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Artesian Resources (Artesian Resources) Dividends per Share : $1.14 (TTM As of Dec. 2023)


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What is Artesian Resources Dividends per Share?

Artesian Resources's dividends per share for the three months ended in Dec. 2023 was $0.29. Its dividends per share for the trailing twelve months (TTM) ended in Dec. 2023 was $1.14. Its Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.91. As of today, Artesian Resources's Dividend Yield % is 3.33%.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Artesian Resources Corp is 0.75, which seems too high.

Good Sign:

Artesian Resources Corp stock dividend yield is close to 5-year high.

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. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

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.

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


Artesian Resources Dividends per Share Historical Data

The historical data trend for Artesian Resources's Dividends per Share can be seen below:

* 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.

* Premium members only.

Artesian Resources Dividends per Share Chart

Artesian Resources Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividends per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.98 1.01 1.05 1.09 1.14

Artesian Resources Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Dividends per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.28 0.28 0.28 0.28 0.29

Competitive Comparison of Artesian Resources's Dividends per Share

For the Utilities - Regulated Water subindustry, Artesian Resources's Dividend Yield %, along with its competitors' market caps and 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's Dividend Yield % Distribution in the Utilities - Regulated Industry

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

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



Artesian Resources Dividends per Share Calculation

Dividends paid to per common share.


Artesian Resources  (NAS:ARTNA) Dividends per Share Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Artesian Resources's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0.29/ 0.318
=0.91

During the past 13 years, the highest Dividend Payout Ratio of Artesian Resources was 0.81. The lowest was 0.59. And the median was 0.64.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Artesian Resources Corp is 0.75, which seems too high.

2. 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 Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=1.148/34.50
=3.33 %

Current Share Price is $34.50.
Artesian Resources's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.148.

During the past 13 years, the highest Dividend Yield of Artesian Resources was 4.17%. The lowest was 1.77%. And the median was 2.69%.

Good Sign:

Artesian Resources Corp stock dividend yield is close to 5-year high.

* 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 Dividends per Share Related Terms

Thank you for viewing the detailed overview of Artesian Resources's Dividends per Share 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.
Executives
Nicholle Renee Taylor director, officer: Director / Vice President 664 CHURCHMANS ROAD, NEWARK DE 19702
John M Thaeder officer: Senior VP of Operations
Emerson Courtney A officer: Gen Counsel & Asst Secretary 107 DODGE DRIVE, SMYRNA DE 19977
Dian C Taylor director, officer: C.E.O. President
Kenneth R Biederman director
Raymond T. Kelly officer: VP of Information Technology 15 GABRIELLE CIRCLE, SWEDESBORO NJ 08085
Daniel Konstanski officer: Vice President of Engineering 607 S CLAYTON STREET, WILMINGTON DE 19805
Eisenbrey John R Jr director
Pierre A Anderson officer: VP of Information Technology 664 CHURCHMANS ROAD, NEWARK DE 19702
William C Wyer director
Michael Houghton director 212 CLOVER DRIVE, HOCKESSIN DE 19707
Karl G. Randall officer: Asst Secretary and Gen Counsel 664 CHURCHMANS ROAD, NEWARK DE 19702
Schreppler John J Ii officer: VP and General Counsel
Joseph A Dinunzio officer: Exec VP / Corp Secretary 664 CHURCHMANS ROAD, NEWARK DE 19702
David B Spacht officer: CFO and Treasurer

Artesian Resources (Artesian Resources) Headlines