Reaves Utilities ETF (UTES) Plans $0.14 Quarterly Dividend
Reaves Utilities ETF (NYSEARCA:UTES) declared a quarterly dividend on Wednesday, March 20th, Wall Street Journal reports. Investors of record on Thursday, March 21st will be paid a dividend of 0.14 per share on Thursday, March 28th. This represents a $0.56 dividend on an annualized basis and a dividend yield of 1.52%. The ex-dividend date is Wednesday, March 20th.
NYSEARCA:UTES remained flat at $$36.90 during trading hours on Thursday. The company’s stock had a trading volume of 562 shares, compared to its average volume of 1,546. Reaves Utilities ETF has a fifty-two week low of $30.83 and a fifty-two week high of $37.64.
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