@kewur 7 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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