Reaves Utility Income Fund (NYSEAMERICAN:UTG) Declares Monthly Dividend of $0.17

Reaves Utility Income Fund (NYSEAMERICAN:UTG) declared a monthly dividend on Wednesday, April 10th, Wall Street Journal reports. Stockholders of record on Tuesday, June 18th will be given a dividend of 0.17 per share by the closed-end fund on Friday, June 28th. This represents a $2.04 annualized dividend and a dividend yield of 5.65%. The ex-dividend date is Monday, June 17th.

Reaves Utility Income Fund has raised its dividend by an average of 3.5% annually over the last three years.

NYSEAMERICAN UTG traded down $0.03 on Monday, reaching $36.10. The company’s stock had a trading volume of 127,900 shares, compared to its average volume of 147,979. Reaves Utility Income Fund has a 52 week low of $26.96 and a 52 week high of $36.25.

Reaves Utility Income Fund Company Profile

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

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Dividend History for Reaves Utility Income Fund (NYSEAMERICAN:UTG)

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