Reaves Utility Income Fund (NYSEAMERICAN:UTG) Stock Passes Above 200-Day Moving Average of $0.00

Shares of Reaves Utility Income Fund (NYSEAMERICAN:UTG) crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $0.00 and traded as high as $36.25. Reaves Utility Income Fund shares last traded at $35.90, with a volume of 107,853 shares.

The company also recently declared a monthly dividend, which will be paid on Wednesday, July 31st. Shareholders of record on Tuesday, July 23rd will be paid a $0.18 dividend. This represents a $2.16 annualized dividend and a dividend yield of 5.98%. The ex-dividend date is Monday, July 22nd.

About Reaves Utility Income Fund (NYSEAMERICAN:UTG)

There is no company description available for Reaves Utility Income Trust.

Further Reading: Stock Symbols Definition, Examples, Lookup

Receive News & Ratings for Reaves Utility Income Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Reaves Utility Income Fund and related companies with MarketBeat.com's FREE daily email newsletter.