Unitil Declares Common Stock Dividend

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Unitil (NYSE:UTL) declared a regular quarterly dividend of $0.425 per share on its common stock, payable on May 31, 2024, to shareholders of record on May 16, 2024. This results in an annualized dividend rate of $1.70 per share. Unitil is a public utility company providing electricity and natural gas in New England.

HAMPTON, N.H., May 01, 2024 (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 $0.425 per share, payable May 31, 2024, to shareholders of record on May 16, 2024. This quarterly dividend results in a current effective annualized dividend rate of $1.70 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 108,500 electric customers and 88,400 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 the dividend amount declared by Unitil ?

Unitil declared a regular quarterly dividend of $0.425 per share on its common stock.

When will the dividend be payable to shareholders?

The dividend will be payable on May 31, 2024, to shareholders of record on May 16, 2024.

What is the annualized dividend rate per share?

The current effective annualized dividend rate is $1.70 per share.

What services does Unitil provide?

Unitil provides electricity and natural gas in New England.

How many customers does Unitil serve?

Unitil serves approximately 108,500 electric customers and 88,400 natural gas customers.