Artesian Resources Corporation

Artesian Resources Corporation

ARTNAยทNASDAQ

$32.43

+1.2%
UtilitiesRegulated Water

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.

At a Glance

Live Snapshot
Market Cap$334.82M
EPS2.2100
P/E Ratio14.67
Earnings Date08/03/2026
0.98%
Dividend Yield
-1%
3Y+96.0%
5Y+51.0%
10Y+49.0%
54.53%
Dividend Payout Ratio
-30%
3Y-24.0%
5Y-5.0%
10Y-19.0%
3Y+22.0%
5Y+35.0%
10Y+61.0%
Artesian Resources Corporation

Artesian Resources Corporation Dividend History

ARTNA ยท NASDAQ
10Y CAGR +0%
Latest $0
Annual $0
Stable dividend payments
Last Period: +0%

ARTNA Dividend Payment History

ARTNA ยท NASDAQ

Total Payments

50

Latest Dividend

$0.3200

Annual Amount

$1.5619

Frequency

Quarterly

DeclarationEx-DatePayment DateDividendAdjustedFrequencyGrowth
May 5, 2026
May 15, 2026May 29, 2026
$0.3200
$0.3200
Quarterly+1.91%
Feb 2, 2026
Feb 13, 2026Feb 25, 2026
$0.3140
$0.3140
Quarterly0.00%
Oct 30, 2025
Nov 14, 2025Nov 24, 2025
$0.3140
$0.3140
Quarterly+2.28%
Aug 4, 2025
Aug 15, 2025Aug 25, 2025
$0.3070
$0.3070
Quarterly0.00%
May 6, 2025
May 16, 2025May 27, 2025
$0.3070
$0.3070
Quarterly+1.99%
Jan 27, 2025
Feb 7, 2025Feb 21, 2025
$0.3010
$0.3010
Quarterly0.00%
Nov 4, 2024
Nov 15, 2024Nov 25, 2024
$0.3010
$0.3010
Quarterly+1.69%
Aug 5, 2024
Aug 16, 2024Aug 27, 2024
$0.2960
$0.2960
Quarterly0.00%
May 6, 2024
May 17, 2024May 28, 2024
$0.2960
$0.2960
Quarterly+2.07%
Jan 29, 2024
Feb 9, 2024Feb 23, 2024
$0.2900
$0.2900
Quarterly0.00%
Nov 6, 2023
Nov 16, 2023Nov 24, 2023
$0.2900
$0.2900
Quarterly+2.11%
Aug 7, 2023
Aug 17, 2023Aug 25, 2023
$0.2840
$0.2840
Quarterly0.00%
May 9, 2023
May 19, 2023May 26, 2023
$0.2840
$0.2840
Quarterly+2.16%
Jan 25, 2023
Feb 9, 2023Feb 23, 2023
$0.2780
$0.2780
Quarterly0.00%
Nov 3, 2022
Nov 14, 2022Nov 23, 2022
$0.2780
$0.2780
Quarterly+1.83%
Jun 23, 2022
Aug 9, 2022Aug 23, 2022
$0.2730
$0.2730
Quarterly0.00%
Apr 13, 2022
May 9, 2022May 23, 2022
$0.2730
$0.2730
Quarterly+1.87%
Jan 25, 2022
Feb 9, 2022Feb 23, 2022
$0.2680
$0.2680
Quarterly0.00%
Sep 22, 2021
Nov 8, 2021Nov 19, 2021
$0.2680
$0.2680
Quarterly+2.68%
Jun 23, 2021
Aug 9, 2021Aug 20, 2021
$0.2610
$0.2610
Quarterly0.00%
Apr 14, 2021
May 7, 2021May 21, 2021
$0.2610
$0.2610
Quarterly+1.56%
Jan 20, 2021
Feb 8, 2021Feb 22, 2021
$0.2570
$0.2570
Quarterly0.00%
Sep 25, 2020
Nov 9, 2020Nov 20, 2020
$0.2570
$0.2570
Quarterly+2.80%
Jun 24, 2020
Aug 7, 2020Aug 21, 2020
$0.2500
$0.2500
Quarterly0.00%
Apr 15, 2020
May 8, 2020May 22, 2020
$0.2500
$0.2500
Quarterly0.00%
Jan 10, 2020
Feb 7, 2020Feb 21, 2020
