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Unitil Declares Common Stock Dividend

HAMPTON, N.H., March 22, 2012 /PRNewswire/ -- Unitil Corporation (NYSE:UTL) (www.unitil.com) today announced that its Board of Directors declared the regular quarterly dividend on the Company's common stock of $0.345 per share, payable on May 15, 2012 to shareholders of record on May 1, 2012.  This quarterly dividend results in a current effective annual dividend rate of $1.38 per share.

About Unitil Corporation

Unitil Corporation provides energy for life by safely and reliably delivering natural gas and electricity in New England. We are committed to the communities we serve and to developing people, business practices, and technologies that lead to dependable, more efficient energy. Unitil Corporation is a public utility holding company with operations in Maine, New Hampshire and Massachusetts. Together, Unitil's operating utilities serve approximately 101,400 electric customers and 71,900 natural gas customers. Other subsidiaries include Usource, Unitil's non-regulated business segment. For more information about our people, technologies, and community involvement please visit www.unitil.com.

For more information please contact:                                                                                                                                                          

David Chong – Investor Relations
Phone: 603-773-6499
Email:  chong@unitil.com

Alec O'Meara – Media Relations
Phone: 603-773-6404                                        
Email:  omeara@unitil.com

SOURCE Unitil Corporation