DOVER, Del., Nov. 7 /PRNewswire-FirstCall/ At their meeting held on November 7, 2007, the Board of Directors of Chesapeake Utilities Corporation (NYSE:CPK) declared a quarterly cash dividend of $0.295 per share on the Company's common stock, representing $1.18 per share on an annualized basis. The $0.295 per share dividend will be paid January 7, 2008 to all shareholders of record at the close of business on December 18, 2007.
Chesapeake has paid a cash dividend to common stock shareholders for forty seven consecutive years.
Chesapeake Utilities Corporation is a diversified utility company engaged in natural gas distribution, transmission and marketing, propane distribution and wholesale marketing, advanced information services and other related businesses. Information about Chesapeake Utilities Corporation and the Chesapeake family of businesses is available at http://www.chpk.com/.
For more information, contact:
Michael P. McMasters
Senior Vice President & Chief Financial Officer
302.734.6799 Beth W. Cooper
Vice President, Treasurer and Corporate Secretary
302.734.6022
DATASOURCE: Chesapeake Utilities Corporation CONTACT: Michael P. McMasters, Senior Vice President & Chief Financial Officer, +1-302-734-6799, or Beth W. Cooper, Vice President, Treasurer and Corporate Secretary, +1-302-734-6022, both of Chesapeake Utilities Corporation Web site: http://www.chpk.com/
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