Artesian Resources Corp. Declares Quarterly Dividend of $0.21 (ARTNA)
Artesian Resources Corp. (NASDAQ:ARTNA) declared a quarterly dividend on Wednesday, January 22nd, AR Network reports. Investors of record on Monday, February 10th will be given a dividend of 0.2088 per share on Friday, February 21st. This represents a $0.84 dividend on an annualized basis and a yield of 3.73%.
Artesian Resources Corp. (NASDAQ:ARTNA) traded up 0.09% on Wednesday, hitting $22.44. The stock had a trading volume of 811 shares. Artesian Resources Corp. has a one year low of $21.52 and a one year high of $24.27. The stock has a 50-day moving average of $22.66 and a 200-day moving average of $22.58. The company has a market cap of $197.4 million and a price-to-earnings ratio of 23.09.
Artesian Resources Corp. (NASDAQ:ARTNA) last posted its quarterly earnings results on Wednesday, November 6th. The company reported $0.29 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.34 by $0.05. The company had revenue of $18.10 million for the quarter, compared to the consensus estimate of $19.67 million. On average, analysts predict that Artesian Resources Corp. will post $1.02 earnings per share for the current fiscal year.
Artesian Resources Corporation (NASDAQ:ARTNA) operates as a parent holding company of Artesian Water Company, Inc (Artesian Water), Artesian Water Pennsylvania, Inc (Artesian Water Pennsylvania), Artesian Water Maryland, Inc (Artesian Water Maryland), Artesian Wastewater Management, Inc (Artesian Wastewater), Artesian Wastewater Maryland, Inc These Companies are regulated public utilities, while the Company’s three non-regulated subsidiaries include Artesian Utility Development, Inc (Artesian Utility), Artesian Development Corporation (Artesian Development) and Artesian Consulting Engineers, Inc The Company distributes and sells water, including water for public and private fire protection, to residential, commercial, industrial, municipal and utility customers throughout the states of Delaware, Maryland and Pennsylvania.
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