The Gabelli Utility Trust (GUT) to Issue Monthly Dividend of $0.05 on February 20th

The Gabelli Utility Trust (NYSE:GUT) announced a monthly dividend on Wednesday, November 12th. Shareholders of record on Thursday, February 12th will be paid a dividend of 0.05 per share by the investment management company on Friday, February 20th. This represents a c) dividend on an annualized basis and a yield of 9.9%. The ex-dividend date is Thursday, February 12th.

The Gabelli Utility Trust Trading Down 1.5%

Shares of GUT opened at $6.07 on Friday. The business’s 50-day moving average is $6.02 and its 200-day moving average is $5.84. The Gabelli Utility Trust has a fifty-two week low of $4.71 and a fifty-two week high of $6.20.

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.