Reaves Utility Income Fund (UTG) will begin trading ex-dividend on October 19, 2020. A cash dividend payment of $0.18 per share is scheduled to be paid on October 30, 2020. Shareholders who purchased UTG prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 18th quarter that UTG has paid the same dividend. At the current stock price of $32.47, the dividend yield is 6.65%.
The previous trading day's last sale of UTG was $32.47, representing a -19.23% decrease from the 52 week high of $40.20 and a 66.94% increase over the 52 week low of $19.45.
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