DOVER, Del.,
March 5,
2014 /PRNewswire/ -- At their meeting
held on March 5, 2014, the Board of
Directors of Chesapeake Utilities Corporation (NYSE: CPK) declared
a quarterly cash dividend of $0.385
per share on the Company's common stock. The $0.385 per share dividend will be paid on
April 7, 2014 to all shareholders of
record at the close of business on March 17,
2014.
Chesapeake has paid a dividend to its shareholders for 52
consecutive years. The Board of Directors
increased the quarterly dividend by 5.5% in May of 2013,
reaffirming their continued confidence in the sustainable long-term
earnings growth of the Company.
Chesapeake Utilities Corporation is a diversified energy
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.
For more information,
contact:
Beth W.
Cooper
Senior Vice President & Chief
Financial Officer
302.734.6799
SOURCE Chesapeake Utilities Corporation