Core Viewpoint - Unitil Corporation has elected Jane Lewis-Raymond to its Board of Directors as part of its succession planning process in anticipation of upcoming retirements [1][3] Group 1: Board Appointment - Jane Lewis-Raymond will stand for election by shareholders at the next annual meeting in April 2025 [1] - The appointment is part of the Board's normal succession planning due to directors reaching the mandatory retirement age of 75 [1] Group 2: Background of Jane Lewis-Raymond - Ms. Lewis-Raymond is the principal of Hilltop Strategies, LLC, providing strategic consulting services across various industries [2] - She has extensive experience in the natural gas utility sector, with expertise in corporate governance, community relations, cybersecurity, data privacy, safety, and corporate ESG programs [2] - Previously, she held senior positions at Piedmont Natural Gas Company and the American Gas Association, and she is currently on the Board of Southwest Gas Holdings, Inc. [2] Group 3: Company Overview - Unitil Corporation delivers electricity and natural gas in New England, serving approximately 108,500 electric customers and 88,400 natural gas customers [3] - The company is committed to community service and developing efficient energy delivery practices [3]

Core Insights - Unitil Corporation released its 2024 Corporate Sustainability and Responsibility Report, highlighting successes in 2023 and ongoing initiatives for 2024, focusing on environmental sustainability, human capital management, safety, reliability, and customer engagement [1][2] Sustainability Initiatives - The report emphasizes key initiatives such as carbon reduction, environmental stewardship, operational safety, employee development, diversity, equity, inclusion, and customer satisfaction [2] - The CSR aligns with SASB reporting standards and includes industry-specific metrics based on templates from the American Gas Association and Edison Electric Institute [2] Company Overview - Unitil Corporation operates as a public utility holding company in Maine, New Hampshire, and Massachusetts, providing electricity and natural gas to approximately 108,500 electric customers and 88,400 natural gas customers [4]

Core Points - Unitil Corporation is set to release its third quarter 2024 earnings on November 4, 2024, after market close [1] - A conference call and webcast to discuss the quarterly results will take place on November 5, 2024, at 10:00 a.m. (ET) [1] - The company serves approximately 108,500 electric customers and 88,400 natural gas customers across Maine, New Hampshire, and Massachusetts [1] Company Overview - Unitil Corporation is a public utility holding company focused on delivering electricity and natural gas in New England [1] - The company emphasizes its commitment to community service and the development of efficient energy delivery practices and technologies [1]

Company Overview - Unitil (UTL) is a utility stock headquartered in Hampton, which has experienced a price change of 13.54% this year [3] - The company currently pays a dividend of $0.43 per share, resulting in a dividend yield of 2.85%, which is lower than the Utility - Electric Power industry's yield of 3.24% and the S&P 500's yield of 1.52% [3] Dividend Performance - Unitil's annualized dividend is $1.70, reflecting a 4.9% increase from the previous year [4] - Over the past five years, Unitil has raised its dividend five times, achieving an average annual increase of 2.77% [4] - The company's current payout ratio is 56%, indicating that it distributes 56% of its trailing 12-month earnings per share as dividends [4] Earnings Growth Expectations - For the fiscal year 2024, the Zacks Consensus Estimate projects earnings of $2.92 per share, which corresponds to a year-over-year earnings growth rate of 3.55% [5] Investment Considerations - Dividends are favored by investors as they enhance stock investing profits, reduce overall portfolio risk, and offer tax advantages [6] - High-growth firms or tech start-ups typically do not provide dividends, while larger, established companies are often viewed as better dividend options [7] - UTL is considered a compelling investment opportunity due to its strong dividend profile and current Zacks Rank of 3 (Hold) [7]

Unitil (UTL) came out with quarterly earnings of $0.27 per share, beating the Zacks Consensus Estimate of $0.23 per share. This compares to earnings of $0.25 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of 17.39%. A quarter ago, it was expected that this utility would post earnings of $1.58 per share when it actually produced earnings of $1.69, delivering a surprise of 6.96%. Over the last four quarters, the company has surpas ...

HAMPTON, N.H., Aug. 06, 2024 (GLOBE NEWSWIRE) -- Unitil Corporation (NYSE: UTL) (unitil.com) today announced Net Income of $4.3 million, or $0.27 in Earnings Per Share (EPS) for the second quarter of 2024, an increase of $0.1 million in Net Income, or $0.02 in EPS, compared to the second quarter of 2023. For the six months ended June 30, 2024, the Company reported Net Income of $31.5 million, or $1.96 in Earnings Per Share (EPS), an increase of $3.2 million in Net Income, or $0.20 in EPS, compared to the fi ...

HAMPTON, N.H., Aug. 06, 2024 (GLOBE NEWSWIRE) -- Unitil Corporation (NYSE: UTL) (unitil.com) today announced Net Income of $4.3 million, or $0.27 in Earnings Per Share (EPS) for the second quarter of 2024, an increase of $0.1 million in Net Income, or $0.02 in EPS, compared to the second quarter of 2023. For the six months ended June 30, 2024, the Company reported Net Income of $31.5 million, or $1.96 in Earnings Per Share (EPS), an increase of $3.2 million in Net Income, or $0.20 in EPS, compared to the fi ...

Group 1 - Unitil Corporation declared a quarterly dividend of $0.425 per share, payable on August 29, 2024, to shareholders of record on August 15, 2024, resulting in an annualized dividend rate of $1.70 per share [1] - Unitil Corporation operates as a public utility holding company providing electricity and natural gas in New England, specifically in Maine, New Hampshire, and Massachusetts [2] - The company serves approximately 108,500 electric customers and 88,400 natural gas customers across its operating utilities [2]

HAMPTON, N.H., July 23, 2024 (GLOBE NEWSWIRE) -- Unitil Corporation (NYSE:UTL) (unitil.com) has scheduled the release of its second quarter 2024 earnings before the market opens on August 6, 2024. Unitil will host its conference call and webcast later that day at 2:00 p.m. (ET) to review its quarterly results. Related presentation materials will be available before the call on the Company's Investors page at investors.unitil.com. The conference call will be broadcast live in listen-only mode on the Company' ...

Company Overview - Unitil Corporation is a public utility holding company that provides electricity and natural gas in New England, specifically in Maine, New Hampshire, and Massachusetts [2] - The company serves approximately 108,500 electric customers and 88,400 natural gas customers, emphasizing its commitment to community service and efficient energy delivery [2] Upcoming Events - Unitil Corporation is scheduled to release its second quarter 2024 earnings on August 6, 2024, before the market opens [3] - A conference call and webcast will be held on the same day at 2:00 p.m. (ET) to discuss the quarterly results, with related presentation materials available beforehand [3]