
Artesian Resources Corporation
ARTNBUtilities · Utilities - Regulated Water · Stock · quarterly payer
Forward Yield
3.76%
Annual Dividend
$1.28
Payout Ratio
55%
5-Yr Growth
4.1%
Ex-Date
Aug 17, 2026
Frequency
Quarterly
Key facts about ARTNB's dividend
Data as of · Source: SmarterDividends data
- As of Oct 18, 2026, Artesian Resources Corporation (ARTNB) has a forward dividend yield of 3.76%, based on an annual dividend of $1.28 per share and a share price of $34.01.
- As of Oct 18, 2026, ARTNB's dividend safety grade from SmarterDividends is A (83 out of 100), which rates the dividend as very safe.
- By SmarterDividends' count, Artesian Resources Corporation (ARTNB) has raised its dividend for 12 consecutive years as of Oct 18, 2026.
- ARTNB has never cut its regular dividend in the payment history SmarterDividends has on record.
- ARTNB's most recent ex-dividend date was Aug 17, 2026, for a dividend of $0.32 per share.
- As of Oct 18, 2026, ARTNB pays out 55% of its trailing 12-month earnings as dividends (its payout ratio).
- ARTNB's dividend has grown at an average rate of 4.1% a year over the past five years.
- As of Oct 18, 2026, ARTNB's 3.76% yield is 31% above its five-year average yield of 2.86%.
- As of Oct 18, 2026, SmarterDividends' blended fair-value estimate for ARTNB is $30.29 per share, 11% below the $34.01 share price, so ARTNB screens as fairly valued.
- Artesian Resources Corporation (ARTNB) pays its dividend quarterly, 4 times a year.
- Artesian Resources Corporation (ARTNB) has raised its regular dividend 26 times and cut it 0 times across the 55 payments on record since 2013. Its most recent change was a 1.9% increase to $0.320 per share, going ex-dividend on May 15, 2026.
Cite this page
SmarterDividends, "ARTNB Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 18, 2026, https://smarterdividends.com/stocks/ARTNB
Summary
As of Oct 18, 2026, Artesian Resources Corporation (ARTNB) yields 3.76% ($1.28 a year per share), has a dividend safety grade of A (83/100) and has 12 consecutive years of dividend increases on record.
Is ARTNB a good dividend stock?
YesArtesian Resources Corporation (ARTNB) pays a quarterly dividend yielding 3.76% ($1.28/yr), with 12 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.
Advantages
- 12 consecutive years of dividend growth
- Never cut its dividend on record
- Comfortable payout ratio (55%)
- Top-tier dividend safety score
Risks
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 3.76%
- Payout Ratio
- 55%
- Annual Dividend
- $1.28
- 5-Yr Avg Growth
- 4.1%
- Ex-Dividend Date
- Aug 17, 2026
- Years of Growth
- 12
- Frequency
- quarterly
- Beta
- 0.33
- Market Cap
- $351.2M
- P/E Ratio
- 14.9
- 5-Yr Total Return
- -23%
- 52-Week Range
- $33.51 – $39.99
- Dividend Safety
- A · 83/100
- Ever Cut?
- No
ARTNB dividend raises and cuts
Artesian Resources Corporation (ARTNB) has raised its regular dividend 26 times and cut it 0 times across the 55 payments on record since 2013. Its most recent change was a 1.9% increase to $0.320 per share, going ex-dividend on May 15, 2026.
| Ex-date | Change | Old → new | Move |
|---|---|---|---|
| May 15, 2026 | Raise | $0.314 → $0.320 | +1.9% |
| Nov 14, 2025 | Raise | $0.307 → $0.314 | +2.3% |
| May 16, 2025 | Raise | $0.301 → $0.307 | +2.0% |
| Nov 15, 2024 | Raise | $0.296 → $0.301 | +1.7% |
| May 16, 2024 | Raise | $0.290 → $0.296 | +2.1% |
| Nov 15, 2023 | Raise | $0.284 → $0.290 | +2.1% |
| May 18, 2023 | Raise | $0.278 → $0.284 | +2.2% |
| Nov 10, 2022 | Raise | $0.273 → $0.278 | +1.8% |
| May 6, 2022 | Raise | $0.268 → $0.273 | +1.9% |
| Nov 5, 2021 | Raise | $0.261 → $0.268 | +2.7% |
| May 6, 2021 | Raise | $0.257 → $0.261 | +1.6% |
| Nov 6, 2020 | Raise | $0.250 → $0.257 | +2.8% |
Show all 26 changes since 2013
| Ex-date | Change | Old → new | Move |
|---|---|---|---|
| Nov 7, 2019 | Raise | $0.246 → $0.250 | +1.6% |
| May 9, 2019 | Raise | $0.242 → $0.246 | +1.7% |
| Nov 13, 2018 | Raise | $0.239 → $0.242 | +1.3% |
| May 11, 2018 | Raise | $0.235 → $0.239 | +1.7% |
| Nov 10, 2017 | Raise | $0.232 → $0.235 | +1.3% |
| May 11, 2017 | Raise | $0.228 → $0.232 | +1.8% |
| Nov 7, 2016 | Raise | $0.225 → $0.228 | +1.3% |
| May 12, 2016 | Raise | $0.222 → $0.225 | +1.4% |
| Nov 5, 2015 | Raise | $0.218 → $0.222 | +1.8% |
| May 7, 2015 | Raise | $0.215 → $0.218 | +1.4% |
| Nov 5, 2014 | Raise | $0.212 → $0.215 | +1.4% |
| May 8, 2014 | Raise | $0.209 → $0.212 | +1.4% |
| Nov 6, 2013 | Raise | $0.206 → $0.209 | +1.5% |
| May 8, 2013 | Raise | $0.203 → $0.206 | +1.5% |
Frequently Asked Questions
Is ARTNB a good dividend stock?
