Unitil Declares Common Stock Dividend
HAMPTON, N.H., March 25, 2010 /PRNewswire via COMTEX/ -- 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 May 14, 2010 to shareholders of record on April 30, 2010. 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 serves approximately 170,000 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.
Contact: Mark H. Collin
SOURCE Unitil Corporation