Summary
This 8-K filing from Chesapeake Energy Corporation (CHK), dated March 19, 2003, announces the declaration of quarterly dividends for both its common stock and two series of preferred stock. Specifically, a $0.03 per share dividend was declared for common shareholders, with approximately 214 million shares outstanding. Additionally, dividends were declared for the 6.75% Cumulative Convertible Preferred Stock ($0.84375 per share on 2.998 million shares) and the 6.0% Cumulative Convertible Preferred Stock ($0.8333 per share on 4.6 million shares).
Key Highlights
- 1Chesapeake Energy declared a quarterly common stock dividend of $0.03 per share.
- 2The common stock dividend is payable on April 15, 2003, to shareholders of record on April 1, 2003.
- 3A quarterly cash dividend of $0.84375 per share was declared for the 6.75% Cumulative Convertible Preferred Stock.
- 4The 6.75% preferred stock dividend is payable on May 15, 2003, to shareholders of record on May 1, 2003.
- 5A quarterly cash dividend of $0.8333 per share was declared for the 6.0% Cumulative Convertible Preferred Stock.
- 6The 6.0% preferred stock dividend is payable on June 16, 2003, to shareholders of record on June 2, 2003.
- 7The filing also includes standard forward-looking statement disclosures.