Chesapeake Energy’s declared a dividend for the fourth quarter on some of its preferred stock.
The Board of Directors made the move in an announcement on Friday, Jan. 18.
The largest payout will involve more than 2,558,900 shares.
| 4.50% | 5% | 5.75% | 5.75% (Series A) | |
| NYSE Symbol | CHK Pr D | N/A | N/A | N/A |
| Date of Original Issue | September 14, 2005 | November 8, 2005 | May 17, 2010 | May 17, 2010 |
| Registered CUSIP | 165167842 | 165167826 | 165167768 | 165167750 |
| 144A CUSIP | N/A | 165167834 | 165167776 | 165167784 |
| RegS CUSIP | N/A | N/A | U16450204 | U16450113 |
| Clean (no legends) CUSIP | N/A | N/A | 165167768 | 165167750 |
| Par Value per Share | $0.01 | $0.01 | $0.01 | $0.01 |
| Shares Outstanding | 2,558,900 | 1,810,667 | 770,528 | 463,363 |
| Liquidation Preference per Share | $100 | $100 | $1,000 | $1,000 |
| Record Date | March 1, 2019 | February 1, 2019 | February 1, 2019 | February 1, 2019 |
| Payment Date | March 15, 2019 | February 15, 2019 | February 15, 2019 | February 15, 2019 |
| Amount per Share | $1.125 | $1.25 | $14.375 | $14.375 |
At the same time, Chesapeake announced that it will release its 2018 fourth quarter and year-end operational and financial results before the open of markets on Wednesday, Feb. 27, 2019.
A conference call by management will be held the same day beginning at 8 a.m. Central Time.
In October 2018, the company reported third quarter net income of $85 million and net income available to common stockholders of $60 million or 7-cents a share. The company’s earnings before interest and taxes was $504 million.