Chesapeake Utilities Corporation Announces Quarterly Dividend

Rhea-AI Summary

On August 5, 2020, Chesapeake Utilities Corporation (NYSE: CPK) declared a quarterly cash dividend of $0.44 per share, payable on October 5, 2020, to shareholders of record by September 15, 2020. This marks the 59th consecutive year of uninterrupted dividends, with consistent maintenance or increases in the annualized dividend over this period. Chesapeake Utilities is a diversified energy company involved in natural gas and electricity distribution, propane gas distribution, and more.

Positive

• Declared quarterly cash dividend of $0.44 per share.
• 59 consecutive years of uninterrupted dividends.
• Consistent maintenance or increases in annualized dividends.

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• None.

DOVER, Del., Aug. 5, 2020 /PRNewswire/ -- Today, the Board of Directors of Chesapeake Utilities Corporation (NYSE: CPK) declared a quarterly cash dividend of $0.44 per share on the Company's common stock. The $0.44 per share dividend will be paid on October 5, 2020 to all shareholders of record at the close of business on September 15, 2020.

Chesapeake has paid dividends to its shareholders without interruption for 59 years. During those 59 years, Chesapeake has either maintained or increased its annualized dividend.

Chesapeake Utilities Corporation is a diversified energy company engaged in natural gas distribution and transmission; electricity generation and distribution; propane gas distribution and other businesses. Information about Chesapeake Utilities Corporation and the Chesapeake family of businesses is available at www.chpk.com, through the Company's Investor Relations App and on the Annual Report Microsite at cpkannualreport.com.

Please note that Chesapeake Utilities Corporation has no affiliation with Chesapeake Energy, an oil and natural gas exploration company headquartered in Oklahoma City, Oklahoma.

For more information, contact:
Beth W. Cooper
Executive Vice President & Chief Financial Officer
302.734.6799

View original content:http://www.prnewswire.com/news-releases/chesapeake-utilities-corporation-announces-quarterly-dividend-301107031.html

SOURCE Chesapeake Utilities Corporation

FAQ

What is the dividend amount declared by CPK?

Chesapeake Utilities Corporation declared a quarterly dividend of $0.44 per share.

When will the dividend be paid to shareholders?

The dividend will be paid on October 5, 2020.

What is the record date for CPK's dividend?

The record date for the dividend is September 15, 2020.

How long has CPK been paying dividends?

CPK has paid dividends without interruption for 59 years.

Has CPK maintained or increased its dividends?

Yes, CPK has either maintained or increased its annualized dividend over the past 59 years.