Tuesday Is Your Last Chance To Buy Artesian Resources Before The Dividend Payout
Portfolio Pulse from Benzinga Insights
Artesian Resources (NASDAQ:ARTNA) announced a quarterly dividend of 28.97 cents per share, with Tuesday being the last day for investors to buy shares and be eligible for the dividend. The stock will go ex-dividend on Wednesday, likely opening 28.97 cents lower to reflect the payout. The dividend is scheduled to be paid on November 24, 2023.
November 10, 2023 | 2:45 pm
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Artesian Resources announced a quarterly dividend of 28.97 cents per share. The stock will likely open lower on the ex-dividend date to reflect the dividend payout.
While the announcement of a dividend is generally positive, the stock price is expected to adjust down by the amount of the dividend on the ex-dividend date, which is a normal market reaction and does not indicate a change in the company's fundamentals.
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