Artesian Resources Corporation Declares Common Stock Dividend

Rhea-AI Summary

Artesian Resources Corporation (NASDAQ: ARTNA) has declared a quarterly dividend of $0.2496 per share on its Class A and Class B Common Stock. This dividend will be payable on August 21, 2020 to shareholders of record as of August 7, 2020. This marks the 111th consecutive quarterly dividend paid to shareholders, reflecting the company's commitment to returning value to investors. Artesian Resources operates essential water and wastewater services on the Delmarva Peninsula, serving over 300,000 people with 8.3 billion gallons of water annually.

Positive

• Quarterly dividend of $0.2496 per share announced.
• 111th consecutive quarterly dividend reflects strong shareholder commitment.

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• None.

NEWARK, Del., June 24, 2020 (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 $0.2496 is payable August 21, 2020 to shareholders of record at the close of business on August 7, 2020.

This is the 111^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 1,331 miles of main to over 300,000 people.

Contact:

Nicki Taylor
Investor Relations
(302) 453-6900
ntaylor@artesianwater.com

FAQ

What is the dividend amount announced by Artesian Resources?

Artesian Resources announced a quarterly dividend of $0.2496 per share.

When is the dividend payable for ARTNA?

The dividend is payable on August 21, 2020.

What is the record date for the dividend payment?

The record date for the dividend payment is August 7, 2020.

How many consecutive quarterly dividends has ARTNA paid?

Artesian Resources has paid 111 consecutive quarterly dividends.

What services does Artesian Resources Corporation provide?

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