The Gabelli Utility Trust (NYSE:GUT – Get Free Report) declared a monthly dividend on Wednesday, November 11th. Shareholders of record on Thursday, February 11th will be paid a dividend of $0.05 per share by the investment management company on Friday, February 19th. This represents a $0.60 dividend on an annualized basis and a yield of 11.2%. The ex-dividend date of this dividend is Thursday, February 11th.
The Gabelli Utility Trust Stock Performance
Shares of The Gabelli Utility Trust stock opened at $5.33 on Thursday. The Gabelli Utility Trust has a one year low of $5.03 and a one year high of $7.07. The firm has a fifty day moving average of $5.79 and a two-hundred day moving average of $6.14.
The Gabelli Utility Trust Company Profile
The Gabelli Utility Trust (NYSE: GUT) is a diversified closed-end management investment company that seeks to provide investors with a high level of current income and long-term capital appreciation. The trust invests primarily in equity securities of companies involved in the production, transmission, distribution and sale of electricity, gas and other utility services. Its investment focus may also include businesses in related industries, such as telecommunications, cable, energy and infrastructure.
Further Reading
- Five stocks we like better than The Gabelli Utility Trust
- Palantir’s Real Washington Risk Isn’t the Budget—It’s Oversight
- Keeping AI Cool: AAON Rides the AI Heatwave to Record Growth
- AST SpaceMobile Has a New Rocket Plan, But Its Cash-Burn Problem Isn’t Going Away
- Powering Up the Moon: Redwire’s $40 Million NASA Award
Receive News & Ratings for The Gabelli Utility Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for The Gabelli Utility Trust and related companies with MarketBeat.com's FREE daily email newsletter.
