Chesapeake Utilities (Chesapeake Utilities) Dividend Payout Ratio

: 0.39 (As of Dec. 2023)

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Chesapeake Utilities's dividend payout ratio for the months ended in Dec. 2023 was 0.39.

The historical rank and industry rank for Chesapeake Utilities's Dividend Payout Ratio or its related term are showing as below:

CPK' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.35 Med: 0.42 Max: 0.45
Current: 0.45

During the past 13 years, the highest Dividend Payout Ratio of Chesapeake Utilities was 0.45. The lowest was 0.35. And the median was 0.42.

CPK's Dividend Payout Ratio is ranked better than
58.97% of 368 companies
in the Utilities - Regulated industry
Industry Median: 0.535 vs CPK: 0.45

As of today (2024-04-18), the Dividend Yield % of Chesapeake Utilities is 2.36%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Chesapeake Utilities was 2.96%. The lowest was 1.29%. And the median was 1.77%.

Chesapeake Utilities's Dividends per Share for the months ended in Dec. 2023 was $0.59.

During the past 12 months, Chesapeake Utilities's average Dividends Per Share Growth Rate was 10.60% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 10.10% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 9.80% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 8.80% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Chesapeake Utilities was 63.70% per year. The lowest was 0.30% per year. And the median was 3.30% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

Chesapeake Utilities Dividend Payout Ratio Historical Data

The historical data trend for Chesapeake Utilities's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Chesapeake Utilities Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

0.43

0.41

0.40

0.41

0.43

Chesapeake Utilities Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Dividend Payout Ratio																0.37	0.26	0.66	0.86	0.39

Competitive Comparison

For the Utilities - Regulated Gas subindustry, Chesapeake Utilities's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Chesapeake Utilities Dividend Payout Ratio Distribution

For the Utilities - Regulated industry and Utilities sector, Chesapeake Utilities's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Chesapeake Utilities's Dividend Payout Ratio falls into.

Chesapeake Utilities Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Chesapeake Utilities's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2023 )	/	EPS without NRI (A: Dec. 2023 )
	=	2.305	/	5.31
	=	0.43

Chesapeake Utilities's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Dec. 2023 )	/	EPS without NRI (Q: Dec. 2023 )
	=	0.59	/	1.513
	=	0.39

Chesapeake Utilities (NYSE:CPK) Dividend Payout Ratio Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

Chesapeake Utilities Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Chesapeake Utilities's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Chesapeake Utilities (Chesapeake Utilities) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Chesapeake Utilities Corp (NYSE:CPK) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

CH5:Germany

Address

500 Energy Lane, Dover, DE, USA, 19901

Website

https://www.chpk.com

Chesapeake Utilities Corp is a diversified energy delivery company that is engaged in natural gas transmission and distribution, electricity generation and distribution, propane gas distribution, mobile compressed natural gas utility services and solutions and other businesses. The company operates in two reportable segments, Regulated Energy and Unregulated Energy. The company's natural gas and electric distribution operations in Delaware, Maryland and Florida are subject to regulation by their respective PSC. Eastern Shore, its natural gas transmission subsidiary, is subject to regulation by the FERC and Peninsula Pipeline and Aspire Energy Express, its intrastate pipeline subsidiaries, are subject to regulation by the Florida PSC and Public Utilities Commission of Ohio, respectively.

Executives

Jeffery S Sylvester	officer: Senior VP & COO	500 ENERGY LANE, DOVER DE 19901
Thomas J Bresnan	director	1350 S. MILWAUKEE STREET, DENVER CO 80210
Maddock Paul L Jr	director	909 SILVER LAKE BLVD, DOVER DE 19904
Hill Thomas P Jr	director	909 SILVER LAKE BOULEVARD, DOVER DE 19904
Lila A Jaber	director	909 SILVER LAKE BLVD, DOVER DE 19904
John R Schimkaitis	director, other: Chair of the Board	909 SILVER LAKE BLVD., DOVER DE 19904
Kevin J Webber	officer: Senior VP & Chief Dev. Officer	909 SILVER LAKE BLVD, DOVER DE 19904
Stephanie N Gary	director	500 ENERGY LANE, DOVER DE 19901
Lisa Bisaccia	director	ONE CVS DRIVE, WOONSOCKET RI 02895
Michael D Galtman	officer: Senior VP & CAO	500 ENERGY LANE, DOVER DE 19901
Sheree M. Petrone	director	601 TRAVIS STREET, SUITE 1400, HOUSTON TX 77002
Jeffry M Householder	director, other: President & CEO	909 SILVER LAKE BLVD, DOVER DE 19904
Forsythe Ronald G Jr	director	909 SILVER LAKE BOULEVARD, DOVER DE 19904
Dianna Morgan	director	909 SILVER LAKE BLVD, DOVER DE 19904
Beth W Cooper	officer: Executive VP & CFO	CHESAPEAKE UTILITIES CORPORATION, 909 SILVER LAKE BOULEVARD, DOVER DE 19904