Chesapeake Utilities Corporation Announces Quarterly Dividend

Nov 05, 2013, 15:50 ET from Chesapeake Utilities Corporation

DOVER, Del., Nov. 5, 2013 /PRNewswire/ -- At their meeting held on November 5, 2013, the Board of Directors of Chesapeake Utilities Corporation (NYSE: CPK) declared a quarterly cash dividend of $0.385 per share on the Company's common stock. The $0.385 per share dividend will be paid on January 6, 2014 to all shareholders of record at the close of business on December 16, 2013.

Chesapeake has paid a dividend to its shareholders for 52 consecutive years.  The Board of Directors increased the quarterly dividend by 5.5% in May of 2013.  This represents the tenth consecutive year of an increase in the dividend on an annualized basis, reaffirming the Board of Directors' continued confidence in the sustainable long-term earnings growth of the Company.

Chesapeake Utilities Corporation is a diversified utility company engaged in natural gas distribution, transmission and marketing; electric distribution; propane distribution and wholesale marketing; advanced information services and other related businesses.  Information about Chesapeake Utilities Corporation and the Chesapeake family of businesses is available at

For more information, contact: Beth W. Cooper Senior Vice President & Chief Financial Officer 302.734.6799

SOURCE Chesapeake Utilities Corporation