SmarterDividends
CPK

Chesapeake Utilities Corporation

CPK22 yrs growth

Utilities · Utilities - Regulated Gas · Stock · quarterly payer

$132.18

Overvalued · -26% Add to Portfolio

Forward Yield

2.22%

Annual Dividend

$2.94

Payout Ratio

45%

5-Yr Growth

9.3%

Ex-Date

Sep 14, 2026

Frequency

Quarterly

Key facts about CPK's dividend

Data as of · Source: SmarterDividends data

  • As of Oct 18, 2026, Chesapeake Utilities Corporation (CPK) has a forward dividend yield of 2.22%, based on an annual dividend of $2.94 per share and a share price of $132.18.
  • As of Oct 18, 2026, CPK's dividend safety grade from SmarterDividends is A (91 out of 100), which rates the dividend as very safe.
  • By SmarterDividends' count, Chesapeake Utilities Corporation (CPK) has raised its dividend for 22 consecutive years as of Oct 18, 2026.
  • CPK has never cut its regular dividend in the payment history SmarterDividends has on record.
  • CPK's most recent ex-dividend date was Sep 14, 2026, for a dividend of $0.74 per share.
  • As of Oct 18, 2026, CPK pays out 45% of its trailing 12-month earnings as dividends (its payout ratio).
  • CPK's dividend has grown at an average rate of 9.3% a year over the past five years.
  • As of Oct 18, 2026, CPK's 2.22% yield is 17% above its five-year average yield of 1.91%.
  • As of Oct 18, 2026, SmarterDividends' blended fair-value estimate for CPK is $98.21 per share, 26% below the $132.18 share price, so CPK screens as overvalued.
  • Chesapeake Utilities Corporation (CPK) pays its dividend quarterly, 4 times a year.
  • Chesapeake Utilities Corporation (CPK) has raised its regular dividend 34 times and cut it 0 times across the 156 payments on record since 1987. Its most recent change was a 7.3% increase to $0.735 per share, going ex-dividend on Jun 15, 2026.
Cite this page

SmarterDividends, "CPK Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 18, 2026, https://smarterdividends.com/stocks/CPK

Summary

As of Oct 18, 2026, Chesapeake Utilities Corporation (CPK) yields 2.22% ($2.94 a year per share), has a dividend safety grade of A (91/100) and has 22 consecutive years of dividend increases on record.

Is CPK a good dividend stock?

Yes

Chesapeake Utilities Corporation (CPK) pays a quarterly dividend yielding 2.22% ($2.94/yr), with 22 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.

Advantages

  • 22 consecutive years of dividend growth
  • Never cut its dividend on record
  • Comfortable payout ratio (45%)
  • Strong 9.3% 5-yr dividend growth
  • Top-tier dividend safety score

Risks

  • Single-stock concentration risk — diversify

Key Data

Dividend Yield
2.22%
Payout Ratio
45%
Annual Dividend
$2.94
5-Yr Avg Growth
9.3%
Ex-Dividend Date
Sep 14, 2026
Years of Growth
22
Frequency
quarterly
Beta
0.66
Market Cap
$3.3B
P/E Ratio
21.1
5-Yr Total Return
4%
52-Week Range
$118.88 – $140.83
Dividend Safety
A · 91/100
Ever Cut?
No

CPK dividend raises and cuts

Chesapeake Utilities Corporation (CPK) has raised its regular dividend 34 times and cut it 0 times across the 156 payments on record since 1987. Its most recent change was a 7.3% increase to $0.735 per share, going ex-dividend on Jun 15, 2026.

