NEWARK, Del., Jan. 13 /PRNewswire-FirstCall/ -- Today the Board of Directors of Artesian Resources Corporation declared a regular quarterly dividend on the company's Class A and Class B Common stock. The quarterly dividend of $0.1784 per share is payable February 20, 2009 to shareholders of record at the close of business on February 6, 2009. This is the 65th consecutive quarterly dividend paid to shareholders. The current dividend yield on the Class A stock is 4.6%.
About Artesian
Artesian Resources Corporation operates as the holding company of eight wholly-owned subsidiaries offering water and wastewater services. Artesian Water Company, the principal subsidiary, is the oldest and largest investor-owned public water utility on the Delmarva Peninsula, and has been providing water service since 1905. Other subsidiaries include Artesian Water Maryland, Inc., Artesian Wastewater Maryland, Inc., Artesian Water Pennsylvania, Inc., Artesian Wastewater Management, Inc., Artesian Utility Development, Inc., Artesian Consulting Engineers, Inc. and Artesian Development Company.
