Unitil Co. Declares Quarterly Dividend of $0.37 (NYSE:UTL)
Unitil Co. (NYSE:UTL) announced a quarterly dividend on Wednesday, October 23rd, Zacks reports. Shareholders of record on Wednesday, November 13th will be paid a dividend of 0.37 per share by the utilities provider on Wednesday, November 27th. This represents a $1.48 dividend on an annualized basis and a yield of 2.51%. The ex-dividend date of this dividend is Tuesday, November 12th.
NYSE:UTL opened at $59.05 on Friday. The firm has a market cap of $913.33 million, a P/E ratio of 26.48, a PEG ratio of 6.05 and a beta of 0.05. The company has a current ratio of 0.74, a quick ratio of 0.68 and a debt-to-equity ratio of 1.11. The stock’s 50 day simple moving average is $62.47 and its 200-day simple moving average is $59.65. Unitil has a 12-month low of $47.05 and a 12-month high of $64.53.
Unitil (NYSE:UTL) last released its earnings results on Thursday, October 24th. The utilities provider reported $0.15 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.14 by $0.01. The business had revenue of $85.30 million for the quarter, compared to analyst estimates of $87.00 million. Unitil had a return on equity of 9.27% and a net margin of 9.79%. Research analysts forecast that Unitil will post 2.32 EPS for the current fiscal year.
Unitil Company Profile
Unitil Corporation, a public utility holding company, engages in the distribution of electricity and natural gas in the United States. It operates through three segments: Utility Gas Operations, Utility Electric Operations, and Non-Regulated. The company distributes electricity in the southeastern seacoast and state capital regions of New Hampshire, and the greater Fitchburg area of north central Massachusetts; and distributes natural gas in southeastern New Hampshire, portions of southern Maine to the Lewiston-Auburn area, and in the greater Fitchburg area of north central Massachusetts.
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