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Chesapeake Utilities Corporation

S&P 500

CPK/Utilities · Utilities - Regulated Gas/NYSE

Dividend Yield

2.34%

$2.79 · Annual Dividend

Stock Price$122.75P/E19.1MCap2.9BLast update: Jun 26, 2026 at 06:56

Dividend Safety Rating

79/ 100Safe

CPK's dividend appears safe and well-supported. Strengths include a 44.0% earnings payout ratio & 29.7% fcf payout ratio. Areas of concern: 0.4x current ratio. The dividend has been growing at a 9.33% 5-year CAGR. As a utility, higher payout ratios and leverage are typical for this regulated sector.

Based on 15 of 15 metrics

Strengths

  • Earnings Payout Ratio: 44.0%Low earnings payout ratio leaves room to grow the dividend.
  • FCF Payout Ratio: 29.7%Free cash flow comfortably covers the dividend.
  • CFO Payout Ratio: 24.6%Operating cash flow strongly supports the payout.

Risks

  • Current Ratio: 0.4xLimited short-term liquidity to meet obligations.

Payout & Coverage

Very Safe
44.0%Very Safe
29.7%Very Safe
24.6%Very Safe

Balance Sheet

Caution

Profitability

Safe
9.6%Caution
28.1%Very Safe
37.1%Safe
Very StableVery Safe

Dividend Track Record

Very Safe
11+ yrsVery Safe
NoneVery Safe
GrowingVery Safe

About Chesapeake Utilities Corporation

Chesapeake Utilities Corporation is a diversified energy delivery company based in the United States, with a longstanding history dating back to its founding in 1859. The company operates primarily through two main segments: Regulated Energy and Unregulated Energy. Its Regulated Energy segment manages natural gas distribution across central and southern Delaware, Maryland’s eastern shore, and Florida, along with regulated natural gas transmission in the Delmarva Peninsula, Ohio, and Florida, and electric distribution in parts of Florida. The Unregulated Energy segment oversees propane distribution throughout the Mid-Atlantic region, the Carolinas, and Florida, as well as unregulated natural gas transmission, electricity and steam generation, and the provision of compressed, liquefied, and renewable natural gas transportation solutions, primarily serving utilities and pipelines. Chesapeake Utilities Corporation also offers energy-related services, including heating, ventilation, air conditioning, and plumbing, supporting both residential and commercial markets. The company plays a significant role in ensuring the reliable supply and distribution of essential energy resources across multiple states, contributing to the stability and development of the regional energy infrastructure.

Dividend Overview

Dividend Yield

2.34%

Annual Dividend

$2.79

Frequency

Quarterly

Payout Ratio

43.98%

FCF Payout Ratio

29.71%

52-Week Range

$118.84 - $140.59

Dividend History (2016–2025)

CPK annual dividend per share and yield history

Earnings & Profitability

CPK earnings per share and net profit margin

Key Dates

Last Ex-Dividend Date

June 15, 2026

Next Payment Date

July 6, 2026

Dividend Growth

3-Year Dividend CAGR

8.93%

5-Year Dividend CAGR

9.33%

10-Year Dividend CAGR

9.06%

3-Year Total Growth

29.26%

5-Year Total Growth

56.23%

10-Year Total Growth

137.97%

Income Calculator

CPK Dividend Calculator

Total Investment

$12,275.00

Annual Income

$279.00

Quarterly Income

$69.75

Monthly Income

$23.25

Frequently Asked Questions

What is CPK's current dividend yield?
Chesapeake Utilities Corporation (CPK) currently has a dividend yield of 2.34%, based on a stock price of $122.75 and an annual dividend of $2.79.
When is CPK's next dividend payment date?
CPK's next ex-dividend date is 2026-06-15 and the next payment date is 2026-07-06. You must own the stock before the ex-dividend date to receive the upcoming payment.
How much does CPK pay in dividends per year?
Chesapeake Utilities Corporation paid $2.69 per share in annual dividends in 2025. The dividends are paid quarterly.
Has CPK been increasing its dividend?
Chesapeake Utilities Corporation has grown its dividend at a 5-year CAGR of 9.33% and a 10-year CAGR of 9.06%.
Is CPK's dividend safe?
Chesapeake Utilities Corporation has a payout ratio of 43.98%. Its free cash flow payout ratio is 29.71%. A payout ratio below 60% is generally considered sustainable.
How is CPK's Dividend Safety Rating calculated?
The Dividend Safety Rating evaluates Chesapeake Utilities Corporation's dividend sustainability across four categories: Payout & Coverage (30%), Balance Sheet (20%), Profitability (20%), and Dividend Track Record (30%). Each metric is rated from "Very Safe" to "Danger" based on industry-standard thresholds, with sector-specific adjustments for utilities companies. The overall score ranges from 0 to 100.

Want to understand how we rate dividend safety? Read our full methodology

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This page is not investment advice. The content is for informational purposes only and should not be construed as a recommendation to buy, sell, or hold any security. Always do your own research and consult a qualified financial advisor before making investment decisions.

Financial data, including dividend history, earnings, balance sheet metrics, and the Dividend Safety Rating, is provided for informational purposes only. Data may be delayed or differ from official filings. Past performance does not guarantee future results. Always verify with official sources before making investment decisions.

Market data provided by Twelve Data.