Unitil Corporation declared a quarterly dividend of $0.45 per share, payable August 28, 2025, to shareholders of record.
Quiver AI Summary
Unitil Corporation announced that its Board of Directors has declared a quarterly dividend of $0.45 per share on its common stock, which is set to be paid on August 28, 2025, to shareholders who are on record as of August 14, 2025. This dividend translates to an effective annualized rate of $1.80 per share. Unitil Corporation, a public utility holding company serving New England, is dedicated to delivering safe and reliable electricity and natural gas while supporting community initiatives and improving energy efficiency. The company services approximately 109,400 electric customers and 97,600 natural gas customers across Maine, New Hampshire, and Massachusetts.
Potential Positives
- The declaration of a regular quarterly dividend of $0.45 per share demonstrates the company's commitment to returning value to shareholders.
- The effective annualized dividend rate of $1.80 per share indicates a stable income stream, which may attract and retain investors.
- This announcement reflects confidence in the company’s financial health and operational performance, enhancing investor trust.
- Unitil's strong presence in New England with approximately 109,400 electric and 97,600 natural gas customers underlines its significance in the regional energy market.
Potential Negatives
- Declaring a quarterly dividend may indicate that the company is prioritizing shareholder returns over reinvestment in growth or innovation, which could negatively impact long-term performance.
FAQ
What is the latest quarterly dividend declared by Unitil Corporation?
Unitil Corporation declared a quarterly dividend of $0.45 per share.
When will the dividend be payable?
The dividend will be payable on August 28, 2025.
What is the annualized dividend rate for Unitil Corporation?
The current effective annualized dividend rate is $1.80 per share.
Who are the shareholders eligible for the dividend?
Shareholders of record on August 14, 2025, are eligible for the dividend.
Where does Unitil Corporation provide energy services?
Unitil Corporation provides energy services in Maine, New Hampshire, and Massachusetts.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
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Full Release
HAMPTON, N.H., July 29, 2025 (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 $0.45 per share, payable August 28, 2025, to shareholders of record on August 14, 2025. This quarterly dividend results in a current effective annualized dividend rate of $1.80 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 109,400 electric customers and 97,600 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:
[email protected]
Amanda Vicinanzo – External Affairs
Phone: 603-691-7784
Email:
[email protected]
