The Gabelli Utility Trust Declares Monthly Dividend of $0.05 (NYSE:GUT)

The Gabelli Utility Trust (NYSE:GUT) announced a monthly dividend on Friday, August 20th, Wall Street Journal reports. Stockholders of record on Friday, October 15th will be given a dividend of 0.05 per share by the investment management company on Friday, October 22nd. This represents a $0.60 dividend on an annualized basis and a dividend yield of 7.54%. The ex-dividend date of this dividend is Thursday, October 14th.

The Gabelli Utility Trust stock opened at $7.96 on Wednesday. The company’s 50 day simple moving average is $8.06 and its 200-day simple moving average is $7.71. The Gabelli Utility Trust has a 1 year low of $6.70 and a 1 year high of $8.30.

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.

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Dividend History for The Gabelli Utility Trust (NYSE:GUT)

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