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

The Gabelli Utility Trust (NYSE:GUT) announced a monthly dividend on Thursday, August 29th,Wall Street Journal reports. Stockholders of record on Friday, December 13th will be given a dividend of 0.05 per share by the investment management company on Friday, December 20th. This represents a $0.60 annualized dividend and a dividend yield of 11.03%. The ex-dividend date is Friday, December 13th.

The Gabelli Utility Trust Stock Up 0.2 %

Shares of GUT stock opened at $5.44 on Wednesday. The Gabelli Utility Trust has a 52-week low of $4.97 and a 52-week high of $6.28. The company has a 50-day simple moving average of $5.17 and a two-hundred day simple moving average of $5.66.

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.