Artesian Resources Corporation - Class A Non-Voting (ARTNA) Dividends

Artesian Resources Corporation - Class A Non-Voting (ARTNA)

Today's Latest Price: $36.34 USD

0.38 (-1.03%)

Updated Oct 23 6:55pm

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Overall POWR Rating


POWR Components:

 Trade Grade  Buy & Hold Grade  Peer Grade  Industry Rank


Industry Rank:

Ranked of 13 in Water

See all "A" rated Strong Buy stocks

Dividend Yield and Dividend History Highlights

  • If price volatilty is something you're paying attention to when building your dividend portfolio, know that ARTNA has less fluctuation in its price than 99.39% of stocks we're observing.
  • To help you reduce price risk in your dividend portfolio, here are the dividend stocks that are least correlated with ARTNA's price: CLCT, MACK, UMC, DLR and VLGEA.
ARTNA Ex-Dividend Date
ARTNA Dividend Yield
2.75%
ARTNA Annual Dividend
$1.00
ARTNA Payout Ratio

ARTNA Price Forecast Based on Dividend Discount Model

Current PriceDDM Fair Value Target: Forecasted Gain:
$36.34$75.93 107.58%

The Dividend Discount Model (DDM) is a valuation model that attempts to determine a fair share price for a stock, based on the dividend it provides in comparison to several company-specific metrics indicative of the riskiness of the stock and the financial health of the company. In the case of ARTNA, the DDM model generated by StockNews estimates a return of positive 107.58% in comparison to its current price. Some interesting points we thought investors may wish to consider regarding the dividend discount model forecast for Artesian Resources Corp are:

  • In comparison to other US listed dividend yielding stocks in the Utilities sector, the expected return of 107.58%, based on the stock's current share price and target price based on a dividend discount model, is greater than 91.18% of the DDM-forecasted return of its its sector peers.
  • Compared to all dividend issuing stocks in our set, ARTNA has a discount rate lower than 91.18% of them (a lower discount rate is associated with lower risk).
  • Beta tells us how volatile a stock's price is relative to the broader equity index; as for ARTNA, approximately 94.99% of US-listed dividend issuers had a higher beta, and thus may have greater price volatility.
  • As other dividend issuers in the Utilities sector, Artesian Resources Corp has an equity discount rate lower than 98.53% of them.

ARTNA Dividend Chart


ARTNA Dividend History

Ex-Dividend Date Type Payout Amount Change
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