By Denny Jacob
Chesapeake Utilities on Wednesday said its board voted to increase the quarterly cash dividend by a little over 10%, to 59 cents a share, from 53.5 cents.
The energy delivery company said the change raises the 2023 annualized dividend by 22 cents, to $2.36 a share, from $2.14 a share.
The quarterly dividend will be payable on July 5 to shareholders of record at the close of business on June 15, Chesapeake said.
Write to Denny Jacob at denny.jacob@wsj.com
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