Unitil's latest dividend of $0.45 per share was on Feb 13, 2025 (ex-date). The annualized dividend distribution of $1.73 per share represents a current dividend yield of 3.28%. The latest UTL payment of $0.45 marks a dividend growth of 6%.
Key dates
- UTL last dividend date: Feb 13, 2025
UTL dividend stats
vs. Utilities sector
Dividend yield
UTL has a dividend yield of 3.28% which is above the Utilities sector average but below the industry and its peers average. But compared to its Utilities sector average of 3.25%, Unitil's dividend yield is only 0.9% higher. The historical 5-year average of UTL's dividend yield is 3.2%, which is similar to the current yield.
Dividend history
Unitil has a history of paying dividends since 1994. Our records of UTL show that the company has distributed four quarterly dividends in the past year. The annualized dividend per share has an increase of 5% since twelve months ago. And with the price of the stock down by 2.6% from a year ago, the dividend yield has an increase of 8%.
Recent dividends
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| Feb 13, 2025 | $0.45 | 3.06% |
| Nov 14, 2024 | $0.425 | 2.89% |
| Aug 15, 2024 | $0.425 | 2.87% |
| May 15, 2024 | $0.425 | 3.05% |
| Feb 13, 2024 | $0.425 | 3.44% |
| Nov 13, 2023 | $0.405 | 3.43% |
| Aug 11, 2023 | $0.405 | 3.22% |
| May 15, 2023 | $0.405 | 2.8% |
| Feb 13, 2023 | $0.405 | 3.04% |
| Nov 10, 2022 | $0.39 | 2.95% |
| Aug 11, 2022 | $0.39 | 2.83% |
| May 12, 2022 | $0.39 | 2.84% |
| Feb 10, 2022 | $0.39 | 3.17% |
| Nov 12, 2021 | $0.38 | 3.61% |
| Aug 12, 2021 | $0.38 | 3.05% |
| May 13, 2021 | $0.38 | 2.73% |
| Feb 11, 2021 | $0.38 | 3.54% |
| Nov 13, 2020 | $0.375 | 4.18% |
| Aug 13, 2020 | $0.375 | 3.67% |
| May 14, 2020 | $0.375 | 3.32% |
| Feb 13, 2020 | $0.375 | 2.3% |
| Nov 12, 2019 | $0.37 | 2.5% |
| Aug 14, 2019 | $0.37 | 2.53% |
| May 14, 2019 | $0.37 | 2.59% |
| Feb 13, 2019 | $0.37 | 2.78% |
| Nov 14, 2018 | $0.365 | 3.02% |
| Aug 14, 2018 | $0.365 | 2.91% |
| May 14, 2018 | $0.365 | 3.07% |
| Feb 13, 2018 | $0.365 | 3.35% |
| Nov 14, 2017 | $0.36 | 2.84% |
| Aug 11, 2017 | $0.36 | 2.92% |
| May 12, 2017 | $0.36 | 3.07% |
| Feb 10, 2017 | $0.36 | 3.2% |
| Nov 9, 2016 | $0.355 | 3.39% |
| Aug 10, 2016 | $0.355 | 3.39% |
| May 11, 2016 | $0.355 | 3.56% |
| Feb 10, 2016 | $0.355 | 3.53% |
| Nov 10, 2015 | $0.35 | 3.99% |
| Aug 12, 2015 | $0.35 | 3.88% |
| May 12, 2015 | $0.35 | 4.17% |
| Feb 11, 2015 | $0.35 | 3.93% |
Unitil dividend payout ratio
Payout ratio
UTL has a payout ratio of 58.9% which is lower than the Utilities sector, the industry and its peers average. If we compare it with the Utilities sector average of 63.1%, Unitil's payout ratio is 7% lower.
Total amount of dividends paid per financial year (from cash flow)
UTL dividend vs peer dividends
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| NWE Northwestern Corp | 4.82% | $2.61 | 67.8% |
| ED Consolidated Edison Inc | 3.38% | $3.36 | 61.9% |
| UTL Unitil Corp | 3.28% | $1.73 | 58.9% |
| PEG Public Service Enterprise Group Inc | 3.14% | $2.43 | 66.2% |
| NI Nisource Inc | 2.88% | $1.09 | 58.3% |
Frequently asked questions
Does Unitil pay a dividend?
Yes, Unitil has been paying dividends for the last 31 years.
When was UTL's last dividend?
Unitil's last dividend ex-date was on Feb 13, 2025. The dividend amount was $0.45 per share.
How much dividend does Unitil pay (per share)?
UTL has paid dividend of $1.73 per share in the last year.
What is Unitil's dividend yield?
The current dividend yield of Unitil is 3.28%.
How often does Unitil pay dividends?
Unitil has a quarterly dividend frequency.
What is Unitil's dividend payout ratio?
The dividend payout ratio of Unitil is 58.9%.
Does Unitil pay a good dividend?
Unitil's dividend yield is similar to the Utilities sector average.
Special dividends are included in TTM DPS and yield.