Artesian Resources Corporation, through its subsidiaries, provides water, wastewater, and other services in Delaware, Maryland, and Pennsylvania. The company distributes and sells water to residential, commercial, industrial, governmental, municipal, and utility customers, as well as for public and private fire protection in the states of Delaware, Maryland, and Pennsylvania; and offers wastewater collection, treatment infrastructure, and wastewater services to customers in Delaware. It also provides contract water and wastewater services; water, sewer, and internal service line protection plans; and wastewater management services, as well as design, construction, and engineering services. In addition, the company offers services to other water utilities, including operations and billing functions; owns real estate properties, including land for office buildings, a water treatment plant, and wastewater facility; and provides design, installation, maintenance, and repair services related to existing or proposed storm water management systems. As of December 31, 2020, it served approximately 90,300 metered water customers in Delaware, 2,500 metered water customers in Maryland, and 40 customers in Pennsylvania through 1,368 miles of transmission and distribution mains. Artesian Resources Corporation was founded in 1905 and is headquartered in Newark, Delaware.
IPO Year:
Exchange: NASDAQ
Website: artesianresources.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 10/25/2021 | $55.00 | Buy | Janney Montgomery Scott |
| 10/25/2021 | Buy | Janney |
NEWARK, Del., Jan. 27, 2025 (GLOBE NEWSWIRE) -- Artesian Resources Corporation (NASDAQ:ARTNA) announced today that its Board of Directors declared a regular quarterly dividend on the company's Class A and Class B Common Stock. The quarterly dividend of $0.3014 is payable February 21, 2025 to shareholders of record at the close of business on February 7, 2025, providing a $1.2056 annualized dividend rate. This is Artesian's 129th 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 Peninsul
NEWARK, Del., Nov. 04, 2024 (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, a 4% increase for the year. This increase will raise the quarterly dividend to $0.3014 per share on the company's Class A and Class B Common Stock, lifting the annualized dividend rate to $1.2056 per share payable November 25, 2024 to shareholders of record at the close of business on November 15, 2024. "Artesian has remained focused on delivering value to our shareholders while providing high quality water service and environmentally sound wastewater services to our customers," said Dia
NEWARK, Del., Nov. 04, 2024 (GLOBE NEWSWIRE) -- Artesian Resources Corporation (NASDAQ:ARTNA), a leading provider on the Delmarva Peninsula of water and wastewater services, and a number of other related business services, today announced third quarter and year-to-date results for 2024. Third Quarter Results Net income was $6.8 million, a $1.7 million, or 34.4%, increase compared to net income recorded for the three months ended September 30, 2023. Diluted net income per share was $0.66 compared to $0.49 for the same period in 2023. Revenues totaled $29.1 million for the three months ended September 30, 2024, $2.6 million, or 9.7%, more than revenues for the three months ended Septemb
NEWARK, Del., Aug. 05, 2024 (GLOBE NEWSWIRE) -- Artesian Resources Corporation (NASDAQ:ARTNA), a leading provider on the Delmarva Peninsula of water and wastewater services, and a number of other related business services, today announced second quarter and year-to-date results for 2024. Second Quarter Results Net income was $5.3 million, a $0.9 million, or 19.9%, increase compared to net income recorded for the three months ended June 30, 2023. Diluted net income per share was $0.52, an 18.2% increase compared to $0.44 for the same period in 2023. Revenues totaled $27.4 million for the three months ended June 30, 2024, $2.2 million, or 8.6%, more than revenues for the three months en
NEWARK, Del., Aug. 05, 2024 (GLOBE NEWSWIRE) -- Artesian Resources Corporation (NASDAQ:ARTNA) announced today that its Board of Directors has declared a regular quarterly dividend on the company's Class A and Class B Common Stock. The quarterly dividend of $0.2955 per share is payable August 27, 2024 to shareholders of record at the close of business on August 16, 2024, providing an annualized dividend of $1.182 per share. This is Artesian's 127th 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 t
