The Gabelli Utility Trust (GUT) To Go Ex-Dividend on March 17th

The Gabelli Utility Trust (NYSE:GUT) announced a monthly dividend on Wednesday, November 12th. Investors of record on Tuesday, March 17th will be paid a dividend of 0.05 per share by the investment management company on Tuesday, March 24th. This represents a c) annualized dividend and a dividend yield of 10.2%. The ex-dividend date is Tuesday, March 17th.

The Gabelli Utility Trust Trading Down 3.8%

The Gabelli Utility Trust stock opened at $5.86 on Friday. The Gabelli Utility Trust has a 12-month low of $4.71 and a 12-month high of $6.20. The business’s 50-day moving average price is $6.07 and its two-hundred day moving average price is $6.03.

The Gabelli Utility Trust Company Profile

The Gabelli Utility Trust (NYSE:GUT) is a closed-end management investment company that focuses on equity investments in the utilities sector. Established in 1989, the trust seeks to provide shareholders with a combination of monthly income and long-term capital appreciation by investing primarily in the common stocks of companies that own or operate regulated utility assets.

The trust’s portfolio typically includes holdings in electric, natural gas, water and pipeline transportation companies, with an emphasis on businesses that generate stable cash flows through regulated rate structures.