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Reaves Utility Income Fund (UTG)

NYSE - Nasdaq Real Time Price. Currency in USD
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35.14-0.15 (-0.43%)
As of 10:44AM EDT. Market open.
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Chart Events
Neutralpattern detected
Previous Close35.29
Open35.29
Bid35.12 x 1100
Ask35.18 x 800
Day's Range35.06 - 35.36
52 Week Range30.10 - 35.61
Volume48,173
Avg. Volume197,739
Market Cap1.957B
Beta (5Y Monthly)0.66
PE Ratio (TTM)N/A
EPS (TTM)-3.32
Earnings DateN/A
Forward Dividend & Yield2.28 (6.50%)
Ex-Dividend DateJul 22, 2021
1y Target EstN/A
  • Reaves Utility Income Fund Section 19(a) Notice
    PR Newswire

    Reaves Utility Income Fund Section 19(a) Notice

    On June 30, 2021, the Reaves Utility Income Fund (NYSE MKT: UTG) (the "Fund"), a closed-end sector fund, paid a monthly distribution on its common stock of $0.18 per share to shareholders of record at the close of business on June 18, 2021.

  • The Reaves Utility Income Fund Increases Its Monthly Distribution 5.56% To $0.19 Per Share
    PR Newswire

    The Reaves Utility Income Fund Increases Its Monthly Distribution 5.56% To $0.19 Per Share

    The Reaves Utility Income Fund (NYSE MKT: UTG) is pleased to announce today a 5.56% increase in its annual distribution to $2.28, to be paid monthly at the rate of $0.19 per common share. This is the twelfth increase of the distribution since the Fund's inception in February 2004. The increased dividend rate represents an annualized distribution rate of 6.47% based on the current market price. As of June 16, 2021, the Fund's market price was $35.22 per share and its net asset value was $34.34 pe

  • Reaves Utility Income Fund Initiation Of Breakpoint Fees
    PR Newswire

    Reaves Utility Income Fund Initiation Of Breakpoint Fees

    The Reaves Utility Income Fund is pleased to announce the initiation of a breakpoint in fees. The advisory and administrative fee on gross assets greater than $2.5 billion will be 0.765%, down from the current rate of 0.84%. The reduction is in line with the Fund's goal of providing a monthly distribution and competitive long-term total returns while being amongst the lowest cost funds in its peer group.