Chesapeake Utilities
CPKChesapeake Utilities Corporation (CPK) is a diversified energy company that primarily provides natural gas distribution, transmission, and marketing services. Founded in 1944 and based in Dover, Delaware, the company operates in the Mid-Atlantic and Florida regions, serving residential, commercial, and industrial customers. Chesapeake Utilities also engages in renewable energy initiatives and offers energy-related services to expand its portfolio in sustainable energy solutions.
Dividend History
| Pay Date | Amount | Ex-Date | Record Date |
|---|---|---|---|
| January 5, 2026 | $0.69 | 2025-12-15 | 2025-12-15 |
| October 6, 2025 | $0.69 | 2025-09-15 | 2025-09-15 |
| July 7, 2025 | $0.69 | 2025-06-16 | 2025-06-16 |
| April 7, 2025 | $0.64 | 2025-03-14 | 2025-03-14 |
| January 6, 2025 | $0.64 | 2024-12-16 | 2024-12-16 |
Dividends Summary
- Consistent Payer: Chesapeake Utilities has rewarded shareholders with 89 dividend payments over the past 22 years.
- Total Returned Value: Investors who held CPK shares during this period received a total of $34.11 per share in dividend income.
- Latest Payout: The most recent dividend of $0.69/share was paid 18 days ago, on January 5, 2026.
- Yield & Schedule: CPK currently pays dividends quarterly with an annual yield of 2.13%.
- Dividend Growth: Since 2004, the dividend payout has grown by 149.1%, from $0.28 to $0.69.
- Dividend Reliability: CPK has maintained or increased its dividend for 46 consecutive payments.
Company News
Chesapeake Utilities Corporation declared a quarterly cash dividend of $0.685 per share, payable on January 5, 2026, to shareholders of record as of December 15, 2025. The company has maintained dividend payments for 65 consecutive years and has increased its annualized dividend annually since 2004.
Chesapeake Utilities Corporation declared a quarterly cash dividend of $0.685 per share, payable on October 6, 2025, to shareholders of record as of September 15, 2025. The company has consistently paid dividends for 64 years and increased its annualized dividend annually since 2004.
This article discusses three companies that recently raised their dividends. Two of them, Chesapeake Utilities Corporation and RTX Corp, are recommended as buying opportunities, while Paychex Inc is suggested to be avoided for now due to its high valuation.
Chesapeake Utilities Corporation has increased its quarterly cash dividend by 7%, raising the annualized dividend from $2.56 to $2.74 per share. The company's board cites the company's focus on capital investment, regulatory strategy, and business transformation as drivers of earnings growth and continued dividend growth.
Chesapeake Utilities Corporation announced a quarterly cash dividend of $0.64 per share on the company's common stock, to be paid on April 7, 2025 to shareholders of record on March 14, 2025. The company has paid dividends to its shareholders without interruption for 64 years and has increased its annualized dividend every year since 2004.
