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Chesapeake Utilities gets a "Strong-Buy" rating despite missing earnings, announces $0.64 dividend.
Chesapeake Utilities (CPK) received a "Strong-Buy" rating upgrade from Ladenburg Thalmann/Shore & Segans, despite missing recent earnings estimates.
The company has a market cap of $3 billion and operates in natural gas and electric distribution.
It also announced a quarterly dividend of $0.64 per share, yielding 1.96%.
Institutional investors have recently increased their holdings in the company.
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Chesapeake Utilities obtiene una calificación de "compra fuerte" a pesar de las ganancias perdidas, anuncia un dividendo de $0.64.