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Ex-Div Reminder for Artesian Resources (ARTNA)
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Ex-Div Reminder for Artesian Resources (ARTNA)

By Dividend Channel Staff, Tuesday, May 16, 1:21 PM ET
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On 5/18/23, Artesian Resources Corp. (NASDAQ:ARTNA) will trade ex-dividend, for its quarterly dividend of $0.284, payable on 5/26/23. As a percentage of ARTNA's recent stock price of $54.72, this dividend works out to approximately 0.52%, so look for shares of Artesian Resources Corp. to trade 0.52% lower — all else being equal — when ARTNA shares open for trading on 5/18/23.

Below is a dividend history chart for ARTNA, showing historical dividends prior to the most recent $0.284 declared by Artesian Resources Corp.:

In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from ARTNA is likely to continue, and whether the current estimated yield of 2.08% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of ARTNA shares, versus its 200 day moving average:

Artesian Resources Corp. 200 Day Moving Average Chart

Looking at the chart above, ARTNA's low point in its 52 week range is $44.08 per share, with $63 as the 52 week high point — that compares with a last trade of $54.72.


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In Tuesday trading, Artesian Resources Corp. shares are currently off about 0.6% on the day.


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