Reaves Utility Income Fund (UTG)

NYSEAMERICAN: UTG · IEX Real-Time Price · USD
26.66
+0.17 (0.64%)
May 3, 2024, 4:00 PM EDT - Market closed
0.64%
Market Value 1.91B
Revenue -214.48M
Net Income -222.02M
Shares Out 71.62M
EPS -3.10
PE Ratio n/a
Forward PE n/a
Dividend $2.28 (8.55%)
Ex-Dividend Date Jun 17, 2024
Volume 8,531
Open 26.26
Previous Close 26.49
Day's Range 26.55 - 26.80
52-Week Range 23.24 - 28.78
Beta n/a
Analysts n/a
Price Target n/a
Earnings Date n/a

About UTG

Reaves Utility Income Fund is a closed ended balanced mutual fund launched and managed by W. H. Reaves & Company, Inc. The fund invests in public equity and fixed income markets of the United States. It seeks to invest in securities of companies operating in the Utilities sector. The fund primarily invests in dividend paying stocks and debt instruments of companies operating across all market capitalizations. It employs a combination of quantitative and fundamental analysis with bottom-up stock picking approach to create its portfolio. Reaves U... [Read more]

Sector Financials
Founded 2003
Country United States
Stock Exchange NYSEAMERICAN
Ticker Symbol UTG
Full Company Profile

Financial Performance

News

Reaves Utility Income Fund Section 19(a) Notice

Statement Pursuant to Section 19(a) of the Investment Company Act of 1940 DENVER, CO / ACCESSWIRE / April 30, 2024 / On April 30, 2024, the Reaves Utility Income Fund (NYSE American:UTG) (the "Fund"),...

5 days ago - Accesswire

Reaves Utility Income Fund Announces Regular Monthly Distributions of $0.19 per Share

DENVER, CO / ACCESSWIRE / April 5, 2024 / Reaves Utility Income Fund (NYSE American:UTG) announced today the next three, monthly, distributions at a rate of $0.19 per common share per month, unchanged...

4 weeks ago - Accesswire

Reaves Utility Income Fund Announces Regular Monthly Distributions Of $0.19 Per Share

DENVER, CO / ACCESSWIRE / December 15, 2023 / Reaves Utility Income Fund (NYSE American:UTG) announced today the next three, monthly, distributions at a rate of $0.19 per common share per month, uncha...

5 months ago - Accesswire

Reaves Utility Income Fund Announces Regular Monthly Distribution of $0.19 per Share

DENVER, CO / ACCESSWIRE / October 6, 2023 / The Reaves Utility Income Fund (NYSE American:UTG) announced today the next three, monthly, distributions at a rate of $0.19 per common share per month, unc...

7 months ago - Accesswire

I Bond Yields Have Tumbled: Buy These Bonds Instead

You and I, my fellow contrarian, are old enough to remember when “I bonds”—US savings bonds designed to protect you from inflation—yielded 9.62%.

9 months ago - Forbes

The Reaves Utility Income Fund Announces Regular Monthly Distribution of $0.19 Per Share

DENVER, CO / ACCESSWIRE / April 6, 2023 / The Reaves Utility Income Fund (NYSE American:UTG) announced today the next three, monthly, distributions at a rate of $0.19 per common share per month, uncha...

1 year ago - Accesswire

Reaves Utility Income Fund Dividend Declaration

DENVER, CO / ACCESSWIRE / December 16, 2022 / The Reaves Utility Income Fund (NYSE American:UTG) announced today the next three, monthly, dividends at a rate of $0.19 per common share per month, uncha...

1 year ago - Accesswire

Reaves Utility Income Fund Section 19(A) Notice

Statement Pursuant to Section 19(a) of the Investment Company Act of 1940 DENVER, CO / ACCESSWIRE / November 30, 2022 / The Reaves Utility Income Fund (NYSE American:UTG) (the "Fund"), a closed-end se...

1 year ago - Accesswire

Wall Street Is Jam-Packed With 8%+ Fire-Sale Dividends

While vanilla investors worry along with the herd, we contrarians are buying.

1 year ago - Forbes

The Reaves Utility Income Fund Announces Regular Monthly Dividend of $0.19 Per Share

DENVER, CO / ACCESSWIRE / October 10, 2022 / The ReavesUtility Income Fund (NYSE American:UTG) announced today the next three, monthly, dividends at a rate of $0.19 per common share per month, unchang...

1 year ago - Accesswire

REAVES UTILITY INCOME FUND SECTION 19(a) NOTICE

Statement Pursuant to Section 19(a) of the Investment Company Act of 1940 DENVER , Aug. 31, 2022 /PRNewswire/ -- On August 31, 2022, the Reaves Utility Income Fund (NYSE American: UTG) (the "Fund"), a...

1 year ago - PRNewsWire

THE REAVES UTILITY INCOME FUND ANNOUNCES REGULAR MONTHLY DIVIDEND OF $0.19 PER SHARE

DENVER , July 11, 2022 /PRNewswire/ -- The Reaves Utility Income Fund (NYSE American: UTG) announced today the next three, monthly, dividends at a rate of $0.19 per common share per month, unchanged f...

1 year ago - PRNewsWire

The Reaves Utility Income Fund Increases Its Monthly Distribution 5.56% To $0.19 Per Share

DENVER, June 21, 2021 /PRNewswire/ -- The Reaves Utility Income Fund (NYSE MKT: UTG) is pleased to announce today a 5.56% increase in its annual distribution to $2.28, to be paid monthly at the rate o...

3 years ago - PRNewsWire

This 2-Step Plan Provides 6.6% Dividends And Upside

Make no mistake: now is the time to buy dividend stocks.

3 years ago - Forbes

Plc Uutechnic Group Oyj: SIGNIFICANT ORDER FOR UTG MIXING GROUP

PLC UUTECHNIC GROUP OYJ PRESS RELEASE JULY 16, 2020 at 9:00

4 years ago - GlobeNewsWire

How To Squeeze 7% Yields From Wall Street’s Safest Sector

Have utility stocks been stripped of their safe-haven status?

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4 years ago - Forbes

These 2 Funds Have Piles Of Cash And Yield 7.3%+

When you think about the biggest returns you could get on the market today, what do you think of?

Other symbols: XLU
4 years ago - Forbes

Surging Dividends To Buy On This Pullback

If you’re like most income investors right now, you’ve got one eye on this twitchy market.

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4 years ago - Forbes