Chesapeake Utilities's latest quarterly dividend was on Mar 14, 2024 (ex-date) with a payout of $0.59 per share. At an annualized rate of $2.36 per share, the stock yields 2.22%.
Chesapeake Utilities's dividend yield of 2.22% is below the Utilities sector, the industry and its peers average. Compared to its Utilities sector average of 3.49%, Chesapeake Utilities's dividend yield is 36% lower. The current dividend yield is above the historical average of 1.7% of the last 5 years.
Chesapeake Utilities has been paying dividends since 1994. CPK has distributed four quarterly dividends in the past year. The annualized dividend per share has increased by 10% for the last twelve months. And with the price of the stock down by 17% from a year ago, the dividend yield has increased by 32%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Mar 14, 2024 | Apr 5, 2024 | Feb 20, 2024 | $0.59 | normal |
| Dec 14, 2023 | Jan 5, 2024 | Nov 2, 2023 | $0.59 | normal |
| Sep 14, 2023 | Oct 5, 2023 | Aug 3, 2023 | $0.59 | normal |
| Jun 14, 2023 | Jul 5, 2023 | May 3, 2023 | $0.59 | normal |
| Mar 14, 2023 | Apr 5, 2023 | Feb 22, 2023 | $0.535 | normal |
| Dec 14, 2022 | Jan 5, 2023 | Nov 3, 2022 | $0.535 | normal |
| Sep 14, 2022 | Oct 5, 2022 | Aug 4, 2022 | $0.535 | normal |
| Jun 14, 2022 | Jul 5, 2022 | $0.535 | normal | |
| Mar 14, 2022 | Apr 5, 2022 | Feb 23, 2022 | $0.48 | normal |
| Dec 14, 2021 | Jan 5, 2022 | Nov 3, 2021 | $0.48 | normal |
| Sep 14, 2021 | Oct 5, 2021 | Aug 11, 2021 | $0.48 | normal |
| Jun 14, 2021 | Jul 6, 2021 | May 5, 2021 | $0.48 | normal |
| Mar 12, 2021 | Apr 5, 2021 | Feb 24, 2021 | $0.44 | normal |
| Dec 14, 2020 | Jan 5, 2021 | Nov 5, 2020 | $0.44 | normal |
| Sep 14, 2020 | Oct 5, 2020 | Aug 5, 2020 | $0.44 | normal |
| Jun 12, 2020 | Jul 6, 2020 | May 7, 2020 | $0.44 | normal |
| Mar 12, 2020 | Apr 6, 2020 | Feb 26, 2020 | $0.405 | normal |
| Dec 13, 2019 | Jan 6, 2020 | Nov 6, 2019 | $0.405 | normal |
| Sep 12, 2019 | Oct 7, 2019 | Aug 7, 2019 | $0.405 | normal |
| Jun 13, 2019 | Jul 5, 2019 | May 8, 2019 | $0.405 | normal |
| Mar 14, 2019 | Apr 5, 2019 | Feb 26, 2019 | $0.37 | normal |
| Dec 13, 2018 | Jan 7, 2019 | Nov 8, 2018 | $0.37 | normal |
| Sep 13, 2018 | Oct 5, 2018 | Aug 8, 2018 | $0.37 | normal |
| Jun 14, 2018 | Jul 5, 2018 | May 9, 2018 | $0.37 | normal |
| Mar 14, 2018 | Apr 5, 2018 | Feb 27, 2018 | $0.325 | normal |
| Dec 14, 2017 | Jan 5, 2018 | Nov 8, 2017 | $0.325 | normal |
| Sep 14, 2017 | Oct 5, 2017 | Aug 2, 2017 | $0.325 | normal |
| Jun 13, 2017 | Jul 5, 2017 | May 3, 2017 | $0.325 | normal |
| Mar 13, 2017 | Apr 5, 2017 | Feb 24, 2017 | $0.305 | normal |
| Dec 13, 2016 | Jan 5, 2017 | Nov 2, 2016 | $0.305 | normal |
| Sep 13, 2016 | Oct 5, 2016 | Aug 3, 2016 | $0.305 | normal |
| Jun 13, 2016 | Jul 5, 2016 | May 4, 2016 | $0.305 | normal |
Chesapeake Utilities's payout ratio of 49.7% is below the Utilities sector, the industry and its peers average. Compared to its Utilities sector average of 66%, Chesapeake Utilities's payout ratio is 25% lower.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| RGCO Rgc Resources Inc | 3.9% | $0.8 | 60.7% |
| NJR New Jersey Resources Corp | 3.77% | $1.65 | 67.3% |
| NI Nisource Inc | 3.6% | $1.02 | 63.8% |
| ATO Atmos Energy Corp | 2.63% | $3.09 | 49.4% |
| CPK Chesapeake Utilities Corp | 2.22% | $2.36 | 49.7% |
Yes, Chesapeake Utilities has been paying dividends for the last 30 years.
At this point we don't have a record of CPK's next dividend date, but based on the current dividend schedule we project that it will likely be in June 2024.
Chesapeake Utilities's last dividend ex-date was on Mar 14, 2024. The dividend amount was $0.59 per share.
CPK's annualized dividend per share is $2.36.
Currently Chesapeake Utilities's dividend yield is 2.22%.
Chesapeake Utilities pays four dividends per year.
Chesapeake Utilities's dividend payout ratio is 49.7%.
Chesapeake Utilities's dividend yield is below the Utilities sector average.