Chesapeake Utilities raises dividend to 64c per share

The board of directors of Chesapeake Utilities voted to increase the quarterly cash dividend on the company’s common stock from 59c per share to 64c per share, which raises the 2024 annualized dividend by 20c from $2.36 to $2.56 per share, an 8.5% increase. The 64c per share dividend will be payable July 5 to all shareholders of record at the close of business on June 14.