The Gabelli Utility Trust Declares Monthly Dividend of $0.05 (NYSE:GUT)

The Gabelli Utility Trust (NYSE:GUT) announced a monthly dividend on Tuesday, February 18th,Wall Street Journal reports. Investors of record on Friday, June 13th will be paid a dividend of 0.05 per share by the investment management company on Monday, June 23rd. This represents a $0.60 annualized dividend and a yield of 11.23%. The ex-dividend date of this dividend is Friday, June 13th.

The Gabelli Utility Trust Trading Down 0.1 %

NYSE GUT traded down $0.01 during trading on Tuesday, reaching $5.35. The company’s stock had a trading volume of 223,631 shares, compared to its average volume of 234,959. The Gabelli Utility Trust has a twelve month low of $4.97 and a twelve month high of $6.25. The business’s fifty day moving average price is $5.35 and its 200-day moving average price is $5.42.

The Gabelli Utility Trust Company Profile

The Gabelli Utility Trust is a closed-ended equity mutual fund launched by GAMCO Investors, Inc It is managed by Gabelli Funds, LLC. The fund invests in the public equity markets across the globe. It makes its investments in stocks of companies providing products, services, or equipment for the generation or distribution of electricity, gas, water, telecommunications services, and infrastructure operations.