@kewur 10 months ago
Artesian Resources (ARTNA) sees dividend growth and stable yield compared to sector
Artesian Resources (ARTNA) sees dividend growth and stable yield compared to sector
Artesian Resources (ARTNA), a water utility in Newark, has raised its annual dividend for 5 consecutive years, averaging 4.18% annual growth. Its dividend yield is currently 3.62%, above the industry and S&P 500 average. The company pays out 57% of its earnings as dividends. For 2025, they're expecting 9.09% earnings growth. While high-yielding stocks may face challenges if rates rise, ARTNA looks relatively stable for income-focused investors but is ranked a Hold by Zacks.
finance.yahoo.com
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