Welcome to our dedicated page for Chesapeake Utils news (Ticker: CPK), a resource for investors and traders seeking the latest updates and insights on Chesapeake Utils stock.
Chesapeake Utilities Corporation (NYSE: CPK) generates a steady flow of news as a diversified energy delivery company active in natural gas transmission and distribution, electricity generation and distribution, propane gas distribution and mobile compressed natural gas (CNG) utility services and solutions. News coverage on this page reflects the company’s announcements, financial updates and operational developments across its regulated and unregulated energy businesses.
Investors and observers can find updates on quarterly and year-to-date earnings results, where Chesapeake Utilities reports net income, earnings per share (EPS) and non-GAAP measures such as Adjusted Gross Margin, Adjusted Net Income and Adjusted EPS. These releases often discuss the impact of regulatory initiatives, infrastructure programs, pipeline expansion projects and increased CNG, renewable natural gas (RNG) and liquified natural gas (LNG) services on the company’s performance.
In addition to earnings, Chesapeake Utilities’ news includes dividend declarations, highlighting its long history of uninterrupted dividend payments and annualized dividend increases since 2004, as reported in its announcements. Corporate governance items, such as board appointments and director resignations disclosed in press releases and related SEC filings, also appear in the news flow.
Operational and community-focused stories feature prominently as well. The company issues updates on recognition for its natural gas and propane businesses, safety and training initiatives such as its Safety Town facilities in Delaware and Florida, and participation in industry events like Florida’s Women in Energy Leadership Forum. For readers tracking CPK, this news page offers a centralized view of financial results, capital plans, regulatory milestones, safety programs and community engagement activities. Users interested in Chesapeake Utilities’ ongoing developments can return regularly to review the latest company-issued news items and related market updates.
Chesapeake Utilities (CPK) announced an 8.5% increase in its quarterly cash dividend, raising it from $0.59 to $0.64 per share. The annualized dividend rises from $2.36 to $2.56 per share, reflecting the Board of Directors' confidence in the company's growth strategy. The dividend will be payable on July 5, 2024, to shareholders of record as of June 14, 2024.
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