Dividend income advisory for ARTNA
Dividend Yield for ARTNA
The expected yield for ARTNA is 2.67 %, this seems a healthy dividend return and if Artesian Resources Corp. is also cheaply priced, and has a low debt to equity ratio and if Artesian Resources Corp. makes a good profit.
How is ARTNA priced
ARTNA has a trailing price to earnings ratio (P/E) of 23.1. The ratio is determined by the performance in the last 12 months. The P/E of ARTNA is at the high side, this mostly means the asset is valued to account for future revenue of profits of Artesian Resources Corp..
Debt to equity of ARTNA
With the Debt To Equity rate of ARTNA (0.87) we can conclude that Artesian Resources Corp. does not seem to have more liabilities than equity provided by the shareholders. A lower D/E ratio stands for a less risky investment.
Price Prediction for ARTNA
On average analists predict that ARTNA will be correctly priced after a 14%. change. We can expect some long term capital gains.
Upcoming Dividends for ARTNA
No Upcoming dividends declared.
Dividends in past 12 months ARTNA
||Ex Dividend Date
Historical Dividends & Cap Growth for ARTNA
Past 5 Year Capital Gains 66.13 %
Dividend yield 20.92 %
Growth including dividends 87.05%