dividend-rate News

Dover, Delaware – At their meeting held today, the Board of Directors of Chesapeake Utilities Corporation (NYSE: CPK) voted to increase the quarterly cash dividend on the Company’s common stock from $0.535 per share to $0.59 per share. The Board’s action raises the 2023 annualized dividend by $0.22 from $2.14 to $2.36 per share, a 10.3 percent increase. The $0.59 per share dividend will be payable July 5, 2023 to all shareholders of record at the close of business on June 15, 2023. “In 2022, Chesapeake Utilities celebrated its 16th consecutive year of earnings growth, while navigating through the [...]

Dover, Delaware – At their meeting held today, the Board of Directors of Chesapeake Utilities Corporation (NYSE: CPK) declared a quarterly cash dividend of $0.535 per share on the Company’s common stock. The $0.535 per share dividend will be paid on April 5, 2023 to all shareholders of record at the close of business on March 15, 2023. Chesapeake has paid dividends to its shareholders without interruption for 62 years and has increased its annualized dividend every year since 2004. About Chesapeake Utilities Corporation: Chesapeake Utilities Corporation is a diversified energy de