Published on 21 May 2023 on Simply Wall St. via Yahoo Finance
Chesapeake Utilities' (NYSE:CPK) Shareholders Will Receive A Bigger Dividend Than Last Year
The board of Chesapeake Utilities Corporation (NYSE:CPK) has announced that the dividend on 5th of July will be increased to $0.59, which will be 10% higher than last year's payment of $0.535 which covered the same period. Despite this raise, the dividend yield of 1.7% is only a modest boost to shareholder returns.
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