NEWARK, DE — Artesian Resources Corporation (Nasdaq: ARTNA) has announced a 2% hike in its quarterly dividend for Class A and Class B Common Stock, marking a new annualized payout of $1.182 per share.
The revised dividend of $0.2955 per share will be distributed to shareholders on record as of May 17, 2024, with payment scheduled for May 28. This adjustment represents Artesian’s 126th consecutive quarterly dividend and underscores its 28th year of continuous dividend growth.
CEO Dian C. Taylor attributed this achievement to the company’s strategic focus on infrastructure investment and customer expansion, reflecting its commitment to shareholder value.
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