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Chesapeake Utilities Corporation Announces Quarterly Dividend

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 http://www.chpk.com.

For more information, contact: Beth W. CooperSenior Vice President & Chief Financial Officer302.734.6799

SOURCE Chesapeake Utilities Corporation

Stock quotes in this article: CPK 
Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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