Unitil Declares Common Stock Dividend

Rhea-AI Summary

Unitil Corporation (NYSE:UTL) has declared a regular quarterly dividend on its common stock of $0.405 per share. The dividend will be payable on August 28, 2023, to shareholders of record on August 14, 2023. The current effective annualized dividend rate is $1.62 per share.

HAMPTON, N.H., July 26, 2023 (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 $0.405 per share, payable August 28, 2023, to shareholders of record on August 14, 2023. This quarterly dividend results in a current effective annualized dividend rate of $1.62 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 108,100 electric customers and 87,500 natural gas customers. For more information about our people, technologies, and community involvement please visit unitil.com.

For more information please contact:                                                 

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

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

FAQ

What is the dividend amount declared by Unitil Corporation?

Unitil Corporation has declared a dividend of $0.405 per share.

When will the dividend be payable?

The dividend will be payable on August 28, 2023.

When is the record date for the dividend?

The record date for the dividend is August 14, 2023.

What is the current effective annualized dividend rate?

The current effective annualized dividend rate is $1.62 per share.