The Gabelli Utility Trust (NYSE:GUT – Get Free Report) announced a monthly dividend on Wednesday, November 11th. Investors of record on Thursday, January 14th will be paid a dividend of $0.05 per share by the investment management company on Friday, January 22nd. This represents a $0.60 annualized dividend and a yield of 11.2%. The ex-dividend date of this dividend is Thursday, January 14th.
The Gabelli Utility Trust Trading Down 0.7%
Shares of The Gabelli Utility Trust stock opened at $5.33 on Thursday. The stock has a fifty day simple moving average of $5.79 and a 200 day simple moving average of $6.14. The Gabelli Utility Trust has a 12-month low of $5.03 and a 12-month high of $7.07.
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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