Artesian Resources Corporation

NasdaqGS:ARTN.A Stock Report

Mkt Cap: US$563.3m

Artesian Resources Dividend

What is Artesian Resources's current dividend yield, its reliability and sustainability?

Dividend Score

4/6

Dividend Score 4/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage


1.86%

Current Dividend Yield

Dividend Yield vs Market

Artesian Resources Dividend Yield vs Market
How does ARTN.A dividend yield compare to the market?
SegmentDividend Yield
Company (ARTN.A)1.9%
Market Bottom 25% (US)1.5%
Market Top 25% (US)4.3%
Industry Average (Water Utilities)1.9%
Analyst forecast in 3 Years (ARTN.A)n/a

Notable Dividend: ARTN.A's dividend (1.83%) is higher than the bottom 25% of dividend payers in the US market (1.54%).

High Dividend: ARTN.A's dividend (1.83%) is low compared to the top 25% of dividend payers in the US market (4.28%).


Stability and Growth of Payments

How stable has Artesian Resources's dividend per share been in the past?
MonthDividend Per Share (annual)Avg. Yield (%)
1/23/20231.111.86
11/5/20221.111.99
11/4/20221.092.09
11/3/20221.092.13
6/25/20221.092.11
5/5/20221.092.34
5/3/20221.092.38
1/25/20221.072.26
9/22/20211.072.54
6/23/20211.042.73
4/14/20211.042.6
1/20/20211.032.61
9/25/20201.032.77
6/24/202012.82
4/15/202012.87
1/10/202012.74
6/26/20190.982.69
4/3/20190.982.71
1/23/20190.972.57
9/26/20180.972.72
6/27/20180.952.56
5/3/20180.952.49
1/17/20180.942.61
11/3/20170.942.4
11/2/20170.942.29
8/2/20170.932.4
5/4/20170.932.45
1/11/20170.912.75
9/29/20160.913.05
7/28/20160.93.05
5/4/20160.92.94
1/27/20160.893.18
9/15/20150.893.47
7/29/20150.873.98
3/23/20150.874.06
1/28/20150.864.01
9/17/20140.863.97
7/30/20140.854
4/4/20140.853.85
1/22/20140.843.76
9/17/20130.843.7
7/30/20130.823.69
4/26/20130.823.65
1/30/20130.813.64
9/26/20120.813.64
8/1/20120.793.55
4/25/20120.793.95
1/25/20120.774.04

Stable Dividend: ARTN.A's dividends per share have been stable in the past 10 years.

Growing Dividend: ARTN.A's dividend payments have increased over the past 10 years.


Earnings Payout to Shareholders

Earnings Coverage: With its reasonable payout ratio (54.5%), ARTN.A's dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: ARTN.A is paying a dividend but the company has no free cash flows.


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