Unitil Declares Common Stock Dividend

Rhea-AI Summary

Unitil (NYSE:UTL) has declared its regular quarterly dividend of $0.425 per share, payable on November 29, 2024, to shareholders of record as of November 14, 2024. This quarterly payout establishes an effective annualized dividend rate of $1.70 per share. Unitil, a public utility holding company operating in Maine, New Hampshire and Massachusetts, serves approximately 108,500 electric customers and 88,400 natural gas customers across New England.

Positive

• Maintains consistent quarterly dividend payment of $0.425 per share
• Strong customer base with 108,500 electric and 88,400 natural gas customers
• Operates in multiple New England states, providing geographic diversification

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• None.

HAMPTON, N.H., Oct. 30, 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 November 29, 2024, to shareholders of record on November 14, 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 Unitil's (UTL) quarterly dividend payment for Q4 2024?

Unitil's quarterly dividend payment for Q4 2024 is $0.425 per share.

When is Unitil's (UTL) next dividend payment date?

Unitil's next dividend payment date is November 29, 2024, for shareholders of record as of November 14, 2024.

What is Unitil's (UTL) annual dividend rate for 2024?

Unitil's current effective annualized dividend rate is $1.70 per share.

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

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