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

The Gabelli Utility Trust (NYSE:GUT) declared a dividend on Thursday, November 14th,investing.com reports. Shareholders 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 yield of 11.21%. The ex-dividend date is Thursday, February 13th.

The Gabelli Utility Trust Stock Performance

GUT stock opened at $5.43 on Tuesday. The business has a fifty day simple moving average of $5.34 and a 200-day simple moving average of $5.45. The Gabelli Utility Trust has a 52 week low of $4.97 and a 52 week 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.