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CPK Chesapeake Utilities dividend history, payout ratio & dates

Chesapeake Utilities's latest quarterly dividend was on Jun 14, 2024 (ex-date) with a payout of $0.64 per share. At an annualized rate of $2.41 per share, the stock yields 2.07%. The latest dividend has increased by $0.05, or 8% from the prior distribution.

Key dates

  • CPK last dividend date: Jun 14, 2024
  • CPK next dividend date: Not announced
CPK dividend stats
DPS
$2.41
Dividend yield
2.07%
Payout ratio
50.4%
vs. Utilities sector
Dividend yield
3.38%
Payout ratio
65.6%

Dividend yield

What is Chesapeake Utilities current dividend yield

Chesapeake Utilities's dividend yield of 2.07% is below the Utilities sector, the industry and its peers average. Compared to its Utilities sector average of 3.38%, Chesapeake Utilities's dividend yield is 39% lower. The current dividend yield is above the historical average of 1.8% of the last 5 years.

Dividend history

What is CPK dividend payout history and dates

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 4.3% from a year ago, the dividend yield has increased by 15%.

Recent dividends

Ex-date Payment date Declared on Amount Type
Jun 14, 2024 Jul 5, 2024 May 8, 2024 $0.64 normal
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 dividend payout ratio

What is Chesapeake Utilities dividend payout ratio compared to the sector

Payout ratio

Chesapeake Utilities's payout ratio of 50.4% is below the Utilities sector, the industry and its peers average. Compared to its Utilities sector average of 65.6%, Chesapeake Utilities's payout ratio is 23% lower.

Total amount of dividends paid per financial year (from cash flow)

CPK dividend vs peer dividends

How does CPK dividend compare to its peers' dividends
Name Dividend yield DPS Payout ratio
NJR New Jersey Resources Corp 3.68% $1.68 66.1%
RGCO Rgc Resources Inc 3.49% $0.8 61.2%
NI Nisource Inc 3.43% $1.03 64.4%
ATO Atmos Energy Corp 2.58% $3.16 47.6%
CPK Chesapeake Utilities Corp 2.07% $2.41 50.4%

Frequently asked questions

Does Chesapeake Utilities pay a dividend?

Yes, Chesapeake Utilities has been paying dividends for the last 30 years.

When is Chesapeake Utilities's next dividend?

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 September 2024.

When was CPK's last dividend?

Chesapeake Utilities's last dividend ex-date was on Jun 14, 2024. The dividend amount was $0.64 per share.

How much dividend does Chesapeake Utilities pay (per share)?

CPK's annualized dividend per share is $2.41.

What is Chesapeake Utilities's dividend yield?

Currently Chesapeake Utilities's dividend yield is 2.07%.

How often does Chesapeake Utilities pay dividends?

Chesapeake Utilities pays four dividends per year.

What is Chesapeake Utilities's dividend payout ratio?

Chesapeake Utilities's dividend payout ratio is 50.4%.

Does Chesapeake Utilities pay a good dividend?

Chesapeake Utilities's dividend yield is below the Utilities sector average.