Unitil Declares Common Stock Dividend

Date : 03/26/2009 @ 3:04PM
Source : PR Newswire
Stock : Unitil Corp (UTL)
Quote : 23.72  0.51 (2.20%) @ 8:00PM
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Unitil Declares Common Stock Dividend

HAMPTON, N.H., March 26 /PRNewswire-FirstCall/ --

Unitil Corporation (NYSE:UTL) (http://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 15, 2009 to shareholders of record on May 1, 2009. This quarterly dividend results in a current effective annual dividend rate of $1.38 per share.

About Unitil

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

Phone: 603-772-0775

Fax: 603-773-6605

Email:

DATASOURCE: Unitil Corporation

CONTACT: Mark H. Collin of Unitil, +1-603-772-0775, Fax:

+1-603-773-6605,

Web Site: http://www.unitil.com/


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