Unitil Corporation (UTL) has announced a cash dividend of $0.450 per share, with the ex-dividend date set for Aug 14, 2025, and a dividend date of Aug 28, 2025. This payout aligns with the previous dividend issued on May 30, 2025, which was also $0.450 per share. Compared to the average dividend per share of the past ten distributions, which stands at $0.367, this current dividend is higher. The announcement date for this dividend was Jul 29, 2025. Investors should note that the ex-dividend date marks the last opportunity to purchase shares and be eligible for this dividend, as any acquisitions made post this date will not qualify for the dividend.
As of late,
Corporation's stock and market activities have been under close scrutiny. Over the past week, it has been reported that Unitil's 15-minute chart signaled a significant bearish pattern, with a KDJ Death Cross coupled with an RSI Overbought condition occurring on Aug 8, 2025. The bearish Marubozu pattern highlighted in these charts suggests potential further declines in the stock value, raising caution among investors.
Furthermore,
released its Q2 2025 earnings report on Aug 4, 2025, showcasing an increase in earnings despite facing elevated operational costs and looming challenges in Q3. The earnings per share were reported at $0.29, surpassing expectations and reflecting the company's resilience in a challenging economic landscape. This performance has reaffirmed the company's guidance for the remainder of the year, despite the hurdles ahead.
In recent developments, Freedom Broker recently adjusted its price target for Unitil Corporation, lowering it from $57.00 to $56.00 while maintaining a buy rating. This adjustment follows Unitil's stock reaching a new 52-week low of $50.12 during mid-day trading, closing at $50.96. The adjustment reflects a cautious yet optimistic outlook on Unitil's market performance amid current challenges.
In conclusion, as Unitil approaches its ex-dividend date on Aug 14, 2025, investors are encouraged to carefully consider recent market trends and reports. This date is crucial as it represents the last opportunity for acquiring shares eligible for this dividend cycle, with any purchases made beyond this date ineligible for the current dividend distribution.
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