Artesian Resources (ARTNA) Declares $0.2675 Quarterly Dividend; 2.8% Yield

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Artesian Resources Corporation Announces 2.5% Increase in Quarterly Common Stock Dividend Marking a 4% Increase this Year

September 22, 2021 5:05 PM EDT

NEWARK, Del., Sept. 22, 2021 (GLOBE NEWSWIRE) -- Artesian Resources Corporation (Nasdaq: ARTNA) announced today that its Board of Directors has approved a 2.5% increase in the quarterly common stock dividend, for a total increase of 4% this year. This increase will raise the quarterly dividend to $0.2675 per share on the companys Class A and Class B Common Stock, lifting the annualized dividend rate to $1.07 per share.  

As recently reported, Artesian Wastewater Management Inc., our wholly-owned subsidiary, has entered into an agreement with Middlesex Water Company to acquire its Tidewater Environmental Services, Inc.... More