Artesian Resources Corporation Declares Common Stock Dividend

Rhea-AI Summary

Artesian Resources Corporation (Nasdaq: ARTNA) has declared a quarterly dividend of $0.2610 on its Class A and Class B Common Stock. This dividend will be payable on August 20, 2021 to shareholders recorded by the close of business on August 9, 2021. This announcement marks the company's 115th consecutive quarterly dividend, showcasing its commitment to returning value to shareholders. Artesian is a leading water utility on the Delmarva Peninsula, supplying 8.3 billion gallons of water annually through a vast network of pipelines.

Positive

• 115th consecutive quarterly dividend demonstrates strong financial health.
• Regular dividend of $0.2610 per share reflects commitment to shareholder returns.

Negative

• None.

NEWARK, Del., June 23, 2021 (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 $0.2610 is payable August 20, 2021 to shareholders of record at the close of business on August 9, 2021.

This marks Artesian 115^th consecutive quarterly dividend paid to shareholders.

About Artesian Resources

Artesian Resources Corporation operates as a holding company of wholly-owned subsidiaries offering water and wastewater services, and related services, on the Delmarva Peninsula. Artesian Water Company, the principal subsidiary, is the oldest and largest regulated water utility on the Delmarva Peninsula and has been providing water service since 1905. Artesian supplies 8.3 billion gallons of water per year through 1,368 miles of water main to nearly a third of Delaware residents.

Contact:
Nicholle Taylor
Investor Relations
(302) 453-6900
ntaylor@artesianwater.com

FAQ

What is the dividend amount declared by Artesian Resources?

Artesian Resources has declared a quarterly dividend of $0.2610.

When will the dividend be paid by Artesian Resources?

The dividend will be paid on August 20, 2021.

What is the record date for Artesian Resources' dividend?

The record date for the dividend is August 9, 2021.

How many consecutive quarterly dividends has Artesian Resources paid?

Artesian Resources has paid 115 consecutive quarterly dividends.

What services does Artesian Resources provide?

Artesian Resources offers water and wastewater services on the Delmarva Peninsula.