The Gabelli Utility Trust (NYSE:GUT – Get Free Report) announced a monthly dividend on Wednesday, November 11th. Investors of record on Thursday, February 11th will be given a dividend of $0.05 per share by the investment management company on Friday, February 19th. This represents a $0.60 annualized dividend and a yield of 11.2%. The ex-dividend date is Thursday, February 11th.
The Gabelli Utility Trust Trading Down 0.7%
Shares of NYSE:GUT opened at $5.33 on Thursday. The Gabelli Utility Trust has a 1-year low of $5.03 and a 1-year high of $7.07. The firm has a fifty day moving average price of $5.79 and a 200 day moving average price of $6.14.
About The Gabelli Utility Trust
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.
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