Unitil Declares Common Stock Dividend
Unitil Corporation (NYSE:UTL) has announced its latest quarterly dividend payment.
Sentiment and the balance of points
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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.
Details
News Market Reaction – UTL
The recorded move for UTL in the trading session of this news was +0.58%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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
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
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