NEWARK, Del., May 06, 2024 (GLOBE NEWSWIRE) -- Artesian Resources Corporation (NASDAQ:ARTNA) announces today that its Board of Directors has approved a 2% increase in the quarterly dividend per share on the company's Class A and Class B Common Stock, raising the annualized dividend to $1.182 per share. The quarterly dividend rate of $0.2955 per share is payable May 28, 2024 to shareholders of record at the close of business on May 17, 2024. "This is Artesian's 126th consecutive quarterly dividend paid to shareholders and 28th consecutive year of increased dividends. This record of consistency demonstrates continued success in achieving our long-term strategic objectives of proactively inv
NEWARK, Del., May 06, 2024 (GLOBE NEWSWIRE) -- Artesian Resources Corporation (NASDAQ:ARTNA), a leading provider on the Delmarva Peninsula of water and wastewater services, and a number of other related business services, today announced earnings results for the first quarter of 2024. First Quarter Results Net income was $4.4 million, a $0.7 million, or 19.1%, increase compared to net income recorded during the three months ended March 31, 2023. Diluted net income per share increased 10.3% to $0.43, compared to $0.39 for the same period in 2023. Revenues totaled $24.5 million for the three months ended March 31, 2024, $2.0 million, or 9.1%, more than revenues for the three months ende
NEWARK, De., April 10, 2024 (GLOBE NEWSWIRE) -- Artesian Resources Corporation (NASDAQ:ARTNA), a leading provider of water and wastewater services, and a number of other related core business services, on the Delmarva Peninsula, today announced that its 2023 Annual Report is available electronically to shareholders through its website at https://www.artesianwater.com/investor-relations/annual-report/. If any shareholder would like to receive a print copy of the 2023 Annual Report, they can request one free of charge by writing or calling Artesian Resources Corporation, 664 Churchmans Road, Newark, Delaware 19702, Attention Laura Slayman (Phone Number: 302-453-6900). About Artesian Resourc
NEWARK, Del., March 13, 2024 (GLOBE NEWSWIRE) -- Artesian Resources Corporation (NASDAQ:ARTNA), a leading provider of water and wastewater services, and related services, on the Delmarva Peninsula, today announced earnings results for the fourth quarter and year ended December 31, 2023. Year End Results Net income was $16.7 million, a $1.3 million, or 7.2%, decrease compared to net income recorded during the twelve months ended December 31, 2022. Diluted net income per share decreased to $1.67, compared to $1.90 for the same period in 2022. Revenues totaled $98.9 million for both the year ended December 31, 2023 and December 31, 2022, respectively: Water sales revenue increased
NEWARK, Del., Jan. 29, 2024 (GLOBE NEWSWIRE) -- Artesian Resources Corporation (NASDAQ:ARTNA) announced today that its Board of Directors has declared a regular quarterly dividend on the company's Class A and Class B Common Stock. The quarterly dividend of $0.2897 per share is payable February 23, 2024 to shareholders of record at the close of business on February 9, 2024, providing a $1.1588 annualized dividend rate. This is Artesian's 125th 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 De
Janney Montgomery Scott initiated coverage of Artesian Resources with a rating of Buy and set a new price target of $55.00
Janney initiated coverage of Artesian Resources with a rating of Buy
NEWARK, Del., Jan. 27, 2025 (GLOBE NEWSWIRE) -- Artesian Resources Corporation (NASDAQ:ARTNA) announced today that its Board of Directors declared a regular quarterly dividend on the company's Class A and Class B Common Stock. The quarterly dividend of $0.3014 is payable February 21, 2025 to shareholders of record at the close of business on February 7, 2025, providing a $1.2056 annualized dividend rate. This is Artesian's 129th 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 Peninsul
NEWARK, Del., Nov. 04, 2024 (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, a 4% increase for the year. This increase will raise the quarterly dividend to $0.3014 per share on the company's Class A and Class B Common Stock, lifting the annualized dividend rate to $1.2056 per share payable November 25, 2024 to shareholders of record at the close of business on November 15, 2024. "Artesian has remained focused on delivering value to our shareholders while providing high quality water service and environmentally sound wastewater services to our customers," said Dia
NEWARK, Del., Aug. 05, 2024 (GLOBE NEWSWIRE) -- Artesian Resources Corporation (NASDAQ:ARTNA) announced today that its Board of Directors has declared a regular quarterly dividend on the company's Class A and Class B Common Stock. The quarterly dividend of $0.2955 per share is payable August 27, 2024 to shareholders of record at the close of business on August 16, 2024, providing an annualized dividend of $1.182 per share. This is Artesian's 127th 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 t
