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 2.94%.
UTL has a dividend yield of 2.94% which is below the Utilities sector, the industry and its peers average. Compared to its Utilities sector average of 3.26%, Unitil's dividend yield is 10% lower. The historical 5-year average of UTL's dividend yield is 3.1%, which is above the current yield.
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 25% from a year ago, the dividend yield has a decrease of 16%.
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% |
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.
Name | Dividend yield | DPS | Payout ratio |
---|---|---|---|
NWE Northwestern Corp | 4.75% | $2.59 | 75.5% |
ED Consolidated Edison Inc | 3.25% | $3.3 | 63.8% |
NI Nisource Inc | 3.1% | $1.05 | 61.8% |
UTL Unitil Corp | 2.94% | $1.68 | 55.6% |
PEG Public Service Enterprise Group Inc | 2.67% | $2.37 | 71.6% |
Yes, Unitil has been paying dividends for the last 30 years.
Unitil's last dividend ex-date was on Aug 15, 2024. The dividend amount was $0.425 per share.
UTL has paid dividend of $1.68 per share in the last year.
The current dividend yield of Unitil is 2.94%.
Unitil has a quarterly dividend frequency.
The dividend payout ratio of Unitil is 55.6%.
Unitil's dividend yield is below the Utilities sector average.
Special dividends are included in TTM DPS and yield. Data from and Sharadar.