Ex-dateChangeOld → newMove
Jun 15, 2026Raise$0.685 → $0.735+7.3%
Jun 16, 2025Raise$0.640 → $0.685+7.0%
Jun 14, 2024Raise$0.590 → $0.640+8.5%
Jun 14, 2023Raise$0.535 → $0.590+10.3%
Jun 14, 2022Raise$0.480 → $0.535+11.5%
Jun 14, 2021Raise$0.440 → $0.480+9.1%
Jun 12, 2020Raise$0.405 → $0.440+8.6%
Jun 13, 2019Raise$0.370 → $0.405+9.5%
Jun 14, 2018Raise$0.325 → $0.370+13.8%
Jun 13, 2017Raise$0.305 → $0.325+6.6%
Jun 13, 2016Raise$0.288 → $0.305+5.9%
Jun 11, 2015Raise$0.270 → $0.288+6.7%
Show all 34 changes since 1988
Ex-dateChangeOld → newMove
Jun 12, 2014Raise$0.257 → $0.270+5.2%
Jun 13, 2013Raise$0.243 → $0.257+5.5%
Jun 13, 2012Raise$0.230 → $0.243+5.8%
Jun 13, 2011Raise$0.220 → $0.230+4.5%
Jun 11, 2010Raise$0.210 → $0.220+4.8%
Jun 10, 2009Raise$0.203 → $0.210+3.3%
Jun 11, 2008Raise$0.197 → $0.203+3.4%
Jun 11, 2007Raise$0.193 → $0.197+1.7%
Jun 9, 2006Raise$0.190 → $0.193+1.8%
Jun 9, 2005Raise$0.187 → $0.190+1.8%
Jun 2, 2004Raise$0.183 → $0.187+1.8%
Jun 7, 2001Raise$0.180 → $0.183+1.9%
Jun 8, 2000Raise$0.173 → $0.180+3.8%
Jun 9, 1999Raise$0.167 → $0.173+4.0%
Mar 11, 1998Raise$0.161 → $0.167+3.3%
Mar 12, 1997Raise$0.155 → $0.161+4.3%
Mar 6, 1996Raise$0.150 → $0.155+3.1%
Mar 6, 1995Raise$0.147 → $0.150+2.3%
Mar 7, 1994Raise$0.143 → $0.147+2.3%
Aug 28, 1990Raise$0.140 → $0.143+2.4%
Dec 6, 1989Raise$0.139 → $0.141+1.4%
Aug 30, 1988Raise$0.133 → $0.139+4.3%
Every CPK payment →Download every raise and cut (CSV)
CPK ex-dividend date & scheduleNext ex-date Sep 14, 2026 · full ex-dividend historyView →CPK dividend historyEvery payment, totals by year, raises and cutsView →

Frequently Asked Questions

Is CPK a good dividend stock?

Yes. Chesapeake Utilities Corporation (CPK) pays a quarterly dividend yielding 2.22% ($2.94/yr), with 22 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.

Is CPK undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, CPK's fair value is about $98.21 versus a $132.18 share price — so it looks overvalued (-26% vs. fair value).

Is CPK's dividend safe?

CPK has a dividend-safety grade of A (91/100), based on its payout coverage, free-cash-flow, 22-year growth streak, a clean no-cut history, debt and yield-versus-history.

What is CPK's fair value?

Our blended fair-value estimate for CPK is about $98.21 per share, about 26% below the current $132.18 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is CPK a buy, hold, or sell?

We don't issue formal ratings, but on the data CPK screens as "yes" and overvalued. Chesapeake Utilities Corporation (CPK) pays a quarterly dividend yielding 2.22% ($2.94/yr), with 22 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding. This is research for your own analysis, not investment advice.

Will CPK cut its dividend?

CPK earns a dividend-safety grade of A (91/100), with no dividend cut on record. A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

Does CPK pay a dividend?

Yes. Chesapeake Utilities Corporation pays a quarterly dividend of about $2.94 per share annually, a forward yield of roughly 2.22%.

What is CPK's dividend yield?

As of Oct 18, 2026, CPK's forward dividend yield is 2.22%, based on a $2.94 annual dividend and a $132.18 share price.

What is CPK's dividend per share?

As of Oct 18, 2026, CPK pays $2.94 per share per year, distributed on a quarterly basis.

What is CPK's dividend payout ratio?

As of Oct 18, 2026, CPK's payout ratio is 45% of trailing 12-month earnings — a comfortable level that leaves room to keep raising the dividend.

How many years has CPK grown its dividend?

As of Oct 18, 2026, CPK has increased its dividend for 22 consecutive years.

When is the next CPK ex-dividend date?

As of Oct 18, 2026, CPK's next ex-dividend date hasn't been announced. The most recent was Sep 14, 2026, for $0.74 per share.

CPK Dividend News

CPK
IncreaseCPK·Jun 16, 2026

Chesapeake Utilities Raises Dividend 7.3% to $0.735

CPK’s quarterly payout rises to $0.735, extending a 22-year growth streak, while its 2.27% yield trails the 4.36% utilities median by a wide margin.

Income Calculator

At $2.94 / yr per share

Per payment (quarterly)$73.50
Annual$294.00
Monthly avg$24.50

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