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Unitil Increases Common Stock Dividend

1. Unitil announced a quarterly dividend increase to $0.45 per share. 2. Annualized dividend rises by $0.10 to $1.80 per share. 3. First quarter dividend payable on February 28, 2025. 4. Unitil serves 109,400 electric and 89,100 gas customers in New England.

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Why Bullish?

The dividend increase signals financial strength and could attract more investors.

How important is it?

Dividends are attractive for investors and can influence stock price positively.

Why Short Term?

Investor sentiment may improve quickly due to the immediate dividend declaration.

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UTL
January 29, 2025 16:30 ET  | Source: Unitil Corporation HAMPTON, N.H., Jan. 29, 2025 (GLOBE NEWSWIRE) -- Unitil Corporation (NYSE:UTL) (unitil.com) today announced that its Board of Directors raised the quarterly dividend on the Company’s common stock to $0.45 per share, an increase of $0.025 per share. Today’s action increased the Company’s annualized dividend by $0.10, to $1.80 per share. Also today, the Board declared the first quarter common stock dividend of $0.45 per share, payable February 28, 2025, to shareholders of record on February 13, 2025. About Unitil CorporationUnitil 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 89,100 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 RelationsPhone: 603-773-6466Email: gouldingc@unitil.com Alec O’Meara – External Affairs                                                                                               Phone: 603-773-6404                                 Email: omeara@unitil.com

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