The Gabelli Utility Trust (GUT) To Go Ex-Dividend on April 16th

The Gabelli Utility Trust (NYSE:GUT) declared a monthly dividend on Wednesday, February 11th. Shareholders of record on Thursday, April 16th will be given a dividend of 0.05 per share by the investment management company on Thursday, April 23rd. This represents a c) annualized dividend and a yield of 9.8%. The ex-dividend date of this dividend is Thursday, April 16th.

The Gabelli Utility Trust Stock Up 0.8%

NYSE:GUT opened at $6.15 on Tuesday. The stock’s 50-day moving average is $6.03 and its two-hundred day moving average is $6.03. The Gabelli Utility Trust has a fifty-two week low of $5.13 and a fifty-two week high of $6.20.

The Gabelli Utility Trust Company Profile

The Gabelli Utility Trust (NYSE:GUT) is a closed-end management investment company that focuses on equity investments in the utilities sector. Established in 1989, the trust seeks to provide shareholders with a combination of monthly income and long-term capital appreciation by investing primarily in the common stocks of companies that own or operate regulated utility assets.

The trust’s portfolio typically includes holdings in electric, natural gas, water and pipeline transportation companies, with an emphasis on businesses that generate stable cash flows through regulated rate structures.