Chesapeake Energy Corporation Declares Quarterly Common and Preferred Stock Dividends
3/17/2009 2:01 AM
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OKLAHOMA CITY--(BUSINESS WIRE)--Mar. 17, 2009--
Chesapeake Energy Corporation (NYSE:CHK) today announced that its Board
of Directors has declared a $0.075 per share quarterly dividend that
will be paid on April 15, 2009 to common shareholders of record on April
1, 2009. Chesapeake has approximately 624 million common shares
outstanding. In addition, Chesapeake’s Board has declared dividends on
its outstanding convertible preferred stock issues, as stated below.
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Cumulative Convertible Preferred Stock
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5% (2005)
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4.50%
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5% (2005B)
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6.25%
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NYSE Symbol
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N/A
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CHK Pr D
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N/A
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CHK Pr E
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Date of Issue
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April 19, 2005
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Sept. 14, 2005
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Nov. 8, 2005
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June 30, 2006
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Registered CUSIP
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165167859
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165167842
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165167826
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165167818
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144A CUSIP
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165167867
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N/A
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165167834
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N/A
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Par Value per Share
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$0.01
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$0.01
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$0.01
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$0.01
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Shares Outstanding
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5,000
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2,558,900
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2,095,615
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143,768
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Liquidation Preference per Share
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$100
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$100
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$100
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$250
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Record Date
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April 1, 2009
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June 1, 2009
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May 1, 2009
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June 1, 2009
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Payment Date
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April 15, 2009
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June 15, 2009
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May 15, 2009
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June 15, 2009
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Amount per Share
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$1.25
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$1.125
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$1.25
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$3.90625
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Chesapeake Energy Corporation is the largest independent producer of
natural gas in the U.S. Headquartered in Oklahoma City, the
company's operations are focused on exploratory and developmental
drilling and corporate and property acquisitions in the Barnett Shale,
Haynesville Shale, Fayetteville Shale, Marcellus Shale, Anadarko Basin,
Arkoma Basin, Appalachian Basin, Permian Basin, Delaware Basin, South
Texas, Texas Gulf Coast and East Texas regions of the United States. Further
information is available at www.chk.comwww.chk.com.
Source: Chesapeake Energy Corporation
Chesapeake Energy Corporation
INVESTOR
CONTACT:
Jeffrey L. Mobley, CFA, 405-767-4763
Senior
Vice President -
Investor Relations and Research
jeff.mobley@chk.com
or
MEDIA
CONTACT:
Jim Gipson, 405-935-1310
Director – Media
Relations
jim.gipson@chk.com