Chesapeake Utilities Corporation Announces Quarterly Dividend

Rhea-AI Summary

On August 4, 2022, Chesapeake Utilities Corporation (NYSE: CPK) declared a quarterly cash dividend of $0.535 per share, to be paid on October 5, 2022, to shareholders of record as of September 15, 2022. This marks 61 consecutive years of uninterrupted dividend payments, with annual increases since 2004. The company provides sustainable energy solutions through various services, including natural gas and electricity distribution. This consistent dividend payment reflects Chesapeake's commitment to shareholder value.

Positive

• Quarterly cash dividend of $0.535 per share declared.
• 61 years of uninterrupted dividend payments.
• Annual dividend increases since 2004.

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• None.

DOVER, Del., Aug. 4, 2022 /PRNewswire/ -- 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 October 5, 2022 to all shareholders of record at the close of business on September 15, 2022.

Chesapeake has paid dividends to its shareholders without interruption for 61 years and has increased its annualized dividend every year since 2004.

About Chesapeake Utilities Corporation:

Chesapeake Utilities Corporation is a diversified energy delivery company, listed on the New York Stock Exchange. Chesapeake Utilities Corporation offers sustainable energy solutions through its natural gas transmission and distribution, electricity generation and distribution, propane gas distribution, mobile compressed natural gas utility services and solutions, and other businesses. For more information, visit 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-301600559.html

SOURCE Chesapeake Utilities Corporation

FAQ

What is the dividend amount declared by Chesapeake Utilities Corporation?

Chesapeake Utilities Corporation declared a dividend of $0.535 per share.

When will the dividend be paid to shareholders?

The dividend will be paid on October 5, 2022.

What is the record date for the Chesapeake Utilities dividend?

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

How long has Chesapeake Utilities been paying dividends?

Chesapeake Utilities has been paying dividends for 61 years without interruption.

Has Chesapeake Utilities increased its dividends over the years?

Yes, they have increased their annualized dividend every year since 2004.