By Roshan Fernandez
Artesian Resources has raised its quarterly dividend by about 2%.
The water and wastewater services company said its dividend is now 30.74 cents a share, up from 30.14 cents a share.
The new payout, equal to $1.23 a year, represents an annual yield of about 3.5% based on Tuesday's closing price of $34.98.
Last year, the company raised its quarterly dividend by 2% in November, and by another 2% in May.
Write to Roshan Fernandez at roshan.fernandez@wsj.com
(END) Dow Jones Newswires
May 06, 2025 17:47 ET (21:47 GMT)
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