Posted by Dennis Herrick on June 18, 2009 at 20:53:48:
In Reply to: Those Snakes Up In Hampton Haven't A Clue! posted by Dennis Herrick on June 18, 2009 at 20:36:49:
Unitil CEO Schoenberger's comments to investors. Wonder how much they've reduced their tree trimming rate?
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• Current quarterly dividend is $0.0345 (annual dividend is $1.38 per share)
• Current dividend yield of approximately 6.8%
• Since Unitil’s incorporation in 1984, we have continuously paid quarterly
dividend and have never reduced our dividend rate
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And a comment from one of those investors over on the UTL Yahoo Financial page. Sounds like they're capitalizing on the suffering of others, especially on their customers in North Central Mass. I cleaned up the punctuation in a few places so it would be more readable. But parts still sound like gibberish. Ha, maybe the guy or gal just came back from a long California lunch.
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UTL fundamentals... 18-Jun-09 01:55 pm I am not looking for growth (gladly accepted) with this solid stock. I want the 7% qualified income which seems more secure than others today-forget about banks non-existent, insured interest and instability/bankruptcies.. UTL is positioned to pay as long as there is a need for gas and electricity in their exclusive mkts... A gimmee. Wake up America, you have been hustled/rustled into a strong bounce in an historically bear market with the consolation by the hype: "Things are getting worse slower." --hello.. while all the worsening (NUMBERS) economics here and abroad are the worst since the depression...