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Artesian Resources (Artesian Resources) Forward Dividend Yield %

: 3.38% (As of Today)
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As of today (2024-04-19), the Forward Annual Dividend Yield of Artesian Resources is 3.38%.

As of today (2024-04-19), the Trailing Annual Dividend Yield of Artesian Resources is 3.35%.

ARTNB's Forward Dividend Yield % is ranked worse than
62.97% of 424 companies
in the Utilities - Regulated industry
Industry Median: 4.245 vs ARTNB: 3.38

Artesian Resources's Dividends per Share for the three months ended in Dec. 2023 was $0.29.

During the past 12 months, Artesian Resources's average Dividends Per Share Growth Rate was 4.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 4.10% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 3.60% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 3.20% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Artesian Resources was 15.50% per year. The lowest was 2.60% per year. And the median was 3.55% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison

For the Utilities - Regulated Water subindustry, Artesian Resources's Forward Dividend Yield %, along with its competitors' market caps and Forward Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Artesian Resources Forward Dividend Yield % Distribution

For the Utilities - Regulated industry and Utilities sector, Artesian Resources's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Artesian Resources's Forward Dividend Yield % falls into.



Artesian Resources Forward Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Artesian Resources Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.2902024-02-082024-02-092024-02-23Cash DividendquarterlyUSD:USD 1.000000
USD 0.2902023-11-152023-11-162023-11-24Cash DividendquarterlyUSD:USD 1.000000
USD 0.2842023-08-162023-08-172023-08-25Cash DividendquarterlyUSD:USD 1.000000
USD 0.2842023-05-182023-05-192023-05-26Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Artesian Resources's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=1.16/34.26
=3.39 %

Current Share Price is $34.26.
Artesian Resources's Dividends per Share for the forward twelve months is calculated as $0.29 * 4 = $1.16.

Artesian Resources's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=1.148/34.26
=3.35 %

Current Share Price is $34.26.
Artesian Resources's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.148.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Artesian Resources  (OTCPK:ARTNB) Forward Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Artesian Resources Forward Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Artesian Resources's Forward Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


Artesian Resources (Artesian Resources) Business Description

Traded in Other Exchanges
Address
664 Churchmans Road, Newark, DE, USA, 19702
Artesian Resources Corp operates as the holding company of eight wholly-owned subsidiaries offering water, wastewater, and other services on the Delmarva Peninsula. It distributes and sells water, including water for public and private fire protection, to residential, commercial, industrial, municipal, and utility customers in the states of Delaware, Maryland, and Pennsylvania. The company is focusing on a wide spectrum of activities, which include identifying new and dependable sources of water supply; developing wells, treatment plants and delivery systems to get water to customers.