Chesapeake Utilities (CPK) Raises Quarterly Dividend 6.5% to $0.2875; 2.5% Yield

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Go back to Chesapeake Utilities (CPK) Raises Quarterly Dividend 6.5% to $0.2875; 2.5% Yield

Chesapeake Utilities Corporation Raises Dividend By 6.5 Percent

May 6, 2015 3:25 PM EDT

DOVER, Del., May 6, 2015 /PRNewswire/ -- At their meeting held today, the Board of Directors of Chesapeake Utilities Corporation (NYSE: CPK) voted to increase the quarterly cash dividend on the Company's common stock from $0.27 per share to $0.2875 per share. The Board's action raises the annualized dividend $0.07 per share from $1.08 per share to $1.15 per share, which represents a 6.5 percent increase.  The $0.2875 per share dividend will be payable July 6, 2015 to all shareholders of record at the close of business on... More