Unitil Declares Common Stock Dividend

Rhea-AI Summary

Unitil Corporation (NYSE: UTL) declared a quarterly dividend of $0.375 per share, payable on November 30, 2020, to shareholders of record on November 16, 2020. This results in an annualized dividend rate of $1.50 per share. Unitil provides energy services across New England, serving approximately 106,100 electric and 83,900 natural gas customers, focusing on reliable energy delivery and community commitment.

Positive

• Quarterly dividend declared at $0.375 per share.
• Annualized dividend rate increases to $1.50 per share.

Negative

• None.

HAMPTON, N.H., Oct. 28, 2020 (GLOBE NEWSWIRE) -- Unitil Corporation (NYSE:UTL) (www.unitil.com) today announced that its Board of Directors declared the regular quarterly dividend on the Company’s common stock of $0.375 per share, payable November 30, 2020, to shareholders of record on November 16, 2020. This quarterly dividend results in a current effective annualized dividend rate of $1.50 per share.

About Unitil Corporation
Unitil Corporation provides energy for life by safely and reliably delivering natural gas and electricity 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 106,100 electric customers and 83,900 natural gas customers. For more information about our people, technologies, and community involvement please visit www.unitil.com.

For more information please contact:                                                 

Todd Diggins – Investor Relations
Phone: 603-773-6504
Email: diggins@unitil.com 

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

FAQ

What is the dividend amount for Unitil Corporation (UTL)?

The dividend amount for Unitil Corporation is $0.375 per share.

When is the dividend payment date for UTL?

The dividend payment date for Unitil Corporation is November 30, 2020.

What is the record date for the UTL dividend?

The record date for the UTL dividend is November 16, 2020.

What is the annualized dividend rate for Unitil Corporation?

The annualized dividend rate for Unitil Corporation is $1.50 per share.

How many customers does Unitil serve?

Unitil serves approximately 106,100 electric customers and 83,900 natural gas customers.