SmarterDividends
UTL

Unitil Corporation

UTL

Utilities · Utilities - Diversified · Stock · quarterly payer

$54.07

Fairly valued · -1% Add to Portfolio

Forward Yield

3.51%

Annual Dividend

$1.90

Payout Ratio

58%

5-Yr Growth

3.7%

Ex-Date

Aug 17, 2026

Frequency

Quarterly

Key facts about UTL's dividend

Data as of · Source: SmarterDividends data

  • As of Oct 18, 2026, Unitil Corporation (UTL) has a forward dividend yield of 3.51%, based on an annual dividend of $1.90 per share and a share price of $54.07.
  • As of Oct 18, 2026, UTL's dividend safety grade from SmarterDividends is A (90 out of 100), which rates the dividend as very safe.
  • By SmarterDividends' count, Unitil Corporation (UTL) has raised its dividend for 11 consecutive years as of Oct 18, 2026.
  • UTL has never cut its regular dividend in the payment history SmarterDividends has on record.
  • UTL's most recent ex-dividend date was Aug 17, 2026, for a dividend of $0.48 per share.
  • As of Oct 18, 2026, UTL pays out 58% of its trailing 12-month earnings as dividends (its payout ratio).
  • UTL's dividend has grown at an average rate of 3.7% a year over the past five years.
  • As of Oct 18, 2026, UTL's 3.51% yield is 10% above its five-year average yield of 3.18%.
  • As of Oct 18, 2026, SmarterDividends' blended fair-value estimate for UTL is $53.26 per share, 1% below the $54.07 share price, so UTL screens as fairly valued.
  • Unitil Corporation (UTL) pays its dividend quarterly, 4 times a year.
  • Unitil Corporation (UTL) has raised its regular dividend 25 times and cut it 0 times across the 160 payments on record since 1987. Its most recent change was a 5.6% increase to $0.475 per share, going ex-dividend on Feb 12, 2026.
Cite this page

SmarterDividends, "UTL Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 18, 2026, https://smarterdividends.com/stocks/UTL

Summary

As of Oct 18, 2026, Unitil Corporation (UTL) yields 3.51% ($1.90 a year per share), has a dividend safety grade of A (90/100) and has 11 consecutive years of dividend increases on record.

Is UTL a good dividend stock?

Yes

Unitil Corporation (UTL) pays a quarterly dividend yielding 3.51% ($1.90/yr), with 11 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.

Advantages

  • 11 consecutive years of dividend growth
  • Never cut its dividend on record
  • Comfortable payout ratio (58%)
  • Top-tier dividend safety score

Risks

  • Single-stock concentration risk — diversify

Key Data

Dividend Yield
3.51%
Payout Ratio
58%
Annual Dividend
$1.90
5-Yr Avg Growth
3.7%
Ex-Dividend Date
Aug 17, 2026
Years of Growth
11
Frequency
quarterly
Beta
0.25
Market Cap
$986.1M
P/E Ratio
17.1
5-Yr Total Return
30%
52-Week Range
$46.91 – $57.26
Dividend Safety
A · 90/100
Ever Cut?
No

UTL dividend raises and cuts

Unitil Corporation (UTL) has raised its regular dividend 25 times and cut it 0 times across the 160 payments on record since 1987. Its most recent change was a 5.6% increase to $0.475 per share, going ex-dividend on Feb 12, 2026.