NEWARK, Del., May 06, 2024 (GLOBE NEWSWIRE) -- Artesian Resources Corporation (NASDAQ:ARTNA) announces today that its Board of Directors has approved a 2% increase in the quarterly dividend per share on the company's Class A and Class B Common Stock, raising the annualized dividend to $1.182 per share. The quarterly dividend rate of $0.2955 per share is payable May 28, 2024 to shareholders of record at the close of business on May 17, 2024. "This is Artesian's 126th consecutive quarterly dividend paid to shareholders and 28th consecutive year of increased dividends. This record of consistency demonstrates continued success in achieving our long-term strategic objectives of proactively inv
NEWARK, Del., Jan. 29, 2024 (GLOBE NEWSWIRE) -- Artesian Resources Corporation (NASDAQ:ARTNA) announced today that its Board of Directors has declared a regular quarterly dividend on the company's Class A and Class B Common Stock. The quarterly dividend of $0.2897 per share is payable February 23, 2024 to shareholders of record at the close of business on February 9, 2024, providing a $1.1588 annualized dividend rate. This is Artesian's 125th 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 De
NEWARK, Del., Nov. 06, 2023 (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. This increase will raise the quarterly dividend to $0.2897 per share on the company's Class A and Class B Common Stock, lifting the annualized dividend rate to $1.1588 per share payable November 24, 2023 to shareholders of record at the close of business on November 16, 2023. "Artesian has remained focused on our strategic capital investment programs and continuing to provide value to our Shareholders," said Dian C. Taylor, Chair, President and CEO. "I am pleased to announce the second i
NEWARK, Del., Aug. 07, 2023 (GLOBE NEWSWIRE) -- Artesian Resources Corporation (NASDAQ:ARTNA) announced today that its Board of Directors has declared a regular quarterly dividend on the company's Class A and Class B Common Stock. The quarterly dividend of $0.284 per share is payable August 25, 2023 to shareholders of record at the close of business on August 17, 2023. This marks Artesian's 123rd 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 services, on the Delmarva Peninsula. Artesian Water Company, the principal
NEWARK, Del., May 09, 2023 (GLOBE NEWSWIRE) -- Artesian Resources Corporation (NASDAQ:ARTNA) is pleased to announce that its Board of Directors approved a 2% increase in the quarterly dividend per share on the company's Class A and Class B Common Stock, which raises the annualized dividend rate to $1.136 per share. The quarterly dividend rate of $0.284 per share is payable May 26, 2023 to shareholders of record at the close of business on May 19, 2023. "I am pleased to share that Artesian's Board of Directors has authorized a 2% increase in the quarterly dividend. We continue to focus on our long-term strategic objectives; successfully growing our customer base, service area and revenues,
NEWARK, Del., March 09, 2023 (GLOBE NEWSWIRE) -- Artesian Resources Corporation (NASDAQ:ARTNA), a leading provider of water and wastewater services, and a number of other related core business services, on the Delmarva Peninsula, today announced earnings results for the fourth quarter and year ended December 31, 2022. Increased revenues by 8.8% and net income by 7.0% in 2022Increased annualized shareholder dividends by 4.0% in 2022Paid dividends to shareholders for 121 consecutive quarters and increased dividends for the 26th consecutive yearInvested $48.5 million in 2022 in water and wastewater infrastructureAcquired Tidewater Environmental Services, Inc. (TESI) more than doublin
NEWARK, Del., Jan. 25, 2023 (GLOBE NEWSWIRE) -- Artesian Resources Corporation (NASDAQ:ARTNA) announced today that its Board of Directors has declared a regular quarterly dividend on the company's Class A and Class B Common Stock. The quarterly dividend of $0.2784 is payable February 23, 2023 to shareholders of record at the close of business on February 9, 2023. This is the 121st 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 core business services, on the Delmarva Peninsula. Artesian Water Company, the principal sub
8-K - ARTESIAN RESOURCES CORP (0000863110) (Filer)
8-K - ARTESIAN RESOURCES CORP (0000863110) (Filer)
10-Q - ARTESIAN RESOURCES CORP (0000863110) (Filer)
8-K - ARTESIAN RESOURCES CORP (0000863110) (Filer)
10-Q - ARTESIAN RESOURCES CORP (0000863110) (Filer)
8-K - ARTESIAN RESOURCES CORP (0000863110) (Filer)
11-K - ARTESIAN RESOURCES CORP (0000863110) (Filer)
8-K - ARTESIAN RESOURCES CORP (0000863110) (Filer)
8-K - ARTESIAN RESOURCES CORP (0000863110) (Filer)
10-Q - ARTESIAN RESOURCES CORP (0000863110) (Filer)
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