Money Matters - Simplified

Chesapeake Energy Corporation declares quarterly dividend

Chesapeake Energy Corporation, one of the nation's largest producers of natural gas Monday announced a $0.075 per share quarterly dividend.

The dividend will be paid on July 15, 2010 to common shareholders.

In addition to the dividend, Chesapeake also announced dividends on its outstanding convertible preferred stock issues. The company has around 652 million common shares outstanding.

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