Collect Steady Income With Artesian Resources

8.8 billion gallons of water. 301,000 customers. 28 years of uninterrupted dividend growth… And zero mainstream investor interest.

The company in question is Artesian Resources Corporation ($ARTNA), a small-cap water utility that’s been rewarding investors with decades of dependable dividend growth.

Like many utility companies, Artesian Resources was trading at a premium valuation until interest rates rose.

Since then, Artesian Resources has fallen to a multiyear low.

And the business is now offering a starting dividend of 3.13%.

In this article, we’ll look at Artesian Resources' dividend safety, and capital appreciation potential, to determine whether or not this company is a good buy-and-hold investment.

What Does Artesian Resources Corporation Do?

Artesian Resources began to serve customers in small communities in northern Delaware more than 115 years ago. Our mission then was the same as it is now: to provide the best quality water, environmentally friendly wastewater solutions and the best customer service.