Chesapeake Utilities Corporation Announces Quarterly Dividend

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Nov 04, 2010, 04:15 ET

DOVER, Del., Nov. 4, 2010 /PRNewswire-FirstCall/ -- At their meeting held on November 3, 2010, the Board of Directors of Chesapeake Utilities Corporation (NYSE: CPK) declared a quarterly cash dividend of $0.33 per share on the Company's common stock, representing $1.32 per share on an annualized basis. The $0.33 per share dividend will be paid January 5, 2011 to all shareholders of record at the close of business on December 15, 2010.

Chesapeake has paid a cash dividend to common stock shareholders for fifty consecutive years.

Chesapeake Utilities Corporation is a diversified utility company engaged in natural gas distribution, transmission and marketing; electric distribution; propane distribution and wholesale marketing; advanced information services and other related businesses. Information about Chesapeake Utilities Corporation and the Chesapeake family of businesses is available at http://www.chpk.com.