The Gabelli Utility Trust (GUT) To Go Ex-Dividend on June 13th

The Gabelli Utility Trust (NYSE:GUT) declared a monthly dividend on Tuesday, February 18th,Wall Street Journal reports. Investors 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 Stock Up 0.7 %

GUT stock opened at $5.40 on Thursday. The firm’s 50 day moving average price is $5.34 and its 200-day moving average price is $5.41. The Gabelli Utility Trust has a one year low of $4.97 and a one year high of $6.25.

About The Gabelli Utility Trust

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.