Unitil Declares Common Stock Dividend

Rhea-AI Summary

Unitil Corporation (NYSE:UTL) has announced its latest quarterly dividend payment. The company's Board of Directors has declared a regular quarterly dividend of $0.45 per share, which will be paid on May 30, 2025, to shareholders of record as of May 15, 2025. This quarterly distribution translates to an effective annualized dividend rate of $1.80 per share.

Unitil serves as a public utility holding company operating across New England, with operations in Maine, New Hampshire, and Massachusetts. The company's core business involves the safe and reliable delivery of electricity and natural gas to its customer base, which includes approximately 109,400 electric customers and 97,600 natural gas customers. Unitil emphasizes its commitment to community service, employee development, and technological advancement in energy delivery efficiency.

Positive

• Maintained regular quarterly dividend of $0.45 per share
• Stable annualized dividend rate of $1.80 per share
• Strong customer base with 109,400 electric and 97,600 natural gas customers
• Diversified operations across three New England states

Negative

• None.

HAMPTON, N.H., April 30, 2025 (GLOBE NEWSWIRE) -- Unitil Corporation (NYSE:UTL) (unitil.com) today announced that its Board of Directors declared the regular quarterly dividend on the Company’s common stock of $0.45 per share, payable May 30, 2025, to shareholders of record on May 15, 2025. This quarterly dividend results in a current effective annualized dividend rate of $1.80 per share.

About Unitil Corporation
Unitil Corporation provides energy for life by safely and reliably delivering electricity and natural gas in New England. We are committed to the communities we serve and to developing people, business practices, and technologies that lead to the delivery of dependable, more efficient energy. Unitil Corporation is a public utility holding company with operations in Maine, New Hampshire and Massachusetts. Together, Unitil’s operating utilities serve approximately 109,400 electric customers and 97,600 natural gas customers. For more information about our people, technologies, and community involvement please visit unitil.com.

For more information please contact:                                                 

Christopher Goulding – Investor Relations
Phone: 603-773-6466
Email: gouldingc@unitil.com

Alec O’Meara – External Affairs                                                                                               
Phone: 603-773-6404                                
Email: omeara@unitil.com

FAQ

What is Unitil's (UTL) dividend amount for Q2 2025?

Unitil (UTL) declared a quarterly dividend of $0.45 per share, payable on May 30, 2025, to shareholders of record as of May 15, 2025.

What is Unitil's (UTL) annual dividend rate in 2025?

Unitil's current effective annualized dividend rate is $1.80 per share, based on the quarterly dividend of $0.45 per share.

When is the ex-dividend date for Unitil's (UTL) Q2 2025 dividend?

Based on the May 15, 2025 record date, the ex-dividend date would be one business day before the record date. The payment date is May 30, 2025.

How many customers does Unitil (UTL) serve in New England?

Unitil serves approximately 109,400 electric customers and 97,600 natural gas customers across Maine, New Hampshire, and Massachusetts.

What states does Unitil (UTL) operate in?

Unitil operates its utility services in three New England states: Maine, New Hampshire, and Massachusetts.