The Gabelli Utility Trust (NYSE:GUT – Get Free Report) declared a monthly dividend on Wednesday, November 11th. Stockholders of record on Wednesday, March 17th will be given a dividend of $0.05 per share by the investment management company on Wednesday, March 24th. This represents a $0.60 annualized dividend and a dividend yield of 11.2%. The ex-dividend date of this dividend is Wednesday, March 17th.
The Gabelli Utility Trust Price Performance
Shares of NYSE:GUT opened at $5.33 on Thursday. The business’s 50-day moving average is $5.79 and its 200-day moving average is $6.14. The Gabelli Utility Trust has a 1 year low of $5.03 and a 1 year high of $7.07.
The Gabelli Utility Trust Company Profile
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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