Chesapeake Utilities Corporation Announces Quarterly Dividend

Rhea-AI Summary

Chesapeake Utilities Corporation (NYSE: CPK) has declared a quarterly cash dividend of $0.48 per share, payable on April 5, 2022, to shareholders of record by March 15, 2022. This marks 61 years of uninterrupted dividend payments, with consistent maintenance or increases in the annualized dividend. The company operates in multiple energy sectors including natural gas and electricity distribution.

Positive

• Quarterly cash dividend of $0.48 per share boosts income for shareholders.
• 61 years of uninterrupted dividend payments signals company confidence.

Negative

• None.

DOVER, Del., Feb. 23, 2022 /PRNewswire/ -- Today, the Board of Directors of Chesapeake Utilities Corporation (NYSE: CPK) declared a quarterly cash dividend of $0.48 per share on the Company's common stock. The $0.48 per share dividend will be paid on April 5, 2022 to all shareholders of record at the close of business on March 15, 2022.

For 61 years, Chesapeake has paid dividends to its shareholders without interruption. During those 61 years, Chesapeake has either maintained or increased its annualized dividend.

Chesapeake Utilities Corporation
Chesapeake Utilities Corporation is a diversified energy delivery company, listed on the New York Stock Exchange, which is engaged in natural gas transmission and distribution; electricity generation and distribution; propane gas distribution; mobile compressed natural gas utility services and solutions; and other businesses. Information about Chesapeake Utilities Corporation's businesses is available at www.chpk.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:
Alex Whitelam
Head of Investor Relations
awhitelam@chpk.com
215.872.2507

View original content:https://www.prnewswire.com/news-releases/chesapeake-utilities-corporation-announces-quarterly-dividend-301488933.html

SOURCE Chesapeake Utilities Corporation

FAQ

What is the dividend amount declared by Chesapeake Utilities (CPK) for 2022?

Chesapeake Utilities (CPK) declared a quarterly cash dividend of $0.48 per share.

When will Chesapeake Utilities (CPK) pay the declared dividend?

The dividend will be paid on April 5, 2022.

What is the record date for the Chesapeake Utilities (CPK) dividend?

The record date for the dividend is March 15, 2022.

How long has Chesapeake Utilities (CPK) been paying dividends?

Chesapeake Utilities has paid dividends for 61 years without interruption.