Chesapeake Utilities Corporation
CPK22 yrs growthUtilities · Stock · quarterly payer
Forward Yield
2.41%
Annual Dividend
$2.94
Payout Ratio
44%
5-Yr Growth
9.3%
Ex-Date
Jun 15, 2026
Frequency
Quarterly
Summary
As of June 2026, Chesapeake Utilities Corporation (CPK) yields 2.41% ($2.94 per share annually), with a blended fair-value estimate of $103.14 — -17% downside, so it screens as overvalued. Dividend safety grade: A (91/100). 22 years of dividend growth.
Is CPK a good dividend stock?
YesChesapeake Utilities Corporation (CPK) pays a quarterly dividend yielding 2.41% ($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 (44%)
- Strong 9.3% 5-yr dividend growth
- Top-tier dividend safety score
Risks
- Single-stock concentration risk — diversify
Key Data
- Dividend Yield
- 2.41%
- Payout Ratio
- 44%
- Annual Dividend
- $2.94
- 5-Yr Avg Growth
- 9.3%
- Ex-Dividend Date
- Jun 15, 2026
- Years of Growth
- 22
- Frequency
- quarterly
- Beta
- 0.70
- Market Cap
- $2.9B
- P/E Ratio
- 19.6
- 5-Yr Total Return
- 3%
- 52-Week Range
- $117.64 – $140.59
- Dividend Safety
- A · 91/100
- Ever Cut?
- No
Frequently Asked Questions
CPK Price — Last 12 Months
Daily close
Price Return
1 Year
+3%
3 Years
+4%
5 Years
+3%
52-Week Range
$117.64 – $140.59
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is CPK worth?
Overvaluedmedium confidenceOur blended fair-value estimate for Chesapeake Utilities Corporation is $103.14 per share, versus a market price of $123.55. That implies 17% of downside.
Fair Value
$103.14
Current Price
$123.55
Downside
-17%
Margin of Safety
-20%
How we get there
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about 40.0% annual free-cash-flow growth. We model 8.0% — so the price already assumes faster growth than we think is likely.
Assumptions: 7.8% discount rate (CAPM), 8.0% stage-1 growth, 2.5% terminal growth, $6.23 EPS, $2.94 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
CPK Dividend Safety Score
Very Safe
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Jun 15, 2026 | — | $0.7350 | regular |
| Mar 16, 2026 | — | $0.6850 | regular |
| Dec 15, 2025 | — | $0.6850 | regular |
| Sep 15, 2025 | — | $0.6850 | regular |
| Jun 16, 2025 | — | $0.6850 | regular |
| Mar 14, 2025 | — | $0.6400 | regular |
| Dec 16, 2024 | — | $0.6400 | regular |
| Sep 16, 2024 | — | $0.6400 | regular |
| Jun 14, 2024 | — | $0.6400 | regular |
| Mar 14, 2024 | — | $0.5900 | regular |
| Dec 14, 2023 | — | $0.5900 | regular |
| Sep 14, 2023 | — | $0.5900 | regular |
| Jun 14, 2023 | — | $0.5900 | regular |
| Mar 14, 2023 | — | $0.5350 | regular |
Income Calculator
At $2.94 / yr per share