Yes. Artesian Resources Corporation (ARTNB) pays a quarterly dividend yielding 3.76% ($1.28/yr), with 12 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.
Is ARTNB undervalued?
Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, ARTNB's fair value is about $30.29 versus a $34.01 share price — so it looks fairly valued (-11% vs. fair value).
Is ARTNB's dividend safe?
ARTNB has a dividend-safety grade of A (83/100), based on its payout coverage, free-cash-flow, 12-year growth streak, a clean no-cut history, debt and yield-versus-history.
What is ARTNB's fair value?
Our blended fair-value estimate for ARTNB is about $30.29 per share, about 11% below the current $34.01 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.
Is ARTNB a buy, hold, or sell?
We don't issue formal ratings, but on the data ARTNB screens as "yes" and fairly valued. Artesian Resources Corporation (ARTNB) pays a quarterly dividend yielding 3.76% ($1.28/yr), with 12 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding. This is research for your own analysis, not investment advice.
Will ARTNB cut its dividend?
ARTNB earns a dividend-safety grade of A (83/100), with no dividend cut on record. A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.
Does ARTNB pay a dividend?
Yes. Artesian Resources Corporation pays a quarterly dividend of about $1.28 per share annually, a forward yield of roughly 3.76%.
What is ARTNB's dividend yield?
As of Oct 18, 2026, ARTNB's forward dividend yield is 3.76%, based on a $1.28 annual dividend and a $34.01 share price.
What is ARTNB's dividend per share?
As of Oct 18, 2026, ARTNB pays $1.28 per share per year, distributed on a quarterly basis.
What is ARTNB's dividend payout ratio?
As of Oct 18, 2026, ARTNB's payout ratio is 55% of trailing 12-month earnings — a comfortable level that leaves room to keep raising the dividend.
How many years has ARTNB grown its dividend?
As of Oct 18, 2026, ARTNB has increased its dividend for 12 consecutive years.
When is the next ARTNB ex-dividend date?
As of Oct 18, 2026, ARTNB's next ex-dividend date hasn't been announced. The most recent was Aug 17, 2026, for $0.32 per share.
ARTNB Price — Last 12 Months
Daily close
Price Return
1 Year
+1%
3 Years
-15%
5 Years
-23%
52-Week Range
$33.51 – $39.99
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is ARTNB worth?
Fairly valuedmedium confidenceOur blended fair-value estimate for Artesian Resources Corporation is $30.29 per share, versus a market price of $34.01. That implies the stock is roughly fairly priced.
Fair Value
$30.29
Current Price
$34.01
Gap
-11%
Margin of Safety
-12%
How we get there
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about 40.0% annual free-cash-flow growth. We model 4.1% — so the price already assumes faster growth than we think is likely.
Assumptions: 8.0% discount rate (CAPM), 4.1% growth for five years fading to 2.5% over the next five, $2.29 EPS, $1.28 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
ARTNB Dividend Safety Score
Very Safe
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
Full ARTNB dividend history →| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Aug 17, 2026 | Aug 28, 2026 | $0.3200 | regular |
| May 15, 2026 | May 29, 2026 | $0.3200 | regular |
| Feb 13, 2026 | Feb 25, 2026 | $0.3140 | regular |
| Nov 14, 2025 | Nov 24, 2025 | $0.3140 | regular |
| Aug 15, 2025 | Aug 25, 2025 | $0.3070 | regular |
| May 16, 2025 | May 27, 2025 | $0.3070 | regular |
| Feb 7, 2025 | Feb 21, 2025 | $0.3010 | regular |
| Nov 15, 2024 | Nov 25, 2024 | $0.3010 | regular |
| Aug 16, 2024 | Aug 27, 2024 | $0.2960 | regular |
| May 16, 2024 | May 28, 2024 | $0.2960 | regular |
| Feb 8, 2024 | Feb 23, 2024 | $0.2900 | regular |
| Nov 15, 2023 | Nov 24, 2023 | $0.2900 | regular |
| Aug 16, 2023 | Aug 25, 2023 | $0.2840 | regular |
| May 18, 2023 | May 26, 2023 | $0.2840 | regular |
Income Calculator
At $1.28 / yr per share
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