UTL Overview

Upcoming Ex-Dividend Dates: UNITIL Corp (UTL), American Water Works Co, Inc. (AWK), and ResMed Inc. (RMD) will trade ex-dividend on 11/13/25, with respective dividends of $0.45, $0.8275, and $0.60 scheduled for payment on 11/28/25, 12/2/25, and 12/18/25.

Expected Price Adjustments: Following the ex-dividend date, shares of UTL, AWK, and RMD are expected to open lower by approximately 0.95%, 0.64%, and 0.24%, respectively, based on their recent stock prices.

Dividend Yield Estimates: The estimated annualized yields for the upcoming dividends are 3.78% for UNITIL Corp, 2.57% for American Water Works Co, and 0.96% for ResMed Inc., reflecting their historical dividend stability.

Current Trading Performance: As of the latest trading session, shares of UNITIL Corp, American Water Works Co, and ResMed Inc. have seen declines of about 0.7%, 1.5%, and 0.6%, respectively.

Acquisition Announcement: Unitil Corporation has completed the acquisition of Maine Natural Gas Company from Avangrid Enterprises for $86 million, enhancing its natural gas distribution operations in Maine.

Customer Base Expansion: With this acquisition, Unitil now serves approximately 213,300 customers across Maine, New Hampshire, and Massachusetts, including 6,300 customers from Maine Natural.

Operational Synergy: Unitil's CEO emphasized the complementary nature of Maine Natural's operations, highlighting a shared commitment to providing safe and reliable energy to local communities.

Funding and Advisory: The purchase was financed through a term loan from Scotiabank, with additional working capital costs, and Unitil was advised by Scotiabank and the law firm Dentons during the transaction.

Public Offering Announcement: Unitil Corporation has completed a public offering of 1,602,358 shares of common stock at $46.65 per share, raising approximately $74.75 million.

Use of Proceeds: The funds will be used for equity contributions to utility subsidiaries, repaying existing debt, and general corporate purposes.

Underwriters Involved: Wells Fargo Securities and Scotia Capital acted as active bookrunners for the offering, with Janney Montgomery Scott serving as bookrunner.

Company Overview: Unitil Corporation provides electricity and natural gas in New England, serving over 109,400 electric customers and 97,600 natural gas customers across Maine, New Hampshire, and Massachusetts.