Chesapeake Utilities Corporation (NYSE:CPK) to Issue Quarterly Dividend of $0.73

Posted by Francis Steltz on Nov 6th, 2026

Chesapeake Utilities Corporation (NYSE:CPK – Get Free Report) announced a quarterly dividend on Thursday, November 5th. Shareholders of record on Tuesday, December 15th will be paid a dividend of $0.7350 per share by the utilities provider on Tuesday, January 5th. This represents a $2.94 annualized dividend and a yield of 2.1%. The ex-dividend date of this dividend is Tuesday, December 15th.

Chesapeake Utilities has increased its dividend by an average of 0.1% per year over the last three years and has increased its dividend annually for the last 22 consecutive years. Chesapeake Utilities has a payout ratio of 43.6% indicating that its dividend is sufficiently covered by earnings. Research analysts expect Chesapeake Utilities to earn $7.35 per share next year, which means the company should continue to be able to cover its $2.94 annual dividend with an expected future payout ratio of 40.0%.

Chesapeake Utilities Stock Up 0.2%

Shares of Chesapeake Utilities stock opened at $141.92 on Friday. Chesapeake Utilities has a 1 year low of $118.88 and a 1 year high of $145.54. The company has a debt-to-equity ratio of 0.79, a current ratio of 0.32 and a quick ratio of 0.28. The business has a 50-day moving average of $131.45 and a two-hundred day moving average of $129.52. The company has a market capitalization of $3.42 billion, a P/E ratio of 22.63 and a beta of 0.62.

Chesapeake Utilities (NYSE:CPK – Get Free Report) last posted its quarterly earnings data on Thursday, November 5th. The utilities provider reported $0.89 EPS for the quarter, missing the consensus estimate of $0.93 by ($0.04). Chesapeake Utilities had a net margin of 15.12% and a return on equity of 9.34%. The company had revenue of $195.80 million during the quarter, compared to the consensus estimate of $193.31 million. During the same period in the prior year, the firm posted $0.82 earnings per share. The company’s revenue was up 9.0% compared to the same quarter last year. As a group, equities analysts predict that Chesapeake Utilities will post 6.40 EPS for the current year.

About Chesapeake Utilities

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Chesapeake Utilities Corporation is an energy delivery company that provides natural gas, propane, electricity and related services to residential, commercial, industrial and institutional customers. Its operations include regulated utility businesses as well as unregulated energy and infrastructure activities.

The company distributes natural gas and electricity, transports natural gas through pipeline systems, and supplies propane and other fuels. It also develops and operates energy infrastructure and provides renewable natural gas and other energy solutions through its portfolio of operating subsidiaries.

Founded in 1859, Chesapeake Utilities serves customers primarily in Delaware, Maryland, Pennsylvania, Virginia, Florida and Ohio.