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Artesian Resources Corporation Rings Closing Bell at NASDAQ Headquarters
05/24/2016 | 10:35pm CEST
NEWARK, Del., May 24, 2016 (GLOBE NEWSWIRE) -- Artesian Resources Corporation (NASDAQ:ARTNA), a leading provider of water, wastewater services and related services on the Delmarva Peninsula, celebrated today its 20th year anniversary of trading stock on the NASDAQ Global Market by ringing the closing bell. Dian C. Taylor, Chair, President and CEO, along with members of the Taylor family and Artesian’s management team, traveled to New York at NASDAQ’s invitation to commemorate the occasion.
“We are so honored to be here today to ring the closing bell on the occasion of our 20th year anniversary. Our listing on the NASDAQ National Market has significantly broadened our exposure to the investment community and has been an important part of our continued success. We are proud of Artesian’s considerable growth over the past twenty years, and even more proud of the returns earned by those who have invested in us,” said Taylor.
Artesian Resources’ stock has increased by about 335% over the past 20 years and shareholders who participated in the company’s dividend reinvestment program have realized a total return, including the quarterly reinvestment of their dividends, of over 825%. Artesian closed at $28.87 at the end of the trading day on May 24, 2016.
About Artesian Resources Artesian Resources Corporation operates as a holding company of wholly-owned subsidiaries offering water, wastewater services and related services on the Delmarva Peninsula. Artesian Water Company, the principal subsidiary, is the oldest and largest investor-owned water utility on the Delmarva Peninsula and has been providing water service since 1905. Artesian supplies 7.6 billion gallons of water per year through 1,218 miles of water main to about 301,000 people.