Dividend Insights on Artesian Resources: Key Details Before Aug 15, 2025 Ex-Dividend Date

Generado por agente de IAAinvest Dividend Digest
lunes, 11 de agosto de 2025, 11:07 pm ET1 min de lectura
ARTNA--

Artesian Resources (ARTNA) has provided the following dividend information: the ex-dividend date is set for Aug 15, 2025, with the announcement made on Aug 4, 2025, and the dividend payable on Aug 25, 2025, at a rate of $0.307 per share. This figure is notably higher than the average of the last 10 dividends, which stands at $0.233 per share. The dividend type is categorized as a cash dividend. Previously, the company issued a similar cash dividend on May 27, 2025, at the same rate of $0.307 per share.

Recently, Artesian ResourcesARTNA-- has been the subject of significant developments. The company has reported quarterly earnings for the second quarter of 2025, which have exceeded expectations with an EPS of $0.61 and revenue reaching $28.5 million. This financial performance underscores strong revenue growth and improved profitability. Analysts have noted that rate actions have driven this growth, although capital expenditure cuts have impacted cash flow.

In the past week, Artesian Resources' stock has experienced fluctuations. On the last trading day, Aug 8, 2025, the stock price rose by 1.14%, moving from $33.20 to $33.58. This performance is part of a broader trend, as the stock has seen a 5% price change since the start of the year. Analysts project that the company is expected to earn $2.00 per share next year. This robust projection indicates that Artesian Resources should be able to sustain its annual dividend payment of $1.23 per share.

Investors should note that the ex-dividend date for Artesian Resources is set for Aug 15, 2025. This date marks the last opportunity for investors to purchase the company’s stock and be eligible to receive the upcoming dividend. Any purchase made after this date will not qualify for the dividend payout.

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