Artesian Resources Corporation announced a 2% increase in its quarterly dividend, reflecting continued growth and operational efficiency.
Quiver AI Summary
Artesian Resources Corporation announced a 2% increase in its quarterly common stock dividend, which will total a 4% increase for the year, raising the quarterly dividend to $0.3136 per share. This dividend will be payable on November 24, 2025, to shareholders recorded by November 14, 2025, bringing the annualized rate to $1.2544 per share. CEO Nicki Taylor emphasized the company's commitment to strategic growth in water and wastewater services, operational excellence, and regulatory compliance. This announcement marks Artesian's 132nd consecutive quarterly dividend, highlighting its stability and dedication to shareholders.
Potential Positives
- The approval of a 2% increase in the quarterly common stock dividend demonstrates the company's commitment to returning value to shareholders and reflects its strong financial health.
- This marks the 132nd consecutive quarterly dividend paid, highlighting the company’s reliability and consistency in providing returns to investors.
- The announcement signifies a 4% increase in the annual dividend rate, indicating positive growth and improved financial performance over the year.
- The company's focus on strategic growth in wastewater and water services suggests ongoing operational improvements and a commitment to long-term sustainability and stability.
Potential Negatives
- The announcement of a relatively modest 2% dividend increase amidst broader economic pressures may signal slow growth potential, which could concern investors looking for more aggressive returns.
- The press release does not provide detailed information on financial performance metrics or future outlook, leaving shareholders without insights into the company's growth trajectory or potential risks.
- The focus on operational efficiency and regulatory compliance might imply past challenges or ongoing concerns in these areas, which could affect investor confidence.
FAQ
What is the new quarterly dividend announced by Artesian Resources?
Artesian Resources has approved a new quarterly dividend of $0.3136 per share.
When will the new dividend be payable?
The new dividend will be payable on November 24, 2025.
What was the percentage increase in the dividend for this year?
This year's increase in the dividend is 4% overall.
How long has Artesian been paying dividends?
This is Artesian’s 132nd consecutive quarterly dividend paid to shareholders.
What services does Artesian Resources Corporation provide?
Artesian provides water and wastewater services, along with related business services on the Delmarva Peninsula.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$ARTNA Insider Trading Activity
$ARTNA insiders have traded $ARTNA stock on the open market 3 times in the past 6 months. Of those trades, 0 have been purchases and 3 have been sales.
Here’s a breakdown of recent trading of $ARTNA stock by insiders over the last 6 months:
- JOHN M THAEDER (Senior Vice President) has made 0 purchases and 3 sales selling 3,000 shares for an estimated $99,784.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$ARTNA Hedge Fund Activity
We have seen 40 institutional investors add shares of $ARTNA stock to their portfolio, and 50 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- ADAGE CAPITAL PARTNERS GP, L.L.C. added 150,000 shares (+inf%) to their portfolio in Q2 2025, for an estimated $5,034,000
- BLACKROCK, INC. added 102,902 shares (+14.3%) to their portfolio in Q2 2025, for an estimated $3,453,391
- UBS GROUP AG removed 83,189 shares (-66.1%) from their portfolio in Q2 2025, for an estimated $2,791,822
- PROSPERA FINANCIAL SERVICES INC added 60,603 shares (+inf%) to their portfolio in Q2 2025, for an estimated $2,033,836
- CITADEL ADVISORS LLC removed 47,236 shares (-46.8%) from their portfolio in Q2 2025, for an estimated $1,585,240
- INVESCO LTD. removed 43,742 shares (-81.6%) from their portfolio in Q2 2025, for an estimated $1,467,981
- RUSSELL INVESTMENTS GROUP, LTD. removed 38,557 shares (-41.5%) from their portfolio in Q2 2025, for an estimated $1,293,972
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Full Release
NEWARK, Del., Oct. 30, 2025 (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, which will mark a 4% increase for the year. This increase will raise the quarterly dividend to $0.3136 per share on the company’s Class A and Class B Common Stock payable November 24, 2025 to shareholders of record at the close of business on November 14, 2025, lifting the annualized dividend rate to $ 1.2544 per share.
“Artesian continues to execute our strategic growth plan for wastewater and water services, expanding our customer base in a manner that strengthens operational efficiency and supports sustainable growth,” said Nicki Taylor, Chair, President and CEO. “Looking ahead, we remain focused on operational excellence, regulatory compliance and strong financial management. This approach supports the long-term interests of our customers and reinforces the continued strength and stability of our company for our shareholders.”
This is Artesian’s 132 nd 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 business 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 9.5 billion gallons of water per year through 1,491 miles of water main to over a third of Delawareans.
Contact:
Virginia Eisenbrey
Communications
(302) 453-6900
[email protected]
