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Average long-term US mortgage rate falls slightly, easing borrowing costs for home shoppers
Walgreens books hefty charge as the drugstore chain adjusts the value of struggling clinics
Algeria's government pushes staples to subsidized markets to stave off Ramadan shortages
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
3 Value Stocks Too Small For Buffett’s Portfolio
Stock market today: Asian shares are mostly higher after another set of Wall St records
Foot Locker Builds Up Another Head of Steam; Gains Imminent
Disney Stock Catches 3 Upgrades In a Single Week
Average long-term US mortgage rate falls slightly, easing borrowing costs for home shoppers
Walgreens books hefty charge as the drugstore chain adjusts the value of struggling clinics
Algeria's government pushes staples to subsidized markets to stave off Ramadan shortages
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
3 Value Stocks Too Small For Buffett’s Portfolio
Stock market today: Asian shares are mostly higher after another set of Wall St records
Foot Locker Builds Up Another Head of Steam; Gains Imminent
Disney Stock Catches 3 Upgrades In a Single Week
Average long-term US mortgage rate falls slightly, easing borrowing costs for home shoppers
Walgreens books hefty charge as the drugstore chain adjusts the value of struggling clinics
Algeria's government pushes staples to subsidized markets to stave off Ramadan shortages
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
3 Value Stocks Too Small For Buffett’s Portfolio
Stock market today: Asian shares are mostly higher after another set of Wall St records
Foot Locker Builds Up Another Head of Steam; Gains Imminent
Disney Stock Catches 3 Upgrades In a Single Week
Average long-term US mortgage rate falls slightly, easing borrowing costs for home shoppers
Walgreens books hefty charge as the drugstore chain adjusts the value of struggling clinics
Algeria's government pushes staples to subsidized markets to stave off Ramadan shortages
NYSEAMERICAN:UTG

Reaves Utility Income Fund (UTG) Stock Price, News & Analysis

$26.96
+0.07 (+0.26%)
(As of 03/28/2024 ET)
Today's Range
$26.90
$27.07
50-Day Range
$23.85
$28.09
52-Week Range
$23.24
$29.50
Volume
489,386 shs
Average Volume
322,263 shs
Market Capitalization
N/A
P/E Ratio
N/A
Dividend Yield
7.57%
Price Target
N/A
UTG stock logo

About Reaves Utility Income Fund Stock (NYSEAMERICAN: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 Utility Income Fund was formed on September 15, 2003 and is domiciled in the United States.

UTG Stock Price History

UTG Stock News Headlines

UTG: Downgrade On Increasing Regulatory Risks
Trump’s “Tax Free” Retirement Strategy
Since 1924 — over one hundred years — the US dollar has lost nearly 18x its value. In other words, a dollar back then would buy $17.82 worth of goods in today's money. If you're planning on retiring any time soon…This poses a real problem.
Reaves Utility Income Fund
Reaves Utility Income Fund (UTG)
Trump’s “Tax Free” Retirement Strategy
Since 1924 — over one hundred years — the US dollar has lost nearly 18x its value. In other words, a dollar back then would buy $17.82 worth of goods in today's money. If you're planning on retiring any time soon…This poses a real problem.
Reaves Utility Income Fund Section 19(a) Notice
UTG: Buy It Before The Up-Cycle Starts
UTG: Solid Utility Fund For Income-Oriented Investors
UTG: From Bad To Worse
Reaves Utility Income Fund's Dividend Analysis
UTG Shows The Bind Utilities Are In
UTG: Likely Already Bottomed - Buy On Pullbacks
Reaves Utility Income Fund (XUTGX)
See More Headlines
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Company Calendar

Ex-Dividend for 2/29 Dividend
2/15/2024
Dividend Payable
2/29/2024
Ex-Dividend for 3/28 Dividend
3/14/2024
Dividend Payable
3/28/2024
Today
3/29/2024

Industry, Sector and Symbol

Industry
Asset Management
Sub-Industry
N/A
Current Symbol
NYSEAMERICAN:UTG
Previous Symbol
NYSEMKT:UTG
Fax
N/A
Employees
N/A
Year Founded
N/A

Profitability

Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
N/A

Miscellaneous

Free Float
N/A
Optionable
Not Optionable
Beta
N/A
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UTG Stock Analysis - Frequently Asked Questions

How have UTG shares performed in 2024?

Reaves Utility Income Fund's stock was trading at $27.32 at the beginning of the year. Since then, UTG stock has decreased by 1.2% and is now trading at $26.98.
View the best growth stocks for 2024 here
.

Are investors shorting Reaves Utility Income Fund?

Reaves Utility Income Fund saw a decrease in short interest in February. As of February 29th, there was short interest totaling 234,700 shares, a decrease of 54.3% from the February 14th total of 514,000 shares. Based on an average trading volume of 330,900 shares, the short-interest ratio is presently 0.7 days.
View Reaves Utility Income Fund's Short Interest
.

How often does Reaves Utility Income Fund pay dividends? What is the dividend yield for Reaves Utility Income Fund?

Reaves Utility Income Fund declared a monthly dividend on Friday, December 15th. Investors of record on Friday, March 15th will be given a dividend of $0.19 per share on Thursday, March 28th. This represents a $2.28 dividend on an annualized basis and a yield of 8.45%. The ex-dividend date of this dividend is Thursday, March 14th.
Read our dividend analysis for UTG
.

Is Reaves Utility Income Fund a good dividend stock?

Reaves Utility Income Fund (NYSEAMERICAN:UTG) pays an annual dividend of $2.04 per share and currently has a dividend yield of 0.07%.
Read our dividend analysis for UTG.

What ETF holds Reaves Utility Income Fund's stock?

First Trust Income Opportunities ETF holds 17,529 shares of UTG stock, representing 1.77% of its portfolio.

What other stocks do shareholders of Reaves Utility Income Fund own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Reaves Utility Income Fund investors own include Paychex (PAYX), AT&T (T), AbbVie (ABBV), New Residential Investment (NRZ), Arbor Realty Trust (ABR), Main Street Capital (MAIN), Enterprise Products Partners (EPD), Verizon Communications (VZ) and Altria Group (MO).

Who are Reaves Utility Income Fund's major shareholders?

Reaves Utility Income Fund's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Raymond James & Associates (0.00%), HBW Advisory Services LLC (0.00%), Sowell Financial Services LLC (0.00%), First Trust Advisors LP (0.00%), Highlander Capital Management LLC (0.00%) and Kestra Advisory Services LLC (0.00%). Insiders that own company stock include Joellen Legg, Joseph Burns Rhame III, Thomas Michael Grimes and Thomas W Harmke.
View institutional ownership trends
.

How do I buy shares of Reaves Utility Income Fund?

Shares of UTG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSEAMERICAN:UTG) was last updated on 3/29/2024 by MarketBeat.com Staff

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