Artesian Resources declares a quarterly dividend of $0.3136 per share, marking 133 consecutive quarters of payments.
Quiver AI Summary
Artesian Resources Corporation has announced a regular quarterly dividend of $0.3136 per share on its Class A and Class B common stock, to be paid on February 25, 2026, to shareholders recorded by February 13, 2026. This marks the 133rd consecutive quarterly dividend for the company, which has an annualized dividend rate of $1.2544. Artesian, based on the Delmarva Peninsula, operates as a holding company for subsidiaries providing water and wastewater services, with its main subsidiary, Artesian Water Company, being the oldest and largest regulated water utility in the region, supplying 9.5 billion gallons of water annually through 1,491 miles of water main to over a third of Delaware's population.
Potential Positives
- The declaration of a regular quarterly dividend demonstrates the company's commitment to returning value to shareholders.
- This marks the 133rd consecutive quarterly dividend, indicating a strong track record of financial stability and consistent performance.
- The dividend amount of $0.3136 per share reflects a reliable income stream for investors, which may enhance investor confidence in the company.
- Artesian Resources Corporation operates as the oldest and largest regulated water utility on the Delmarva Peninsula, highlighting its significant market position and operational longevity.
Potential Negatives
- The announcement of a dividend may indicate limited opportunities for reinvestment in growth or innovation, as the company opts to distribute profits to shareholders rather than reinvest them into the business.
FAQ
What is the amount of the quarterly dividend declared by Artesian Resources?
Artesian Resources has declared a quarterly dividend of $0.3136 per share.
When will the dividend be payable to shareholders?
The dividend will be payable on February 25, 2026.
What is the record date for receiving the dividend?
The record date for receiving the dividend is February 13, 2026.
How many consecutive quarterly dividends has Artesian paid?
This is Artesian's 133rd consecutive quarterly dividend paid to shareholders.
What services does Artesian Resources Corporation provide?
Artesian Resources provides water and wastewater 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 5 times in the past 6 months. Of those trades, 0 have been purchases and 5 have been sales.
Here’s a breakdown of recent trading of $ARTNA stock by insiders over the last 6 months:
- DIAN C TAYLOR has made 0 purchases and 2 sales selling 4,448 shares for an estimated $141,662.
- 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 39 institutional investors add shares of $ARTNA stock to their portfolio, and 48 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- LEGAL & GENERAL GROUP PLC removed 142,048 shares (-100.0%) from their portfolio in Q3 2025, for an estimated $4,630,054
- HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC added 93,520 shares (+inf%) to their portfolio in Q3 2025, for an estimated $3,048,284
- PROSPERA FINANCIAL SERVICES INC added 56,890 shares (+93.9%) to their portfolio in Q3 2025, for an estimated $1,854,329
- BLACKROCK, INC. added 41,555 shares (+5.1%) to their portfolio in Q3 2025, for an estimated $1,354,485
- MILLENNIUM MANAGEMENT LLC removed 34,816 shares (-46.6%) from their portfolio in Q3 2025, for an estimated $1,134,827
- FIRST TRUST ADVISORS LP removed 30,432 shares (-100.0%) from their portfolio in Q3 2025, for an estimated $991,931
- CSM ADVISORS, LLC removed 29,870 shares (-100.0%) from their portfolio in Q3 2025, for an estimated $973,612
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Full Release
NEWARK, Del., Feb. 02, 2026 (GLOBE NEWSWIRE) -- Artesian Resources Corporation (Nasdaq: ARTNA) today announced that its Board of Directors has declared a regular quarterly dividend on the company’s Class A and Class B common stock. The dividend of $0.3136 per share will be payable on February 25, 2026, to shareholders of record as of the close of business on February 13, 2026, representing an annualized dividend rate of $1.2544.
This is Artesian’s 133 rd 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]
