Artesian Resources Dividend
What is Artesian Resources's current dividend yield, its reliability and sustainability?
Dividend Score
4/6Dividend 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 |
|---|
| Segment | Dividend 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
| Month | Dividend Per Share (annual) | Avg. Yield (%) |
|---|---|---|
| 1/23/2023 | 1.11 | 1.86 |
| 11/5/2022 | 1.11 | 1.99 |
| 11/4/2022 | 1.09 | 2.09 |
| 11/3/2022 | 1.09 | 2.13 |
| 6/25/2022 | 1.09 | 2.11 |
| 5/5/2022 | 1.09 | 2.34 |
| 5/3/2022 | 1.09 | 2.38 |
| 1/25/2022 | 1.07 | 2.26 |
| 9/22/2021 | 1.07 | 2.54 |
| 6/23/2021 | 1.04 | 2.73 |
| 4/14/2021 | 1.04 | 2.6 |
| 1/20/2021 | 1.03 | 2.61 |
| 9/25/2020 | 1.03 | 2.77 |
| 6/24/2020 | 1 | 2.82 |
| 4/15/2020 | 1 | 2.87 |
| 1/10/2020 | 1 | 2.74 |
| 6/26/2019 | 0.98 | 2.69 |
| 4/3/2019 | 0.98 | 2.71 |
| 1/23/2019 | 0.97 | 2.57 |
| 9/26/2018 | 0.97 | 2.72 |
| 6/27/2018 | 0.95 | 2.56 |
| 5/3/2018 | 0.95 | 2.49 |
| 1/17/2018 | 0.94 | 2.61 |
| 11/3/2017 | 0.94 | 2.4 |
| 11/2/2017 | 0.94 | 2.29 |
| 8/2/2017 | 0.93 | 2.4 |
| 5/4/2017 | 0.93 | 2.45 |
| 1/11/2017 | 0.91 | 2.75 |
| 9/29/2016 | 0.91 | 3.05 |
| 7/28/2016 | 0.9 | 3.05 |
| 5/4/2016 | 0.9 | 2.94 |
| 1/27/2016 | 0.89 | 3.18 |
| 9/15/2015 | 0.89 | 3.47 |
| 7/29/2015 | 0.87 | 3.98 |
| 3/23/2015 | 0.87 | 4.06 |
| 1/28/2015 | 0.86 | 4.01 |
| 9/17/2014 | 0.86 | 3.97 |
| 7/30/2014 | 0.85 | 4 |
| 4/4/2014 | 0.85 | 3.85 |
| 1/22/2014 | 0.84 | 3.76 |
| 9/17/2013 | 0.84 | 3.7 |
| 7/30/2013 | 0.82 | 3.69 |
| 4/26/2013 | 0.82 | 3.65 |
| 1/30/2013 | 0.81 | 3.64 |
| 9/26/2012 | 0.81 | 3.64 |
| 8/1/2012 | 0.79 | 3.55 |
| 4/25/2012 | 0.79 | 3.95 |
| 1/25/2012 | 0.77 | 4.04 |
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.