Chesapeake Utilities Corporation Announces 5.8% Increase in Quarterly Dividend to $0.365

At their meeting held on May 2, 2012, the Board of Directors of Chesapeake Utilities Corporation CPK declared a quarterly cash dividend of $0.365 per share on the Company's common stock. The Board's action raises the annualized dividend eight cents per share from $1.38 to $1.46 per share, equating to a 5.8% increase over the prior year. The $0.365 per share dividend will be paid July 5, 2012 to all shareholders of record at the close of business on June 15, 2012.