UTL Unitil dividend history, payout ratio & dates
Unitil's latest dividend of $0.425 per share was on Aug 15, 2024 (ex-date). The annualized dividend distribution of $1.68 per share represents a current dividend yield of 2.88%.
Key dates
- UTL last dividend date: Aug 15, 2024
UTL dividend stats
vs. Utilities sector
Dividend yield
UTL has a dividend yield of 2.88% which is below the Utilities sector, the industry and its peers average. Compared to its Utilities sector average of 3.25%, Unitil's dividend yield is 11% lower. The historical 5-year average of UTL's dividend yield is 3.1%, which is above 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 4.7% since twelve months ago. But with the price of the stock up by 21% from a year ago, the dividend yield has a decrease of 14%.
Recent dividends
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| 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 55.6% which is lower than the Utilities sector, the industry and its peers average. If we compare it with the Utilities sector average of 65%, Unitil's payout ratio is 14% lower.
Total amount of dividends paid per financial year (from cash flow)
UTL dividend vs peer dividends
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| ED Consolidated Edison Inc | 3.2% | $3.3 | 63.8% |
| NI Nisource Inc | 3.15% | $1.05 | 61.8% |
| PEG Public Service Enterprise Group Inc | 2.93% | $2.34 | 70.7% |
| UTL Unitil Corp | 2.88% | $1.68 | 55.6% |
Frequently asked questions
Does Unitil pay a dividend?
Yes, Unitil has been paying dividends for the last 30 years.
When was UTL's last dividend?
Unitil's last dividend ex-date was on Aug 15, 2024. The dividend amount was $0.425 per share.
How much dividend does Unitil pay (per share)?
UTL has paid dividend of $1.68 per share in the last year.
What is Unitil's dividend yield?
The current dividend yield of Unitil is 2.88%.
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 55.6%.
Does Unitil pay a good dividend?
Unitil's dividend yield is below the Utilities sector average.
Special dividends are included in TTM DPS and yield. Data from 
and Sharadar.