Chesapeake Utilities (CPK) Raises Quarterly Dividend 6.6% to $0.325; 1.8% Yield

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Go back to Chesapeake Utilities (CPK) Raises Quarterly Dividend 6.6% to $0.325; 1.8% Yield

Chesapeake Utilities Corporation Raises Dividend By 6.6 Percent

May 3, 2017 4:46 PM EDT

DOVER, Del., May 3, 2017 /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 $0.305 per share to $0.325 per share. The Board's action raises the annualized dividend $0.08 per share from $1.22 per share to $1.30 per share, which represents a 6.6 percent increase.  The $0.325 per share dividend will be payable July 5, 2017 to all shareholders of record at the close of business on June 15,... More