Chesapeake Utilities Corporation Announces Quarterly Dividend

Rhea-AI Summary

Chesapeake Utilities Corporation (CPK) Declares Quarterly Cash Dividend of $0.59 per Share

Positive

• Chesapeake Utilities Corporation (CPK) continues its uninterrupted 62-year history of paying dividends to shareholders.
• The company has consistently increased its annualized dividend every year since 2004.

Negative

• None.

DOVER, Del., Aug. 3, 2023 /PRNewswire/ -- At their meeting held today, the Board of Directors of Chesapeake Utilities Corporation (NYSE: CPK) declared a quarterly cash dividend of $0.59 per share on the Company's common stock. The $0.59 per share dividend will be paid on October 5, 2023 to all shareholders of record at the close of business on September 15, 2023.

Chesapeake has paid dividends to its shareholders without interruption for 62 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:
Heidi Watkins
Shareholder Services Manager
hwatkins@chpk.com
302.538.4764

View original content:https://www.prnewswire.com/news-releases/chesapeake-utilities-corporation-announces-quarterly-dividend-301893122.html

SOURCE Chesapeake Utilities Corporation

FAQ

What is the quarterly cash dividend declared by Chesapeake Utilities Corporation (CPK)?

The Board of Directors declared a quarterly cash dividend of $0.59 per share on the Company's common stock.

When will the dividend be paid to shareholders?

The $0.59 per share dividend will be paid on October 5, 2023 to all shareholders of record at the close of business on September 15, 2023.

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

Chesapeake has paid dividends to its shareholders without interruption for 62 years.

Has Chesapeake Utilities Corporation (CPK) been increasing its dividends?

Yes, the company has increased its annualized dividend every year since 2004.