Ex-dateChangeOld → newMove
Feb 12, 2026Raise$0.450 → $0.475+5.6%
Feb 13, 2025Raise$0.425 → $0.450+5.9%
Feb 13, 2024Raise$0.405 → $0.425+4.9%
Feb 13, 2023Raise$0.390 → $0.405+3.8%
Feb 10, 2022Raise$0.380 → $0.390+2.6%
Feb 11, 2021Raise$0.375 → $0.380+1.3%
Feb 13, 2020Raise$0.370 → $0.375+1.4%
Feb 13, 2019Raise$0.365 → $0.370+1.4%
Feb 13, 2018Raise$0.360 → $0.365+1.4%
Feb 10, 2017Raise$0.355 → $0.360+1.4%
Feb 10, 2016Raise$0.350 → $0.355+1.4%
Feb 11, 2015Raise$0.345 → $0.350+1.4%
Show all 25 changes since 1987
Ex-dateChangeOld → newMove
Jan 28, 1999Raise$0.340 → $0.345+1.5%
Jan 28, 1998Raise$0.335 → $0.340+1.5%
Jan 29, 1997Raise$0.330 → $0.335+1.5%
Jan 30, 1996Raise$0.320 → $0.330+3.1%
Jan 26, 1995Raise$0.310 → $0.320+3.2%
Jan 26, 1994Raise$0.290 → $0.310+6.9%
Apr 27, 1993Raise$0.280 → $0.290+3.6%
May 4, 1992Raise$0.252 → $0.280+11.0%
Oct 29, 1990Raise$0.248 → $0.252+1.8%
Apr 27, 1990Raise$0.234 → $0.248+5.8%
Oct 28, 1988Raise$0.230 → $0.234+2.0%
Apr 27, 1988Raise$0.221 → $0.230+4.1%
Oct 28, 1987Raise$0.212 → $0.221+4.3%
Every UTL payment →Download every raise and cut (CSV)
UTL ex-dividend date & scheduleNext ex-date Aug 17, 2026 · full ex-dividend historyView →UTL dividend historyEvery payment, totals by year, raises and cutsView →

Frequently Asked Questions

Is UTL a good dividend stock?

Yes. Unitil Corporation (UTL) pays a quarterly dividend yielding 3.51% ($1.90/yr), with 11 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.

Is UTL undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, UTL's fair value is about $53.26 versus a $54.07 share price — so it looks fairly valued (-1% vs. fair value).

Is UTL's dividend safe?

UTL has a dividend-safety grade of A (90/100), based on its payout coverage, free-cash-flow, 11-year growth streak, a clean no-cut history, debt and yield-versus-history.

What is UTL's fair value?

Our blended fair-value estimate for UTL is about $53.26 per share, about 1% below the current $54.07 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is UTL a buy, hold, or sell?

We don't issue formal ratings, but on the data UTL screens as "yes" and fairly valued. Unitil Corporation (UTL) pays a quarterly dividend yielding 3.51% ($1.90/yr), with 11 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding. This is research for your own analysis, not investment advice.

Will UTL cut its dividend?

UTL earns a dividend-safety grade of A (90/100), with no dividend cut on record. A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

Does UTL pay a dividend?

Yes. Unitil Corporation pays a quarterly dividend of about $1.90 per share annually, a forward yield of roughly 3.51%.

What is UTL's dividend yield?

As of Oct 18, 2026, UTL's forward dividend yield is 3.51%, based on a $1.90 annual dividend and a $54.07 share price.

What is UTL's dividend per share?

As of Oct 18, 2026, UTL pays $1.90 per share per year, distributed on a quarterly basis.

What is UTL's dividend payout ratio?

As of Oct 18, 2026, UTL's payout ratio is 58% of trailing 12-month earnings — a comfortable level that leaves room to keep raising the dividend.

How many years has UTL grown its dividend?

As of Oct 18, 2026, UTL has increased its dividend for 11 consecutive years.

When is the next UTL ex-dividend date?

As of Oct 18, 2026, UTL's next ex-dividend date hasn't been announced. The most recent was Aug 17, 2026, for $0.48 per share.

Income Calculator

At $1.90 / yr per share

Per payment (quarterly)$47.50
Annual$190.00
Monthly avg$15.83

Similar Dividend Stocks

NEENEENextEra Energy, Inc.3.12%30 yrSOSOThe Southern Company3.33%25 yrCEGCEGConstellation Energy Corporation0.63%UtilitiesDUKDUKDuke Energy Corporation3.57%21 yr

Compare UTL

UTL vs NEEUTL vs SOUTL vs CEGUTL vs DUK

Explore more

Lists and tools related to UTL