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

The Gabelli Utility Trust (NYSE:GUT) declared a monthly dividend on Wednesday, February 19th,Wall Street Journal reports. Shareholders of record on Friday, June 13th will be paid a dividend of 0.05 per share by the investment management company on Monday, June 23rd. This represents a $0.60 dividend on an annualized basis and a yield of 11.12%. The ex-dividend date of this dividend is Friday, June 13th.

The Gabelli Utility Trust Trading Up 0.7 %

GUT opened at $5.40 on Thursday. The firm’s fifty day moving average is $5.34 and its two-hundred day moving average is $5.41. The Gabelli Utility Trust has a twelve month low of $4.97 and a twelve month high of $6.25.

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.