#USA #Dividend #Chesapeake Utilities #Dover #NYSE: CPK

Chesapeake Utilities Corporation Declares Quarterly Dividend

Chesapeake Utilities Corporation (NYSE: CPK), a leading energy delivery company, has taken a significant step by declaring a cash dividend for the upcoming quarter. In a recent meeting, the company's Board of Directors approved a dividend of $0.685 per share on its common stock. This dividend is set to be distributed on April 6, 2026, to all shareholders recorded by the close of business on March 16, 2026.

This announcement not only highlights the company's commitment to returning value to its shareholders but also marks a significant achievement: Chesapeake Utilities has maintained a consistent dividend payout for an extraordinary 65 years. Since 2004, the company has successfully increased its annualized dividend every year, showcasing robust financial health and a dedication to shareholder enrichment.

About Chesapeake Utilities Corporation

Chesapeake Utilities Corporation operates in the energy sector and is publicly traded on the New York Stock Exchange under the ticker symbol CPK. The company offers an array of sustainable energy solutions, including natural gas transmission and distribution, electricity generation and distribution, and propane gas distribution. Furthermore, they provide innovative mobile compressed natural gas utility services.

With a keen focus on sustainability, Chesapeake Utilities is committed to delivering energy solutions that not only meet the needs of their customers but also align with environmental considerations. As part of their business diversification, they are continuously seeking new avenues for growth within the energy sector.

As a matter of corporate responsibility, Chesapeake Utilities Corporation strives to foster strong relationships with their shareholders and community at large. They believe that transparency and consistent communication are paramount to their operational excellence.

What This Means for Shareholders

The declaration of this dividend provides a reliable return for both current and prospective investors. As companies navigate through fluctuating market conditions, dividends remain a key point of attraction for investors seeking regular income. The consistency of Chesapeake Utilities’ dividend payouts positions it as a solid option within an unpredictable financial landscape. Investors interpret such reliability as a positive indicator of the company's long-term growth prospects and financial stability.

In summary, Chesapeake Utilities Corporation is not just focusing on providing energy solutions; they demonstrate strong corporate governance by ensuring that shareholders are rewarded for their investments. With a robust dividend policy in place, the company continues to enhance its reputation as a reliable investment amidst the evolving energy landscape.

For further details, stakeholders and interested parties can visit their official website at www.chpk.com or contact the Head of Investor Relations, Lucia Dempsey, directly at [email protected] or via phone at 347-804-9067.

This announcement sets a positive tone as Chesapeake Utilities moves forward with its strategic growth initiatives, and shareholders eagerly anticipate the upcoming dividend payment as a testament to the company’s enduring commitment to value creation.