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DOVER, Del. - Chesapeake Utilities Corporation (NYSE:CPK) announced Thursday that its Board of Directors has declared a quarterly cash dividend of $0.685 per share on the company’s common stock. The dividend represents a current yield of 2.1% based on the stock’s price of $132.31.
The dividend will be paid on January 5, 2026, to shareholders of record at the close of business on December 15, 2025, according to a company press release.
This payment continues Chesapeake Utilities’ 65-year track record of uninterrupted dividend payments to shareholders. The company has consistently increased its annualized dividend every year since 2004.
Chesapeake Utilities Corporation is a diversified energy delivery company that provides services through various business segments including natural gas transmission and distribution, electricity generation and distribution, propane gas distribution, and mobile compressed natural gas utility services.
The company is listed on the New York Stock Exchange under the ticker symbol CPK.
In other recent news, Chesapeake Utilities Corporation reported robust financial results for the second quarter of 2025, surpassing analysts’ expectations. The company achieved an earnings per share (EPS) of $1.04, exceeding the projected $1.02. Additionally, Chesapeake Utilities’ revenue reached $192.8 million, outperforming the forecasted $182.45 million. These results highlight the company’s strong financial performance in the recent period. Separately, BTIG initiated coverage on Chesapeake Utilities with a Neutral rating. The research firm acknowledged the company’s significant growth potential but noted that this potential is already accounted for in the stock’s current premium valuation. These developments reflect the latest updates on Chesapeake Utilities’ financial and market standing.
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