Chesapeake Utilities Corporation Announces Quarterly Dividend Representing 60 Years Of Consecutive Dividends

Rhea-AI Summary

Chesapeake Utilities Corporation (NYSE: CPK) declared a quarterly cash dividend of $0.44 per share on November 5, 2020, to be paid on January 5, 2021. Shareholders recorded by December 15, 2020 will receive this dividend. This marks 60 years of uninterrupted dividend payments, with the company consistently maintaining or increasing its annual dividend. Chesapeake operates in diversified energy sectors, including natural gas and electricity distribution.

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• Declared a quarterly cash dividend of $0.44 per share.
• Marks 60 years of consecutive dividend payments.

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• None.

DOVER, Del., Nov. 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 January 5, 2021 to all shareholders of record at the close of business on December 15, 2020.

For 60 years, Chesapeake has paid dividends to its shareholders without interruption. During those 60 years, Chesapeake has either maintained or increased its annualized dividend.

Chesapeake Utilities Corporation is a diversified energy company engaged in natural gas transmission and distribution; electricity generation and distribution; propane gas distribution; mobile compressed natural gas (CNG) utility services and solutions; 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:
Heidi W. Watkins
Shareholder Services Manager
302.734.6716

View original content:http://www.prnewswire.com/news-releases/chesapeake-utilities-corporation-announces-quarterly-dividend-representing-60-years-of-consecutive-dividends-301167395.html

SOURCE Chesapeake Utilities Corporation

FAQ

What is the dividend amount declared by CPK in November 2020?

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

When will the dividend for CPK be paid?

The dividend will be paid on January 5, 2021.

What is the record date for CPK's dividend?

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

How long has CPK consistently paid dividends?

Chesapeake Utilities Corporation has paid dividends for 60 years without interruption.