Chesapeake Utilities Corporation (NYSE:CPK) Updates On Quarterly Dividend


As per Chesapeake Utilities Corporation (NYSE:CPK) statement on 2016-08-04, the shareholders would receive dividend for the gone quarter. The company confirmed that it will disburse $0.305 per share as dividend to stakeholders. The record date is set as 2016-09-15, the payout date as 2016-10-05 and the ex-dividend date is 2016-09-13.

Last fiscal Chesapeake Utilities Corporation (NYSE:CPK) disbursed cash dividend of $0.305. A year ago, the payout was $0.305, which indicates a difference of 6.1719%. The past track record of five years substantiates that the average payout as given by the firm stands at $0.305, implying 5.4153% growth.

For the period ended on 2015-12-31, Chesapeake Utilities Corporation (NYSE:CPK)’s earnings came at $0.52 per share compared to EPS of $0.33 a year ago. This quarter the firm can post earnings for quarter ending 2016-09-30 on or around 2016-11-03. For this quarter, the analysts have earnings estimate of $0.41 per share.

The interim price target for Chesapeake Utilities Corporation (NYSE:CPK) is set at $69.333. This level is the mean price reached by averaging the stock views of 3 analysts. All these are top brokerages of Wall Street and trail the company’s performance regularly. The best price estimate for Chesapeake Utilities Corporation (NYSE:CPK) is seen at $75 and the lowest level is established at $62. This broad range highlights a standard deviation of $6.658 in reported estimates.

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