Artesian Resources Corporation Announces Second 2% Increase This Year in Quarterly Common Stock Dividend
NEWARK, Del., Nov. 06, 2023 (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.
- NEWARK, Del., Nov. 06, 2023 (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.
- This increase will raise the quarterly dividend to $0.2897 per share on the company’s Class A and Class B Common Stock, lifting the annualized dividend rate to $1.1588 per share payable November 24, 2023 to shareholders of record at the close of business on November 16, 2023.
- “Artesian has remained focused on our strategic capital investment programs and continuing to provide value to our Shareholders,” said Dian C. Taylor, Chair, President and CEO.
- “I am pleased to announce the second increase this year of the quarterly dividend, bringing this year’s total increase to 4%.”
This marks Artesian Resources Corporation’s 124th consecutive quarterly dividend paid to shareholders.