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Chesapeake Utilities Corporation Announces Quarterly Dividend

Chesapeake Utilities (NYSE: CPK) has declared a quarterly cash dividend of $0.64 per share on its common stock.

Sentiment and the balance of points

Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

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dividends

Rhea-AI Summary

Chesapeake Utilities (NYSE: CPK) has declared a quarterly cash dividend of $0.64 per share on its common stock. The dividend will be paid on April 7, 2025 to shareholders of record at the close of business on March 14, 2025.

The company maintains a remarkable dividend track record, having paid dividends without interruption for 64 years and consistently increased its annualized dividend every year since 2004.

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Positive

  • 21-year streak of annual dividend increases since 2004
  • 64-year uninterrupted dividend payment history
  • Consistent quarterly dividend maintained at $0.64/share

Negative

  • None.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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DOVER, Del., Feb. 26, 2025 /PRNewswire/ -- At their meeting held today, the Board of Directors of Chesapeake Utilities Corporation (NYSE: CPK) declared a quarterly cash dividend of $0.64 per share on the Company's common stock. The $0.64 per share dividend will be paid on April 7, 2025 to all shareholders of record at the close of business on March 14, 2025.

Chesapeake has paid dividends to its shareholders without interruption for 64 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 (NYSE:CPK). 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.

For more information, contact:
Lucia Dempsey
Head of Investor Relations
ldempsey@chpk.com
347-804-9067

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/chesapeake-utilities-corporation-announces-quarterly-dividend-302386297.html

SOURCE Chesapeake Utilities Corporation

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What is the amount of Chesapeake Utilities' quarterly dividend for 2025?

Chesapeake Utilities (CPK) declared a quarterly dividend of $0.64 per share.

When is the payment date for CPK's latest quarterly dividend?

The dividend will be paid on April 7, 2025, to shareholders of record as of March 14, 2025.

How long has Chesapeake Utilities (CPK) maintained its dividend payment streak?

CPK has paid dividends without interruption for 64 years.

Since when has CPK been increasing its annualized dividend?

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

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