Chesapeake Utilities's latest quarterly dividend was on Mar 14, 2023 (ex-date) with a payout of $0.535 per share. At an annualized rate of $2.14 per share, the stock yields 1.68%.
Chesapeake Utilities's dividend yield of 1.68% is below the Utilities sector, the industry and its peers average. Compared to its Utilities sector average of 3.32%, Chesapeake Utilities's dividend yield is 49% lower. The current dividend yield is similar to 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 11% for the last twelve months. And with the price of the stock down by 4.4% from a year ago, the dividend yield has increased by 17%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| 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 42.5% is below the Utilities sector and the industry average. Compared to its Utilities sector average of 65.6%, Chesapeake Utilities's payout ratio is 35% lower.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| RGCO Rgc Resources Inc | 3.79% | $0.79 | N/A |
| NI Nisource Inc | 3.61% | $0.97 | 61% |
| NJR New Jersey Resources Corp | 3.16% | $1.53 | 50.3% |
| ATO Atmos Energy Corp | 2.52% | $2.9 | 50.2% |
| CPK Chesapeake Utilities Corp | 1.68% | $2.14 | 42.5% |
Yes, Chesapeake Utilities has been paying dividends for the last 29 years.
CPK has announced its next dividend with ex-date Jun 14, 2023.
Chesapeake Utilities's last dividend ex-date was on Mar 14, 2023. The dividend amount was $0.535 per share.
CPK's annualized dividend per share is $2.14.
Currently Chesapeake Utilities's dividend yield is 1.68%.
Chesapeake Utilities pays four dividends per year.
Chesapeake Utilities's dividend payout ratio is 42.5%.
Chesapeake Utilities's dividend yield is below the Utilities sector average.