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Unitil Corporation, a public utility holding company, engages in the distribution of electricity and natural gas. It operates through three segments: Utility Electric Operations, Utility Gas Operations, and Non-Regulated. The company distributes electricity in the southeastern seacoast and state capital regions of New Hampshire, and the greater Fitchburg area of north central Massachusetts; and distributes natural gas in southeastern New Hampshire and portions of southern and central Maine, including the city of Portland and the Lewiston-Auburn area, as well as the greater Fitchburg area of north central Massachusetts. It also operates 86 miles of interstate underground natural gas transmission pipeline that provides interstate natural gas pipeline access and transportation services primarily in Maine and New Hampshire. In addition, the company provides energy brokering and advisory services to commercial and industrial customers; and real estate management services. It serves approximately 107,700 electric customers and 86,600 natural gas customers. Unitil Corporation was incorporated in 1984 and is headquartered in Hampton, New Hampshire.

Unitil Dividend Announcement

Unitil announced a quarterly dividend of $0.42 per ordinary share which will be made payable on 2024-11-29. Ex dividend date: 2024-11-14
Unitil annual dividend for 2024 was $1.70
Unitil annual dividend for 2023 was $1.62
Unitil's trailing twelve-month (TTM) dividend yield is 2.79%
Unitil's payout ratio for the trailing twelve months (TTM) is 57.87%
Unitil's dividend growth over the last five years (2018-2023) was 2.10% year
Unitil's dividend growth over the last ten years (2013-2023) was 1.62% year

Unitil Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-11-14$0.42quarterly2024-11-29
2024-08-15$0.42quarterly2024-08-29
2024-05-15$0.42quarterly2024-05-31
2024-02-13$0.42quarterly2024-02-29
2023-11-13$0.41quarterly2023-11-28
2023-08-11$0.41quarterly2023-08-28
2023-05-15$0.41quarterly2023-05-30
2023-02-13$0.41quarterly2023-02-28
2022-11-10$0.39quarterly2022-11-28
2022-08-11$0.39quarterly2022-08-26
2022-05-12$0.39quarterly2022-05-27
2022-02-10$0.39quarterly2022-02-25
2021-11-12$0.38quarterly2021-11-29
2021-08-12$0.38quarterly2021-08-27
2021-05-13$0.38quarterly2021-05-28
2021-02-11$0.38quarterly2021-02-26
2020-11-13$0.38quarterly2020-11-30
2020-08-13$0.38quarterly2020-08-28
2020-05-14$0.38quarterly2020-05-29
2020-02-13$0.38quarterly2020-02-28
2019-11-12$0.37quarterly2019-11-27
2019-08-14$0.37quarterly2019-08-29
2019-05-14$0.37quarterly2019-05-29
2019-02-13$0.37quarterly2019-02-28
2018-11-14$0.36quarterly2018-11-29
2018-08-14$0.36quarterly2018-08-29
2018-05-14$0.36quarterly2018-05-29
2018-02-13$0.36quarterly2018-02-28
2017-11-14$0.36quarterly2017-11-29
2017-08-11$0.36quarterly2017-08-29
2017-05-12$0.36quarterly2017-05-30
2017-02-10$0.36quarterly2017-02-28
2016-11-09$0.35quarterly2016-11-28
2016-08-10$0.35quarterly2016-08-26
2016-05-11$0.35quarterly2016-05-27
2016-02-10$0.35quarterly2016-02-26
2015-11-10$0.35quarterly2015-11-27
2015-08-12$0.35quarterly2015-08-28
2015-05-12$0.35quarterly2015-05-28
2015-02-11$0.35quarterly2015-02-27
2014-11-12$0.34quarterly2014-11-28
2014-08-13$0.34quarterly2014-08-29
2014-05-13$0.34quarterly2014-05-29
2014-02-12$0.34quarterly2014-02-28
2013-10-30$0.34quarterly2013-11-15
2013-07-30$0.34quarterly2013-08-15
2013-04-29$0.34quarterly2013-05-15
2013-01-30$0.34quarterly2013-02-15

Unitil Dividend per year

Unitil Dividend growth

Unitil Dividend Yield

Unitil current trailing twelve-month (TTM) dividend yield is 2.79%. Interested in purchasing Unitil stock? Use our calculator to estimate your expected dividend yield:

Unitil Financial Ratios

P/E ratio20.65
PEG ratio5.78
P/B ratio1.93
ROE9.35%
Payout ratio57.87%
Current ratio0.91
Quick ratio0.82
Cash Ratio0.04

Unitil Dividend FAQ

How much is the next Unitil dividend?
Unitil's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Unitil dividend. The next Unitil dividend will be released in February, May, August, or November.
When is Unitil dividend paid?
Unitil pays dividends on a quarterly basis. The specific dates may vary each year but are generally around February, May, August, and November. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Unitil pay?
The specific amount of Unitil dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Unitil's dividend history.
Does Unitil stock pay dividends?
Yes, Unitil does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Unitil's dividend history.
How much dividend does Unitil pay?
Unitil paid $1.7 in 2024, $1.62 in 2023, $1.56 in 2022, $1.52 in 2021, and $1.5 in 2020.
How often does Unitil pay dividends?
Unitil typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around February, May, August, and November.
What is Unitil's dividend yield?
The current dividend yield for Unitil is 2.79%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Unitil's exact dividend yield.
When does Unitil go ex dividend?
Unitil's ex-dividend date for the latest dividend was on 2024-11-14. Unitil typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Unitil dividend paid?
Unitil pays dividends on a quarterly basis, typically around February, May, August, or November, but the exact dates can vary each year.
Will Unitil increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Unitil will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Unitil dividend per share?
Unitil paid $1.7 per share in 2024 and $1.62 per share in 2023. The amount of dividend per share that Unitil pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Unitil a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Unitil a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Unitil a dividend stock?
Yes, Unitil is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Unitil a good dividend stock?
Whether Unitil is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Unitil has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Unitil as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does Unitil pay dividends monthly?
Unitil typically pays dividends on a quarterly basis.
Does Unitil pay dividends quarterly?
Unitil currently pays dividends on a quarterly basis.
Has Unitil ever paid a dividend?
Yes, Unitil has a history of paying dividends to its shareholders. Unitil is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Unitil dividend stocks?
To buy Unitil you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.

Place an order: Use the brokerage's trading platform to place an order to buy Unitil stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Unitil pay dividends 2024?
Unitil pays dividends on a quarterly basis. 2024 dividend payments are in 2024-11-29. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Unitil increase its dividend in 2024?
Decisions regarding Unitil dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Unitil dividend overview you can look into the above table of dividend history.
How Unitil dividend works?
The Unitil dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Unitil's dividend process works:

1. Determination of Dividend: Unitil's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.

2. Dividend Declaration: Once the board approves a dividend, Unitil publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.

3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.

4. Payment Date: On the designated payment date, Unitil distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.

5. Tax Implications: Dividends received from Unitil are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are Unitil dividends paid?
Unitil dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Unitil sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.

2. Payment Date: On the designated payment date, Unitil distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: Unitil declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does Unitil pay dividends?
Unitil typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Unitil pay dividends?
The general pattern is that Unitil pays dividends around February, May, August, and November. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Unitil dividend safe?
The safety of Unitil's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.

To assess the safety of Unitil's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.

It is recommended to review Unitil's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.