NYSEAMERICAN:UTG

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

$26.24
-0.08 (-0.30%)
(As of 04:33 PM ET)
Today's Range
$26.04
$26.31
50-Day Range
$23.85
$28.09
52-Week Range
$23.24
$29.07
Volume
180,730 shs
Average Volume
316,069 shs
Market Capitalization
N/A
P/E Ratio
N/A
Dividend Yield
7.77%
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

World’s biggest multibillionaire investor is buying THIS by the ton [picture]
Don't Buy Bullion or Mining Stocks. Do THIS Instead As gold continues to break all-time highs, many folks will run out and buy bullion or mining stocks. That's not the best way to ride this gold bull market higher. Note, this showed a 995% gain the last time we shared this same investment idea.
World’s biggest multibillionaire investor is buying THIS by the ton [picture]
Don't Buy Bullion or Mining Stocks. Do THIS Instead As gold continues to break all-time highs, many folks will run out and buy bullion or mining stocks. That's not the best way to ride this gold bull market higher. Note, this showed a 995% gain the last time we shared this same investment idea.
UTG: Downgrade On Increasing Regulatory Risks
Reaves Utility Income Fund
Reaves Utility Income Fund (UTG)
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
See More Headlines
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Company Calendar

Ex-Dividend for 4/30 Dividend
4/18/2024
Today
4/25/2024
Dividend Payable
4/30/2024
Ex-Dividend for 5/31 Dividend
5/16/2024
Dividend Payable
5/31/2024

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 start of the year. Since then, UTG shares have decreased by 3.8% and is now trading at $26.28.
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 during the month of April. As of April 15th, there was short interest totaling 86,300 shares, a decrease of 58.5% from the March 31st total of 208,200 shares. Based on an average daily trading volume, of 319,600 shares, the days-to-cover ratio is presently 0.3 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 announced a monthly dividend on Tuesday, April 9th. Investors of record on Monday, June 17th will be paid a dividend of $0.19 per share on Friday, June 28th. This represents a $2.28 annualized dividend and a yield of 8.68%. The ex-dividend date is Monday, June 17th.
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 20,742 shares of UTG stock, representing 1.73% 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 many different retail and institutional investors. Top institutional shareholders include Raymond James & Associates (0.00%), Raymond James Financial Services Advisors Inc. (0.00%), LongView Wealth Management (0.00%), PFG Investments LLC (0.00%), Wealth Effects LLC (0.00%) and Oak Family Advisors 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 4/25/2024 by MarketBeat.com Staff

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