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Chesapeake Utilities Corporation Raises Dividend by 7.3 Percent

$CPKPress releaseMay 6, 2026, 12:17 PM ETRead the release

Chesapeake Utilities' Board approved a 7.3% increase to its quarterly dividend, raising the payout from $0.685 to $0.735 per share. The hike lifts the annualized dividend rate to $2.94, extending a streak of annual increases that dates back to 2004.

Key figures

Annual dividend rate
$2.94
Dividend yield increase
7.3%

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