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Chesapeake Utilities Corporation Raises Dividend by 7.3 Percent

  • Chesapeake Utilities Corporation's Board of Directors voted to increase the quarterly cash dividend from $0.685 to $0.735 per share.
  • The 2026 annualized dividend rises by $0.20 to $2.94 per share, representing a 7.3 percent increase.
  • The new quarterly dividend of $0.735 per share will be payable on July 6, 2026, to shareholders of record as of June 15, 2026.
  • Chesapeake Utilities has paid uninterrupted dividends for 65 years and has increased its annualized dividend every year since 2004.
  • CEO Jeff Householder stated the decision reflects a disciplined capital allocation strategy balancing reinvestment with sustainable dividend growth.