Artesian Resources raises quarterly dividend 2% to 31.36c per share

Artesian Resources (ARTNA) announced that its Board of Directors has approved a 2% increase in the quarterly common stock dividend, which will mark a 4% increase for the year. This increase will raise the quarterly dividend to 31.36c per share on the company’s Class A and Class B Common Stock payable November 24 to shareholders of record at the close of business on November 14, lifting the annualized dividend rate to $1.2544 per share.