StockWatch
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Water Supply
DividendMay 5, 2026, 04:33 PM

Artesian Resources Increases Quarterly Dividend by 2% to $0.3199/Share

AI Summary

Artesian Resources Corporation announced that its Board of Directors approved a 2% increase in the quarterly dividend per share on its Class A and Class B Common Stock. The new quarterly dividend rate of $0.3199 per share, which annualizes to $1.2796 per share, is payable on May 29, 2026, to shareholders of record as of May 15, 2026. This dividend increase reflects the company's ongoing commitment to executing its strategic growth plan and delivering shareholder value.

Key Highlights

  • Artesian Resources increased its quarterly dividend by 2%.
  • New quarterly dividend is $0.3199 per share.
  • Annualized dividend now stands at $1.2796 per share.
  • Dividend is payable on May 29, 2026.
  • Record date for the dividend is May 15, 2026.
  • This marks the company's 134th consecutive quarterly dividend.