Artesian Resources Corporation·Utilities

NEWARK, Del., May 05, 2026 (GLOBE NEWSWIRE) -- Artesian Resources Corporation (Nasdaq: ARTNA), a leading provider on the Delmarva Peninsula of water and wastewater services, and several other related business services, today announced earnings results for the first quarter of 2026.

NEWARK, Del. , May 05, 2026 (GLOBE NEWSWIRE) -- Artesian Resources Corporation (Nasdaq: ARTNA) announced 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.

NEWARK, Del., May 05, 2026 (GLOBE NEWSWIRE) -- Artesian Resources Corporation (Nasdaq: ARTNA) announced 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 $1.2796 per share. The quarterly dividend rate of $0.3199 per share is payable May 29, 2026 to shareholders of record at the close of business on May 15, 2026.

NEWARK, Del., April 14, 2026 (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 2025 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 2025 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).

Artesian Resources Corporation (NASDAQ: ARTNA - Get Free Report) was the recipient of a significant decrease in short interest in the month of March. As of March 31st, there was short interest totaling 62,041 shares, a decrease of 56.0% from the March 15th total of 140,879 shares. Approximately 0.8% of the shares of the company are

Artesian Resources remains a buy, backed by robust infrastructure investment and a favorable pending rate case with Delaware regulators. ARTNA's shares trade at a 22% discount to fair value, with a forward P/E of 15.5 versus a justified 20, offering compelling upside. Temporary EPS headwinds in 2026 are expected to reverse, with a projected 10% rebound in 2027 as new assets earn regulated returns.
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, 2021, it served approximately 91,700 customers in Delaware, 2,500 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.
Utilities
Regulated Water
245
1994-04-28
0.32