Chesapeake Utilities Dividend Information: Key Insights Before Jun 16, 2025
CashCowThursday, Jun 12, 2025 8:10 pm ET
1min readChesapeake Utilities Corporation has announced a dividend of $0.685 per share, which is set to be distributed on Jul 7, 2025. The announcement for this dividend was made on May 7, 2025, with an ex-dividend date of Jun 16, 2025. This recent dividend is higher compared to the average of the last ten dividends per share, which stands at $0.331. The previous dividend was issued on Apr 7, 2025, amounting to $0.640 per share. Both dividends are categorized under cash dividends.
Recently, Chesapeake Utilities Corporation has received an investment rating of "BUY" with a target price set at $132. Analysts have highlighted the company's strong industry and management subratings, suggesting confidence in its operational strategies and leadership. Over the past week, the appointment of Lucia to head investor relations has been noted, following 17 years of consecutive record earnings and the acquisition of Florida City Gas. This strategic move is expected to bolster investor confidence and enhance communication with shareholders.
Since the last update, Chesapeake Utilities faced a minor setback in Q1 earnings, which missed estimates. Despite this, the company's fundamentals remain robust, with continued growth in its natural gas and electric distribution operations. The recent appointment of Abhijit Bhatwadekar as Chief Information Officer is anticipated to drive further innovation and efficiency within the company's IT infrastructure, supporting its diversified energy delivery model.
In conclusion, Chesapeake Utilities continues to exhibit strong financial health and strategic growth initiatives. Investors should note that Jun 16, 2025, is the ex-dividend date, marking the last day to purchase shares and qualify for the upcoming dividend. Any acquisitions made after this date will not be eligible for the current dividend payout.
Recently, Chesapeake Utilities Corporation has received an investment rating of "BUY" with a target price set at $132. Analysts have highlighted the company's strong industry and management subratings, suggesting confidence in its operational strategies and leadership. Over the past week, the appointment of Lucia to head investor relations has been noted, following 17 years of consecutive record earnings and the acquisition of Florida City Gas. This strategic move is expected to bolster investor confidence and enhance communication with shareholders.
Since the last update, Chesapeake Utilities faced a minor setback in Q1 earnings, which missed estimates. Despite this, the company's fundamentals remain robust, with continued growth in its natural gas and electric distribution operations. The recent appointment of Abhijit Bhatwadekar as Chief Information Officer is anticipated to drive further innovation and efficiency within the company's IT infrastructure, supporting its diversified energy delivery model.
In conclusion, Chesapeake Utilities continues to exhibit strong financial health and strategic growth initiatives. Investors should note that Jun 16, 2025, is the ex-dividend date, marking the last day to purchase shares and qualify for the upcoming dividend. Any acquisitions made after this date will not be eligible for the current dividend payout.
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