Unitil Corp. (UTL) Raises Quarterly Dividend 1.4% to $0.375; 2.4% Yield

Unitil Corp. (NYSE: UTL) declared a quarterly dividend of $0.375 per share, or $1.5 annualized. This is a 1.4% increase from the prior dividend of $0.37.

The dividend will be payable on February 28, 2020, to stockholders of record on February 14, 2020, with an ex-dividend date of February 13, 2020.

The annual yield on the dividend is 2.4 percent.

“Recognizing the importance of the dividend to our shareholders, I’m pleased that we’ve again increased our quarterly dividend rate,” said Thomas P. Meissner, Jr., Unitil’s chairman, president, and chief executive officer. “This continues our unbroken record of quarterly dividend payments since trading began in Unitil’s common stock, and reflects the confidence we have in the outlook for continued growth.”

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

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