DOVER, Del., March 4, 2015 /PRNewswire/ -- The Board of Directors of Chesapeake Utilities Corporation CPK has declared a quarterly cash dividend of $0.27 per share on the Company's common stock. The $0.27 per share dividend will be paid on April 6, 2015 to all shareholders of record at the close of business on March 17, 2015.
Chesapeake has paid a dividend to its shareholders for 54 consecutive years. The Board of Directors increased the quarterly dividend by 5.2% in May of 2014, reaffirming their continued confidence in the sustainable long-term earnings growth of the Company.
Chesapeake Utilities Corporation is a diversified energy company engaged in natural gas distribution, transmission and marketing; electricity distribution; propane gas distribution and wholesale marketing; and other related services. Information about Chesapeake Utilities Corporation and the Chesapeake family of businesses is available at http://www.chpk.com or through our IR App.
For more information, contact:
Beth W. Cooper
Senior Vice President & Chief Financial Officer
302.734.6799
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/chesapeake-utilities-corporation-announces-quarterly-dividend-300045650.html
SOURCE Chesapeake Utilities Corporation
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