Dividend Information About Chesapeake Utilities: Everything You Need to Know Before Its Ex-Dividend Date on Sep 15, 2025

Generated by AI AgentAinvest Dividend Digest
Thursday, Sep 11, 2025 10:18 pm ET1min read
CPK--
Aime RobotAime Summary

- Chesapeake Utilities (CPK) declared a $0.685/share dividend, doubling its 10-year average, with ex-dividend on Sep 15, 2025.

- 2024 revenue grew 17.39% to $787.20M, with TTM revenue up 18.91%, reinforcing its market resilience.

- Analysts project 7.59% upside to $133.67 average price target, with three buy ratings citing strong growth and financial stability.

- Mixed technical indicators (bullish Bollinger Bands vs. bearish MACD) highlight cautious optimism amid consistent dividend payouts.

Chesapeake Utilities Corporation (CPK) has announced another cash dividend of $0.68500000 per share, marking a significant increase compared to the average of its last 10 dividend payments, which stood at $0.33384615. This latest dividend, set to be distributed on Oct 6, 2025, was announced on Aug 7, 2025, with an ex-dividend date set for Sep 15, 2025. Investors who wish to receive this dividend must purchase the stock before this date. The company has consistently maintained a quarterly dividend schedule, with the last payment issued on Jul 7, 2025, also at $0.68500000 per share, showcasing its commitment to shareholder returns.

Over the past week, analysts have highlighted mixed but closely watched signals in CPK’s stock performance. A recent 15-minute chart analysis revealed a bullish trend, with BollingerBINI-- Bands indicating strong momentum. However, a bearish crossover in the MACD has also drawn attention, signaling caution among some investors. Despite this technical volatility, CPKCPK-- has continued to deliver a robust dividend yield, reinforcing its appeal as a stable income generator. The company’s recent financial performance has been equally encouraging, with $787.20M in annual revenue in 2024, representing 17.39% growth, and trailing twelve months (TTM) revenue reaching $866.70M, up 18.91% year-over-year. These figures underscore CPK’s resilience and its ability to deliver consistent revenue growth in a competitive utility market.

Analysts remain cautiously optimistic about CPK’s future, with a moderate buy consensus based on three Wall Street analysts offering 12-month price targets. The average price target stands at $133.67, representing a 7.59% upside from its recent closing price of $124.24. The highest forecasted price is $148.00, while the lowest is $120.00, indicating a broad range of expectations. Notably, several analysts have reiterated their buy ratings, including Ladenburg Thalmann & Co., Maxim Group, and RBC Capital, citing strong growth and solid financial performance as key justifications. Conversely, BarclaysBCS-- and Guggenheim have issued more conservative hold ratings, pointing to potential downside risks. Earnings and revenue forecasts also support a cautiously bullish outlook, with next quarter’s estimated earnings at $1.01 per share and sales projected at $167.30M. These expectations suggest that CPK is on track to outperform industry averages in both earnings and revenue growth.

The ex-dividend date for this upcoming dividend is Sep 15, 2025, and it marks the final day for investors to purchase CPK shares and still be eligible to receive the dividend payment. Any purchase made after this date will not qualify for the dividend distribution. As the utility sector continues to evolve, CPK’s strong financial foundation and consistent dividend history position it as a compelling long-term investment for income-focused portfolios.

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