$0.2500
$0.2500
Quarterly0.00%
Sep 24, 2019
Nov 8, 2019Nov 22, 2019
$0.2500
$0.2500
Quarterly+1.63%
Jun 26, 2019
Aug 9, 2019Aug 23, 2019
$0.2460
$0.2460
Quarterly0.00%
Apr 3, 2019
May 10, 2019May 23, 2019
$0.2460
$0.2460
Quarterly+1.65%
Jan 23, 2019
Feb 8, 2019Feb 22, 2019
$0.2420
$0.2420
Quarterly0.00%
Sep 26, 2018
Nov 14, 2018Nov 21, 2018
$0.2420
$0.2420
Quarterly+1.26%
Jun 27, 2018
Aug 13, 2018Aug 24, 2018
$0.2390
$0.2390
Quarterly0.00%
May 2, 2018
May 14, 2018May 25, 2018
$0.2390
$0.2390
Quarterly+1.70%
Jan 17, 2018
Feb 9, 2018Feb 23, 2018
$0.2350
$0.2350
Quarterly0.00%
Nov 2, 2017
Nov 13, 2017Nov 22, 2017
$0.2350
$0.2350
Quarterly+1.29%
Aug 3, 2017
Aug 14, 2017Aug 25, 2017
$0.2320
$0.2320
Quarterly0.00%
May 4, 2017
May 15, 2017May 26, 2017
$0.2320
$0.2320
Quarterly+1.75%
Jan 12, 2017
Feb 10, 2017Feb 22, 2017
$0.2280
$0.2280
Quarterly0.00%
Sep 30, 2016
Nov 9, 2016Nov 21, 2016
$0.2280
$0.2280
Quarterly+1.33%
Jul 28, 2016
Aug 10, 2016Aug 22, 2016
$0.2250
$0.2250
Quarterly0.00%
May 5, 2016
May 16, 2016May 27, 2016
$0.2250
$0.2250
Quarterly+1.35%
Jan 28, 2016
Feb 10, 2016Feb 22, 2016
$0.2220
$0.2220
Quarterly0.00%
Sep 16, 2015
Nov 9, 2015Nov 20, 2015
$0.2220
$0.2220
Quarterly+1.83%
Jul 30, 2015
Aug 10, 2015Aug 21, 2015
$0.2180
$0.2180
Quarterly0.00%
Mar 24, 2015
May 11, 2015May 22, 2015
$0.2180
$0.2180
Quarterly+1.40%
Jan 29, 2015
Feb 11, 2015Feb 23, 2015
$0.2150
$0.2150
Quarterly0.00%
Sep 18, 2014
Nov 7, 2014Nov 21, 2014
$0.2150
$0.2150
Quarterly+1.42%
Jul 31, 2014
Aug 11, 2014Aug 22, 2014
$0.2120
$0.2120
Quarterly0.00%
Apr 7, 2014
May 12, 2014May 23, 2014
$0.2120
$0.2120
Quarterly+1.44%
Jan 22, 2014
Feb 10, 2014Feb 21, 2014
$0.2090
$0.2090
Quarterly-
artna

Artesian Resources Corporation Payout Ratio Analysis

ARTNA ยท NASDAQ
Dividends Paid
-12.68M
2025
Net Income
22.82M
2025
Payout Ratio
55.55%
2025

Dividend Sustainability Analysis

Payout Ratio
55.55%

Conservative payout with excellent safety margin. Company retains significant earnings for growth, acquisitions, or building cash reserves. Dividend is highly sustainable.

FCF Payout Ratio
-68.5%

Negative free cash flow while paying dividends is a major red flag. Company burning cash and cannot sustain dividend without external financing.

Dividend Growth
-4.2%

Dividend cut is concerning. Investigate whether due to one-time factors or fundamental business deterioration. Reassess dividend sustainability.

Sustainability
Fair

Dividend sustainability questionable. Monitor closely for signs of stress. Consider whether yield justifies the risk.