Chesapeake Utilities Corporation Announces Quarterly Dividend

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Chesapeake Utilities Corporation (NYSE: CPK) has declared a quarterly cash dividend of $0.59 per share on the Company's common stock. The dividend will be paid on January 5, 2024, to all shareholders of record at the close of business on December 15, 2023. Chesapeake has been paying dividends without interruption for 63 years and has increased its annualized dividend every year since 2004.

DOVER, Del., Nov. 2, 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 January 5, 2024 to all shareholders of record at the close of business on December 15, 2023.

With this dividend, Chesapeake will have paid dividends to its shareholders without interruption for 63 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

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SOURCE Chesapeake Utilities Corporation

FAQ

What is the dividend declared by Chesapeake Utilities Corporation?

Chesapeake Utilities Corporation has declared a quarterly cash dividend of $0.59 per share.

When will the dividend be paid?

The dividend will be paid on January 5, 2024.

Who is eligible to receive the dividend?

All shareholders of Chesapeake Utilities Corporation as of December 15, 2023, will be eligible to receive the dividend.

How long has Chesapeake Utilities Corporation been paying dividends?

Chesapeake Utilities Corporation has been paying dividends without interruption for 63 years.

Has Chesapeake Utilities Corporation increased its dividend in the past?

Yes, Chesapeake Utilities Corporation has increased its annualized dividend every year since 2004.