Reaves Utility Income Fund (UTG) will begin trading ex-dividend on August 20, 2020. A cash dividend payment of $0.18 per share is scheduled to be paid on August 31, 2020. Shareholders who purchased UTG prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 15th quarter that UTG has paid the same dividend. At the current stock price of $32.07, the dividend yield is 6.74%.
The previous trading day's last sale of UTG was $32.07, representing a -20.22% decrease from the 52 week high of $40.20 and a 64.88% increase over the 52 week low of $19.45.
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