The Gabelli Utility Trust (NYSE:GUT) declared a monthly dividend on Thursday, November 19th, Wall Street Journal reports. Investors of record on Wednesday, March 17th will be paid a dividend of 0.05 per share by the investment management company on Wednesday, March 24th. This represents a $0.60 annualized dividend and a yield of 7.81%. The ex-dividend date is Tuesday, March 16th.
Shares of NYSE GUT opened at $7.68 on Friday. The firm’s 50-day simple moving average is $7.65 and its 200 day simple moving average is $7.49. The Gabelli Utility Trust has a 12-month low of $4.50 and a 12-month high of $8.25.
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