Artesian Resources Corporation this week celebrated its 20th year anniversary of trading stock on the NASDAQ Global Market by ringing the closing bell.
Dian C. Taylor, CEO, along with members of the Taylor family and Artesian’s management team, traveled to New York at NASDAQ’s invitation to commemorate the occasion.
“We are so honored to be here today to ring the closing bell on the occasion of our 20th year anniversary. Our listing on the NASDAQ National Market has significantly broadened our exposure to the investment community and has been an important part of our continued success. We are proud of Artesian’s considerable growth over the past twenty years, and even more proud of the returns earned by those who have invested in us,” said Taylor.
Artesian Resources’ stock has increased by about 335 percent over the past 20 years and shareholders who participated in the company’s dividend reinvestment program have realized a total return, including the quarterly reinvestment of their dividends, of over 825 percent.. Artesian closed at $28.87 at the end of the trading day on May 24, 2016.
Artesian remains under the control of the founding Taylor family, although shares are publicly traded.
