Artesian Resources: A Small-Cap Water Utility For Consistent Dividend Growth
Artesian Resources(ARTNA) Seeking Alpha·2024-09-03 21:32
imantsu Artesian Resources (NASDAQ:ARTNA) is a small water utility with decent growth potential. Also, it is a regulated monopoly. Hence, it can generate slow and steady growth, translating to consistent dividend growth. Currently, the share price has fallen substantially, but it is poised for future growth. The stock is undervalued, the yield is the highest in many years, and safety is acceptable. The company is also a Dividend Champion. I view Artesian Resources as a long-term buy for dividend growth ...