Dover, Delaware – At their meeting held on March 2, 2011, the Board of Directors of Chesapeake Utilities Corporation (NYSE: CPK) declared a quarterly cash dividend of $0.33 per share on the Company’s common stock, representing $1.32 per share on an annualized basis. The $0.33 per share dividend will be paid April 5, 2011 to all shareholders of record at the close of business on March 14, 2011.
Chesapeake has paid a cash dividend to common stock shareholders for fifty consecutive years.
Chesapeake Utilities Corporation is a diversified utility company engaged in natural gas distribution, transmission and marketing; electric distribution; propane distribution and wholesale marketing; advanced information services and other related businesses. Information about Chesapeake Utilities Corporation and the Chesapeake family of businesses is available at https://chpk.com.
# # #
For more information, contact:
Beth W. Cooper
Senior Vice President & Chief Financial Officer