current yield of 3.27%, supported by a 65% payout ratio and strong cash flow.

Artesian Resources: A Small-Cap Water Utility For Consistent Dividend Growth

Artesian Resources (ARTNA) came out with quarterly earnings of $0.52 per share, missing the Zacks Consensus Estimate of $0.54 per share. This compares to earnings of $0.44 per share a year ago.

Artesian Resources (ARTNA) Lags Q2 Earnings Estimates

NEWARK, Del., Aug. 05, 2024 (GLOBE NEWSWIRE) -- Artesian Resources Corporation (Nasdaq: ARTNA), a leading provider on the Delmarva Peninsula of water and wastewater services, and a number of other related business services, today announced second quarter and year-to-date results for 2024.

Artesian Resources Corporation Reports Second Quarter and Year-to-Date 2024 Results

NEWARK, Del., Aug. 05, 2024 (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 $0.2955 per share is payable August 27, 2024 to shareholders of record at the close of business on August 16, 2024, providing an annualized dividend of $1.182 per share.

Artesian Resources Corporation Declares Common Stock Dividend

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When most investors think of dividend stocks, they think of stability and steady income—not about tripling their money over the next few years. However, there are exceptional opportunities where dividend stocks can offer both reliable income and substantial capital appreciation.

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NEWARK, Del., June 25, 2024 (GLOBE NEWSWIRE) -- Artesian Resources Corporation (Nasdaq: ARTNA) announced that its Annual Charitable Golf Outing raised nearly $135,000, bringing the thirteen-year total to $875,000. Over 175 golfers representing Artesian's valued vendors and business partners gathered on June 3rd at the DuPont Country Club in Wilmington, Delaware to support local charitable organizations. “We are immensely grateful for the generous support from our business partners to be able to once again have such an incredibly successful event. Their continued partnership with us each year enables Artesian to have a positive impact on local charities across the Delmarva Peninsula,” said Dian C. Taylor, Chair and CEO.

Artesian Resources Corporation's Annual Charitable Golf Tournament Raises Nearly $135,000

Artesian Resources is a Dividend Champion that doesn't get a lot of attention. The relatively positive resolution of its Delaware rate case means that solid growth should lie ahead for the foreseeable future. ARTNA's interest coverage ratio improved to 3 in the first quarter.

Artesian Resources: An Under-The-Radar Dividend Champion To Buy Now

NEWARK, Del., May 06, 2024 (GLOBE NEWSWIRE) -- Artesian Resources Corporation (Nasdaq: ARTNA) announces today that its Board of Directors has approved a 2% increase in the quarterly dividend per share on the company's 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 is payable May 28, 2024 to shareholders of record at the close of business on May 17, 2024.

Artesian Resources Corporation Announces 2% Increase in Quarterly Common Stock Dividend

NEWARK, Del., May 06, 2024 (GLOBE NEWSWIRE) -- Artesian Resources Corporation (Nasdaq: ARTNA), a leading provider on the Delmarva Peninsula of water and wastewater services, and a number of other related business services, today announced earnings results for the first quarter of 2024.

Artesian Resources Corporation Reports First Quarter 2024 Results

NEWARK, Del., April 10, 2024 (GLOBE NEWSWIRE) -- Artesian Water Company, Inc. (Artesian), a subsidiary of Artesian Resources Corporation (Nasdaq: ARTNA), a leading provider of water services on the Delmarva Peninsula, announced that it is well-prepared to meet the U.S. Environmental Protection Agency's (EPA) new drinking water standard that sets a maximum contaminant level (MCL) for certain per- and polyfluoroalkyl substances (PFAS). The MCL is expected to be effective in 2029.

Artesian Water Company Prepared to Fully Comply with EPA's New PFAS Drinking Water Standard

NEWARK, De., April 10, 2024 (GLOBE NEWSWIRE) -- Artesian Resources Corporation (NASDAQ: ARTNA), a leading provider of water and wastewater services, and a number of other related core business services, on the Delmarva Peninsula, today announced that its 2023 Annual Report is available electronically to shareholders through its website at https://www.artesianwater.com/investor-relations/annual-report/. If any shareholder would like to receive a print copy of the 2023 Annual Report, they can request one free of charge by writing or calling Artesian Resources Corporation, 664 Churchmans Road, Newark, Delaware 19702, Attention Laura Slayman (Phone Number: 302-453-6900).

Artesian Resources Corporation 2023 Annual Report Available Electronically to Shareholders

NEWARK, Del., March 13, 2024 (GLOBE NEWSWIRE) -- Artesian Resources Corporation (Nasdaq: ARTNA), a leading provider of water and wastewater services, and related services, on the Delmarva Peninsula, today announced earnings results for the fourth quarter and year ended December 31, 2023.

Artesian Resources Corporation Reports 2023 Year-End Earnings and Fourth Quarter Results

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Artesian Resources Corporation is a holding company that provides water, wastewater, and other services in Delaware, Maryland, and Pennsylvania. The company's revenue growth has been lower in recent years, but it has potential for growth due to population growth and potential rate increases. Falling inflation rates and potential interest rate cuts could benefit the company's operating costs and dividend payments.

Artesian Resources Is An Attractive Investment Opportunity

NEWARK, Del., Jan. 29, 2024 (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 $0.2897 per share is payable February 23, 2024 to shareholders of record at the close of business on February 9, 2024, providing a $1.1588 annualized dividend rate.

Artesian Resources Corporation Declares Common Stock Dividend

NEWARK, Del., Nov. 06, 2023 (GLOBE NEWSWIRE) -- Artesian Resources Corporation (Nasdaq: ARTNA), a leading provider of water and wastewater services, and related services, on the Delmarva Peninsula, today announced third quarter and year-to-date results for 2023.

Artesian Resources Corporation Reports Third Quarter and Year-To-Date 2023 Results

Artesian Resources Corporation is a water utility company that has historically provided low volatility and safety for investors. The need for water transcends economic cycles, making Artesian's stable supply of clean water a valuable asset.

Artesian Resources: Why This Stock Is A Buy

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