Chesapeake Utilities Corporation Announces Quarterly Dividend

Rhea-AI Summary

The Board of Directors of Chesapeake Utilities Corporation (NYSE: CPK) has declared a quarterly cash dividend of $0.48 per share, payable on January 5, 2022. This dividend will be distributed to shareholders on record as of the close of business on December 15, 2021. Chesapeake has consistently paid dividends for 61 years, maintaining or increasing its annualized dividend during this period, demonstrating the company's commitment to providing value to its shareholders.

Positive

• Quarterly cash dividend of $0.48 per share declared.
• 61 years of uninterrupted dividend payments.

Negative

• None.

DOVER, Del., Nov. 3, 2021 /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 January 5, 2022 to all shareholders of record at the close of business December 15, 2021.

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 (CNG) 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-301415639.html

SOURCE Chesapeake Utilities Corporation

FAQ

What is the dividend amount declared by CPK?

Chesapeake Utilities Corporation declared a quarterly cash dividend of $0.48 per share.

When will the CPK dividend be paid?

The dividend will be paid on January 5, 2022.

What is the record date for the CPK dividend?

The record date for the dividend is December 15, 2021.

How long has CPK been paying dividends?

Chesapeake Utilities has paid dividends for 61 consecutive years.