Reaves Utility Income Fund ( UTG ) will begin trading ex-dividend on August 14, 2014. A cash dividend payment of $0.1375 per share is scheduled to be paid on August 29, 2014. Shareholders who purchased UTG stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 9th quarter that UTG has paid the same dividend. At the current stock price of $28.12, the dividend yield is 5.87%.
The previous trading day's last sale of UTG was $28.12, representing a -6.58% decrease from the 52 week high of $30.10 and a 19.15% increase over the 52 week low of $23.60.
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