Unitil Corp. (UTL) Raises Quarterly Dividend 1.4% to $0.355; 3.9% Yield

Unitil Corp. (NYSE: UTL) declared a quarterly dividend of $0.355 per share, or $1.42 annualized. This is a 1.4% increase from the prior dividend of $0.35.

The dividend will be payable on February 26, 2016, to stockholders of record on February 12, 2016, with an ex-dividend date of February 10, 2016.

The annual yield on the dividend is 3.9 percent.

“We understand the importance of the dividend to our shareholders. Today we are pleased to report that once again we’ve increased our quarterly dividend rate. This reflects the continued confidence we have in our business plan,” said Robert G. Schoenberger, Unitil’s chairman, president, and chief executive officer.

For a dividend history and other dividend-related data on Unitil Corp. (UTL) click here.

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