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

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 11.10%. The ex-dividend date is Friday, June 13th.

The Gabelli Utility Trust Price Performance

Shares of GUT opened at $5.41 on Friday. The business has a 50-day moving average of $5.34 and a 200 day moving average of $5.41. The Gabelli Utility Trust has a fifty-two week low of $4.97 and a fifty-two week 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.