Artesian Resources CORP (NASDAQ:ARTNA) reported a director sale on a Form 4 filing with the Securities and Exchange Commission: Dian C. Taylor sold 2,000 shares of Class A non-voting common stock on March 19, 2026, at $31.00 per share, for a total value of $62,000.
Following the disposition, Taylor directly holds 106,021 shares of Artesian Resources. At the time of the filing, the stock was trading around $31.60, close to a 52-week low of $30.50.
The company is valued at $326 million and trades at a price-to-earnings ratio of 13.97. Artesian Resources offers a dividend yield of 3.97%. Data tracked by InvestingPro notes that the company has increased its dividend for 33 consecutive years and, based on its metrics, the stock is assessed as fairly valued at current market levels.
In a separate corporate action, Artesian Resources Corporation’s Board of Directors declared a regular quarterly dividend of $0.3136 per share on both Class A and Class B common stock. The dividend will be payable on February 25, 2026, to shareholders of record as of February 13, 2026. That distribution equates to an annualized dividend rate of $1.2544 per share.
These items - the director sale and the dividend declaration - are the latest routine filings and announcements from the utility, which continue to provide investors with data points about insider holdings, market pricing, and the company’s approach to returning cash to shareholders.
Investors who monitor insider transactions, dividend income, or valuation metrics may find these disclosures pertinent as part of their regular review. The available metrics cited above, including market capitalization, P/E ratio, dividend yield, and the record of dividend increases, are presented as reported and assessed by third-party tracking services.
Readers should note that the filing documents the sale and the board action as reported; the filing does not provide additional commentary on motivations for the transaction or on future dividend policy beyond the declared payment and record date.