UTG - Reaves Utility Income Fund

NYSE American - Nasdaq Real Time Price. Currency in USD
31.69
+0.36 (+1.12%)
At close: 3:59PM EST
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Previous Close31.33
Open31.38
Bid0.00 x 800
Ask0.00 x 800
Day's Range31.41 - 31.77
52 Week Range26.96 - 31.82
Volume199,091
Avg. Volume203,386
Market Cap1.542B
Beta (3Y Monthly)0.55
PE Ratio (TTM)53.08
EPS (TTM)0.60
Earnings DateN/A
Forward Dividend & Yield2.04 (6.61%)
Ex-Dividend Date2019-03-19
1y Target EstN/A
Trade prices are not sourced from all markets
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  • Business Wirelast month

    Reaves Utility Income Fund Section 19(a) Notice

    Statement Pursuant to Section 19 of the Investment Company Act of 1940

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  • Business Wire2 months ago

    The Reaves Utility Income Fund Announces Regular Monthly Dividend of $0.17 Per Share

    The Reaves Utility Income Fund (NYSE MKT: UTG) announced today the next three monthly dividends at a rate of $0.17 per common share per month, unchanged from the per share rate paid for the previous quarter. As of December 17, 2018, the Fund’s market price was $30.37 per share and its net asset value was $30.85 per share. Ronald J. Sorenson, the Fund's portfolio manager and Chief Investment Officer of Reaves Asset Management, the Fund's investment adviser, commented, “From a peak of 3.24% in the 3rd quarter the 10-year U.S. Treasury yield has declined to just under 2.9% currently.

  • Business Wire2 months ago

    Reaves Utility Income Fund Announces Portfolio Management Transition

    The Reaves Utility Income Fund (NYSE MKT: UTG) (the “Fund”) is pleased to announce that Timothy O. Porter has been named a co-portfolio manager of the Fund, serving with senior managers Ronald J. Sorenson and John P. Bartlett. Mr. Sorenson, who helped establish the Fund in 2004, will continue in his role as co-portfolio manager through the end of 2019. Mr. Porter joined Reaves Asset Management, the Fund’s investment adviser, in 2004 as an energy analyst and became a portfolio manager in 2007.

  • Business Wire10 months ago

    Reaves Utility Income Fund

    On April 30, 2018, the Reaves Utility Income Fund , a closed-end sector fund, paid a monthly distribution on its common stock of $0.17 per share to shareholders of record at the close of business on April 20, 2018.

  • Business Wire11 months ago

    The Reaves Utility Income Fund Increases Its Monthly Distribution 6.25% to $0.17 Per Share

    The Reaves Utility Income Fund is pleased to announce today a 6.25% increase in its annual distribution, to $2.04 to be paid monthly at the rate of $0.17 per common share.