Unitil Declares Common Stock Dividend

Rhea-AI Summary

Unitil Corporation (NYSE:UTL) has declared a quarterly dividend of $0.38 per share, set to be paid on November 29, 2021, to shareholders on record by November 15, 2021. This results in an annualized dividend rate of $1.52 per share. Unitil provides natural gas and electricity across New England, serving approximately 107,100 electric and 85,600 natural gas customers.

Positive

• Quarterly dividend of $0.38 per share announced, indicating company confidence.
• Annualized dividend rate set at $1.52 per share, appealing for investors.

Negative

• None.

HAMPTON, N.H., Oct. 27, 2021 (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 $0.38 per share, payable November 29, 2021, to shareholders of record on November 15, 2021. This quarterly dividend results in a current effective annualized dividend rate of $1.52 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 107,100 electric customers and 85,600 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 – Media Relations                                                                                               
Phone: 603-773-6404                                
Email: omeara@unitil.com

FAQ

What is the dividend amount declared by Unitil Corporation for Q4 2021?

Unitil Corporation declared a quarterly dividend of $0.38 per share for Q4 2021.

When will the dividend be paid to Unitil shareholders?

The dividend will be paid on November 29, 2021.

What is the annualized dividend rate for Unitil Corporation?

The annualized dividend rate for Unitil Corporation is $1.52 per share.

Who are the shareholders eligible for the dividend?

Shareholders of record on November 15, 2021, will be eligible for the dividend.

How many customers does Unitil Corporation serve?

Unitil serves approximately 107,100 electric customers and 85,600 natural gas customers.