Unitil Declares Common Stock Dividend
Hampton, NH - January 15, 2009 - Unitil Corporation (NYSE:UTL) (www.unitil.com) today announced that its Board of Directors declared the regular quarterly dividend on the Company's common stock of $0.345 per share, payable on February 16, 2009 to shareholders of record on February 2, 2009. This quarterly dividend results in a current effective annual dividend rate of $1.38 per share.
Unitil is a public utility holding company with subsidiaries providing electric and gas distribution service in New Hampshire and Massachusetts, gas distribution service in Maine and energy services throughout the northeast. Unitil has approximately 430 employees and serves approximately 167,000 utility customers in three states. Its utility affiliates include Unitil Energy Systems, Inc., Fitchburg Gas and Electric Light Company, Northern Utilities, Inc. and Granite State Gas Transmission, Inc. Its other subsidiaries include Unitil Service Corp. and its non-regulated business segment Unitil Resources, Inc. Usource L.L.C. is a subsidiary of Unitil Resources, Inc.
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