Welcome to our dedicated page for Reaves Utility Income Fund news (Ticker: UTG), a resource for investors and traders seeking the latest updates and insights on Reaves Utility Income Fund stock.
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Reaves Utility Income Fund (UTG) declared three upcoming monthly dividends of $0.19 per common share, consistent with the previous quarter's rate. As of December 12, 2022, UTG's market price was $30.02, with a net asset value of $30.20. The fund aims to maintain over 80% of its assets in utility-related investments, expecting to provide a high level of after-tax income. Key dates for the dividends are: Ex-Distribution Dates - Dec 29, Feb 15, and Mar 16; Payable Dates - Jan 17, Feb 28, and Mar 31, 2023.
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