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Home|Investors|Dividend Information|Dividend Information Dividend Reinvestment / Direct Stock Purchase Plan (DR/DSPP) & Waiver

Dividend Reinvestment / Direct Stock Purchase Plan (DR/DSPP) & Waiver

Dividend Reinvestment And Direct Stock Purchase Plan

Key Features of the Plan:

  • Dividends on shares of our common stock held through the Plan and shares registered in the name of a participant can be fully reinvested or partially reinvested in additional shares of our common stock.
  • Plan participants may have cash dividends that are not reinvested, deposited directly into a designated account with a U.S. bank or other approved financial institution.
  • Plan participants and registered Chesapeake Utilities stockholders who are not Plan participants may purchase additional shares of our common stock by making optional cash investments through the Direct Stock Purchase component of the Plan in the minimum amount of $50 per investment, up to a maximum aggregate amount of $150,000 per calendar year.
  • A new investor who does not own shares of our common stock may purchase shares through the Direct Stock Purchase component of the Plan by making an initial minimum investment of $250, up to a maximum aggregate annual amount of $150,000.
  • Plan participants, other registered stockholders and new investors may make optional cash investments in excess of the maximum aggregate annual amount of $150,000, if we grant a waiver pursuant to a “Request for Waiver” submitted by the Plan participant, other registered stockholder or new investor.
  • Plan participants may elect to have funds for optional cash investments automatically deducted on a one-time or a monthly basis from a designated account with a U.S. bank or other approved financial institution.
  • A stockholder may deposit any or all of the certificates registered in the stockholder’s name with the Plan Administrator for safekeeping.
  • Our employees, including employees of our subsidiaries, may participate in the Plan through payroll deductions.

Requests for Waiver Component of the DR/DSPP

The Dividend Reinvestment & Direct Stock Purchase Plan has a $150,000 annual limit on optional cash investments under the direct stock purchase component of the plan. We have the option to accept requests for waivers of the $150,000 limit and will make a determination on a month-to-month basis.

For more information on obtaining a request for waiver, please refer to “Requests for Waiver for Optional Cash Investments in Excess of $150,000” in the plan prospectus and call 302.734.6019 to listen to our pre-recorded message for details applicable to current requests for waiver.

Dividend Reinvestment And Direct Stock Purchase Plan

Chesapeake

500 Energy Lane
Dover, Delaware 19901

CPK

Chesapeake Utilities Corporation (“Chesapeake Utilities”) is a diversified energy delivery company listed on the New York Stock Exchange under the ticker symbol “CPK” (NYSE:CPK). Chesapeake Utilities is not, nor has it ever been, affiliated with Chesapeake Energy Corporation.