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

The Gabelli Utility Trust (NYSE:GUT) declared a dividend on Wednesday, January 15th,investing.com reports. Shareholders of record on Friday, January 17th will be paid a dividend of 0.05 per share by the investment management company on Friday, January 24th. This represents a dividend yield of 11.03%. The ex-dividend date of this dividend is Thursday, January 16th.

The Gabelli Utility Trust Stock Up 1.5 %

Shares of The Gabelli Utility Trust stock traded up $0.08 on Wednesday, hitting $5.43. The stock had a trading volume of 286,433 shares, compared to its average volume of 270,115. The Gabelli Utility Trust has a 52-week low of $4.97 and a 52-week high of $6.25. The company’s 50 day moving average price is $5.24 and its 200 day moving average price is $5.52.

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.