The Gabelli Utility Trust (NYSE:GUT) to Issue $0.05 Dividend

The Gabelli Utility Trust (NYSE:GUT) declared a dividend on Thursday, November 14th,investing.com reports. Investors of record on Thursday, February 13th will be given a dividend of 0.05 per share by the investment management company on Friday, February 21st. This represents a dividend yield of 11.21%. The ex-dividend date of this dividend is Thursday, February 13th.

The Gabelli Utility Trust Price Performance

Shares of GUT stock opened at $5.43 on Tuesday. The Gabelli Utility Trust has a 52 week low of $4.97 and a 52 week high of $6.25. The firm has a 50 day moving average of $5.34 and a two-hundred day moving average of $5.45.

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.