Artesian Resources's latest quarterly cash dividend of $0.284 per share was issued to shareholders on record before May 18, 2023. The dividend distribution stands at $1.11 per share annually, which comes to a dividend yield of 2.27%. The latest ARTNA dividend of $0.284 is an increase from the previous $0.278 payout, representing a growth of 2%.
Artesian Resources's dividend yield of 2.27% is higher than the industry and its peers average but lower than the Utilities sector average. In comparison with the Utilities sector average of 3.33%, Artesian Resources's dividend yield is 32% lower. The historical 5-year average of ARTNA's dividend yield is 2.5%, which is higher than the current one.
Artesian Resources has been paying dividends for the last 27 years. Our records show that ARTNA has distributed four quarterly dividends in the past year. The annualized dividend per share has increased by 4.1% since twelve months ago. And with the price of the stock down by 0.2% from a year ago, the dividend yield has increased by 4.1%.
Ex-date | Payment date | Declared on | Amount | Type |
---|---|---|---|---|
May 18, 2023 | May 26, 2023 | May 9, 2023 | $0.284 | normal |
Feb 8, 2023 | Feb 23, 2023 | Jan 25, 2023 | $0.278 | normal |
Nov 10, 2022 | Nov 23, 2022 | Nov 3, 2022 | $0.278 | normal |
Aug 8, 2022 | Aug 23, 2022 | Jun 23, 2022 | $0.273 | normal |
May 6, 2022 | May 23, 2022 | Apr 13, 2022 | $0.273 | normal |
Feb 8, 2022 | Feb 23, 2022 | Jan 25, 2022 | $0.268 | normal |
Nov 5, 2021 | Nov 19, 2021 | Sep 22, 2021 | $0.268 | normal |
Aug 6, 2021 | Aug 20, 2021 | Jun 23, 2021 | $0.261 | normal |
May 6, 2021 | May 21, 2021 | Apr 14, 2021 | $0.261 | normal |
Feb 5, 2021 | Feb 22, 2021 | Jan 20, 2021 | $0.257 | normal |
Nov 6, 2020 | Nov 20, 2020 | Sep 25, 2020 | $0.257 | normal |
Aug 6, 2020 | Aug 21, 2020 | Jun 24, 2020 | $0.25 | normal |
May 7, 2020 | May 22, 2020 | Apr 15, 2020 | $0.25 | normal |
Feb 6, 2020 | Feb 21, 2020 | Jan 10, 2020 | $0.25 | normal |
Nov 7, 2019 | Nov 22, 2019 | Sep 24, 2019 | $0.25 | normal |
Aug 8, 2019 | Aug 23, 2019 | Jun 26, 2019 | $0.246 | normal |
May 9, 2019 | May 23, 2019 | Apr 3, 2019 | $0.246 | normal |
Feb 7, 2019 | Feb 22, 2019 | Jan 23, 2019 | $0.242 | normal |
Nov 13, 2018 | Nov 21, 2018 | Sep 26, 2018 | $0.242 | normal |
Aug 10, 2018 | Aug 24, 2018 | Jun 27, 2018 | $0.239 | normal |
May 11, 2018 | May 25, 2018 | May 2, 2018 | $0.239 | normal |
Feb 8, 2018 | Feb 23, 2018 | Jan 17, 2018 | $0.235 | normal |
Nov 10, 2017 | Nov 22, 2017 | Nov 2, 2017 | $0.235 | normal |
Aug 10, 2017 | Aug 25, 2017 | Aug 2, 2017 | $0.232 | normal |
May 11, 2017 | May 26, 2017 | May 4, 2017 | $0.232 | normal |
Feb 8, 2017 | Feb 22, 2017 | Jan 11, 2017 | $0.228 | normal |
Nov 7, 2016 | Nov 21, 2016 | Sep 29, 2016 | $0.228 | normal |
Aug 8, 2016 | Aug 22, 2016 | Jul 27, 2016 | $0.225 | normal |
May 12, 2016 | May 27, 2016 | May 4, 2016 | $0.225 | normal |
Artesian Resources's payout ratio of 61.5% is above its peers average but below the Utilities sector and the industry average. In comparison with its Utilities sector average of 65.6%, Artesian Resources's payout ratio is 6% lower.
Name | Dividend yield | DPS | Payout ratio |
---|---|---|---|
ARTNA Artesian Resources Corp | 2.27% | $1.11 | 61.5% |
SJW Sjw Group | 1.94% | $1.48 | 55% |
YORW York Water Co | 1.87% | $0.8 | 58% |
AWK American Water Works Company Inc | 1.86% | $2.67 | 58.7% |
CWT California Water Service Group | 1.79% | $1.02 | 75.6% |
AWR American States Water Co | 1.77% | $1.59 | 59.6% |
Yes, Artesian Resources has paid four dividends in the last twelve months. ARTNA has been paying dividends since 1996.
At this point we don't have a record of ARTNA's next dividend date, but based on the current dividend schedule we project that it will likely be in August 2023.
Artesian Resources's last dividend ex-date was on May 18, 2023. The dividend amount was $0.284 per share.
On an annual basis ARTNA pays $1.11 per share.
Artesian Resources's current dividend yield is 2.27%.
Artesian Resources has a quarterly dividend frequency.
The dividend payout ratio of Artesian Resources is 61.5%.
Artesian Resources's dividend yield is lower than the Utilities sector average.