Artesian Resources Corp. announced that its board approved a 2.5 percent increase in the Class A and Class B Common shareholders’ dividend, raising the annual dividend to $0.7912 per share.
- Old Artesian corporate logo
The quarterly dividend of $0.1978 is payable on May 22, to shareholders of record at the close of business on May 9. Artesian is based near Newark and has operations in Delaware and Cecil County, Md.
Artesian has increased its dividend each year for the past 15 years. “We remain focused on delivering value to our shareholders while providing safe, reliable service to our customers,” said Dian Taylor, Chair, President and CEO of Artesian Resources. “Our ability to increase dividends, year after year, reflects the strength and stability of our business and the outstanding performance and commitment of our employees and management team.”
