Unitil Declares Common Stock Dividend

01/18/2011

HAMPTON, N.H., Jan. 18, 2011 /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 February 15, 2011 to shareholders of record on February 1, 2011. This quarterly dividend results in a current effective annual dividend rate of $1.38 per share.

 

About Unitil

Unitil provides for the necessities of life, safely and reliably delivering natural gas and electricity throughout northern New England. We are committed to the communities we serve and to developing people, business practices, and technologies that lead to dependable, more efficient energy.Unitil is a public utility holding company with affiliates that include Unitil Energy Systems, Inc., Fitchburg Gas and Electric Light Company, Northern Utilities, Inc., and Granite State Gas Transmission, Inc. Together, Unitil's operating utilities serve approximately 100,900 electric customers and 70,800 natural gas customers. Other subsidiaries include Unitil Service Corp. and Usource, Unitil's non-regulated business segment. For more information about our people, technologies, and community involvement please visit www.unitil.com.

Contact:

David Chong - Investor Relations

 
 

Phone: 603-773-6499

 
 

Email: chong@unitil.com

 
     
 

Alec O'Meara - Media Relations

 
 

Phone: 603-773-6404

 
 

Email: omeara@unitil.com

 
   

SOURCE Unitil