Artesian Resources : Declares Common Stock Dividend

For immediate release

Artesian Resources Corporation Declares Common Stock Dividend

Newark, DE, January 10, 2020 - Artesian Resources Corporation (NASDAQ: ARTNA) announced today that its Board of Directors has declared a regular quarterly dividend on the company's Class A and Class B Common Stock. The quarterly dividend of $0.2496 is payable February 21, 2020 to shareholders of record at the close of business on February 7, 2020.

This is the 109th consecutive quarterly dividend paid to shareholders.

About Artesian Resources

Artesian Resources Corporation operates as a holding company of wholly-owned subsidiaries offering water and wastewater services, and related services, on the Delmarva Peninsula. Artesian Water Company, the principal subsidiary, is the oldest and largest regulated water utility on the Delmarva Peninsula and has been providing water service since 1905. Artesian supplies 7.9 billion gallons of water per year through 1,311 miles of water main to nearly a third of Delaware residents.

Contact:

Nicki Taylor

Investor Relations

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