Artesian Resources Corporation declares $0.3199 quarterly dividend, marking 135 consecutive payments to shareholders.
Quiver AI Summary
Artesian Resources Corporation has declared a quarterly dividend of $0.3199 per share on its Class A and Class B common stock, to be paid on August 28, 2026, to shareholders on record as of August 17, 2026. This payment marks the company's 135th consecutive quarterly dividend, with an annualized dividend total of $1.2796 per share. Artesian Resources, based in Newark, Delaware, operates primarily in water and wastewater services on the Delmarva Peninsula through its principal subsidiary, Artesian Water Company, which has been in operation since 1905.
Potential Positives
- Artesian Resources Corporation has declared a regular quarterly dividend of $0.3199 per share, demonstrating its financial stability and commitment to returning value to shareholders.
- This marks the 135th consecutive quarterly dividend paid to shareholders, indicating a strong history of consistent performance and reliability in dividend payments.
- The annualized dividend per share of $1.2796 reflects the company's ongoing profitability and sustainable growth, which is a positive sign for investors.
Potential Negatives
- The announcement of a regular quarterly dividend may indicate that the company is struggling to identify new growth opportunities or reinvest profits into expanding operations, relying instead on returning cash to shareholders.
FAQ
What is the quarterly dividend declared by Artesian Resources?
Artesian Resources has declared a quarterly dividend of $0.3199 per share on its common stock.
When will the dividend be payable?
The dividend will be payable on August 28, 2026, to shareholders of record as of August 17, 2026.
How many consecutive dividends has Artesian paid?
This is Artesian’s 135th consecutive quarterly dividend paid to shareholders.
What services does Artesian Resources provide?
Artesian Resources offers water and wastewater services along with related business services on the Delmarva Peninsula.
When was Artesian Water Company founded?
Artesian Water Company has been providing water service since 1905, making it the oldest water utility 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:
- DIAN C TAYLOR has made 0 purchases and 3 sales selling 5,000 shares for an estimated $155,250.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
$ARTNA Hedge Fund Activity
We have seen 57 institutional investors add shares of $ARTNA stock to their portfolio, and 28 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- BLACKROCK, INC. removed 772,671 shares (-81.9%) from their portfolio in Q1 2026, for an estimated $24,609,571
- NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO removed 326,997 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $10,414,854
- JANE STREET GROUP, LLC added 128,614 shares (+606.8%) to their portfolio in Q1 2026, for an estimated $4,096,355
- TWO SIGMA INVESTMENTS, LP added 110,999 shares (+196.6%) to their portfolio in Q1 2026, for an estimated $3,535,318
- UBS GROUP AG added 106,706 shares (+165.5%) to their portfolio in Q1 2026, for an estimated $3,398,586
- ADAGE CAPITAL PARTNERS GP, L.L.C. added 50,000 shares (+33.3%) to their portfolio in Q1 2026, for an estimated $1,592,500
- MARSHALL WACE, LLP added 48,695 shares (+93.6%) to their portfolio in Q1 2026, for an estimated $1,550,935
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
Full Release
NEWARK, Del., Aug. 06, 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 $0.3199 per share will be payable on August 28, 2026, to shareholders of record as of the close of business on August 17, 2026, representing an annualized dividend per share of $1.2796.
This is Artesian’s 135 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 business services, on the Delmarva Peninsula. Artesian Water Company, Inc. (Artesian), the principal subsidiary, is the oldest and largest regulated water utility on the Delmarva Peninsula and has been providing water service since 1905.
Contact:
Virginia Eisenbrey
Communications
(302) 453-6900
[email protected]
