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UTL's Dividend Pay out ratio over the 12 Months Period
Cumulative by Quarter, Trailing twelve months
Unitil Corporation 12 Months dividend pay out ratio, in the third quarter 2024, sequentially increased to 58.24% in the third quarter 2024, UTL's commitment to shareholders remain strong.
Within Utilities sector Unitil Corporation achieved the highest 12 Months dividend pay out ratio. While Cumulative dividend pay out ratio ranking remained unchanged in the Third Quarter 2024 compared to previous quarter at no. .
Dividend in Glossary
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| Cumulative Dividend Pay out Ratio |
III. Quarter
(Sep 30 2024) |
II. Quarter
(Jun 30 2024) |
I. Quarter
(Mar 31 2024) |
IV. Quarter
(Dec 31 2023) |
III. Quarter
(Sep 30 2023) |
| UTL's Pay out Ratio (TTM) |
58.24 % |
55.66 % |
55.49 % |
58.49 % |
59.04 % |
| UTL's Dividend Pay out Ratio Total
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News about Unitil Corporation Dividends |
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On October 30, 2024, Unitil Corporation (NYSE: UTL), a key player in the utility sector, announced a quarterly common stock dividend of $0.425 per share. This payout will be distributed on November 29, 2024, to shareholders who are on record as of November 14, 2024. With this declaration, Unitil boasts an effective annualized dividend rate of $1.70 per share??a figure that, while significant, prompts a closer examination of the company?s financial health and comparative position within the utilities industry. The Facts1. Dividend Declaration: Unitil?s Board of Directors approved a quarterly dividend of $0.425 per share, reaffirming their commitment to rewarding shareholders. 2. Payment Schedule: The dividend is scheduled to be paid on November 29, 2024, to those on record by November 14, 2024.
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In a recent press release, Unitil Corporation (NYSE:UTL) announced that its Board of Directors has declared a regular quarterly dividend on the Company's common stock. The dividend of $0.425 per share will be payable on May 31, 2024, to shareholders of record on May 16, 2024. With this announcement, Unitil provides assurance to its investors while reflecting its commitment to delivering stable returns.
Unitil, a public utility holding company that serves customers in New England, has consistently prioritized rewarding its shareholders. This quarterly dividend represents an annualized dividend rate of $1.70 per share, generating considerable interest among current and potential investors.
The declaration of the dividend is a testament to Unitil's financial strength and stability. By providing regular dividends to its shareholders, the company showcases its confidence in its ability to generate consistent cash flow and create long-term value.
Unitil's focus on sustainable growth and commitment to shareholder returns have been evident through its track record of dividend payments. Investors rely on such dividends as a source of passive income, making Unitil an attractive choice for shareholders seeking steady returns on their investments.
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Unitil Corporation Declares Common Stock Dividend and Continues to Show Growth in Dividend Payout
In a recent press release, Unitil Corporation (NYSE:UTL) announced that its Board of Directors has declared a regular quarterly dividend on the Company's common stock of $0.405 per share. This dividend will be payable on November 28, 2023, to shareholders of record on November 14, 2023. With the current dividend rate, the annualized dividend for Unitil Corporation stands at $1.62 per share.
Analyzing the financials, it can be observed that Unitil's 12-month dividend payout ratio witnessed an increase, rising to 59.99 in the second quarter of 2023. Although this increase is positive news for shareholders, it is crucial to note that the ratio remains below the industry average. This indicates that while the company is steadily improving its dividend payments, there is still room for growth and further optimization.
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