Why Unitil (UTL) is a Great Dividend Stock Right Now

Unitil Corporation, a utility company headquartered in Hampton, is presented as a strong dividend investment option with a current yield of 3.53% and an annualized dividend of $1.90, up 5.6% year-over-year. The company has consistently increased dividends over the past 5 years with an average annual increase of 3.84%, and earnings are expected to expand with a 2026 consensus estimate of $3.31 per share representing 4.75% growth. UTL currently holds a Zacks Rank of #3 (Hold).