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Artesian Resources Corporation Announces Second 2% Increase This Year in Quarterly Common Stock Dividend
ARTNAArtesian Resources(ARTNA) GlobeNewswire News Room·2024-11-04 21:15

Core Points - Artesian Resources Corporation announced a 2% increase in the quarterly common stock dividend, raising it to 0.3014pershare,anda40.3014 per share, and a 4% increase for the year, resulting in an annualized dividend rate of 1.2056 per share [1] - The dividend will be payable on November 25, 2024, to shareholders of record as of November 15, 2024 [1] - This marks the 128th consecutive quarterly dividend paid by Artesian Resources Corporation [2] Company Overview - Artesian Resources Corporation operates as a holding company for wholly-owned subsidiaries that provide water and wastewater services on the Delmarva Peninsula [3] - Artesian Water Company, the principal subsidiary, is the oldest and largest regulated water utility on the Delmarva Peninsula, supplying 8.8 billion gallons of water annually through 1,470 miles of water main to over a third of Delaware's population [3]