Chesapeake Utilities Corporation (CPK) Dividend Analysis

Yes, Chesapeake Utilities pays a regular dividend of about $2.73 per share per year (a yield of roughly 2.0%). That is a payout ratio of about 42.7% of earnings, so it is not currently covered by free cash flow. A low headline yield is not the same as a weak dividend: what matters is how well earnings and cash flow cover the payout, not the percentage alone. The full payout history and per-share figures are on this dividends tab.

Chesapeake Utilities's dividend looks not currently covered by free cash flow, with free cash flow covering the payout about -3.0 times over. Intrinsiqq scores its dividend safety at 40 out of 100, weighing the payout ratio, free-cash-flow coverage and balance-sheet strength. Safety matters more than yield: a payout you can rely on beats a high one you cannot.

Chesapeake Utilities has raised its dividend for about 5 years in a row. Over the past five years the dividend has grown at roughly 11.2% a year. Consistent growth is one of the strongest signals of a durable, shareholder-friendly business, so read the streak alongside coverage on this tab.

Chesapeake Utilities pays out about 42.7% of its earnings as dividends. A lower payout ratio leaves more room to keep raising the dividend and to absorb a bad year, while a very high ratio can signal a payout under pressure. On this measure the dividend is not currently covered by free cash flow. See the dividend-safety breakdown for the free-cash-flow view, which is often more telling than earnings.