Reaves Utility Income Fund Stock Dividends
Reaves Utility Income Fund Stock Dividends Overview
UTG pays dividends monthly. Last paid amount was $0.190 at May 31, 2024. As of today, dividend yield (TTM) is 8.61%.
Dividend Yield Range
Dividend Analysis | Generate |
Key Stats
Dividend Yield (TTM) | 8.61% |
---|---|
Frequency | Monthly |
1Y Growth | 0% |
Payout Ratio | 0 |
Amount Per Share | $0.190 |
Next Ex-Dividend Date | Jun 17, 2024 |
Next Payment Date | Jun 28, 2024 |
Upcoming Dividend Payment
To receive the upcoming dividend from UTG the purchase should be done within the next 3 days.
Here's a simple guide on how to buy UTG stock.
UTG Dividend Payout History
To ensure a understanding of UTG's dividend performance, consider examining the historical payout ratios and how they align with the company's earnings. Fluctuations in payout amounts may reflect changes in the company's dividend policy or earnings stability.
# | Ex-Date | Pay Date | Amount | Yield | |
---|---|---|---|---|---|
1 | Apr 05, 2024 | Jun 17, 2024 | Jun 28, 2024 | $0.190 | 0.682% |
2 | Apr 05, 2024 | Jun 14, 2024 | Jun 28, 2024 | $0.190 | 0.682% |
3 | Apr 05, 2024 | May 16, 2024 | May 31, 2024 | $0.190 | 0.668% |
4 | Apr 05, 2024 | Apr 18, 2024 | Apr 30, 2024 | $0.190 | 0.724% |
5 | Dec 15, 2023 | Mar 14, 2024 | Mar 28, 2024 | $0.190 | 0.705% |
6 | Dec 15, 2023 | Feb 15, 2024 | Feb 29, 2024 | $0.190 | 0.726% |
7 | Dec 15, 2023 | Dec 28, 2023 | Jan 17, 2024 | $0.190 | 0.718% |
8 | Oct 06, 2023 | Dec 14, 2023 | Dec 29, 2023 | $0.190 | 0.711% |
9 | Oct 06, 2023 | Nov 15, 2023 | Nov 30, 2023 | $0.190 | 0.719% |
10 | Oct 06, 2023 | Oct 19, 2023 | Oct 31, 2023 | $0.190 | 0.774% |
Dividend Sustainability
The company's low Dividend Sustainability Score (DSS) highlights potential challenges in upholding its current dividend levels. Unfortunately, its low Dividend Growth Potential Score (DGPS) suggests limited prospects for dividend growth. In conclusion, a more vigilant stance is recommended given the company's tentative dividend landscape.
Sustainability score
Growth potential
UTG Dividend Calculator
Dividend Calculator is designed to forecast the potential returns from UTG dividends based on your individual investment size or the number of shares you own. Simply enter your total investment amount to see the cumulative dividend payment you could receive over a specified period.
Read how to invest in UTG stock here.
Comparing UTG to Sector and Country
UTG pays a solid dividend yield of 8.61%, which is higher than the average of the bottom 25% of dividend payers in the US market (1.94%). UTG’s dividend yield is lower than the average of the top 25% of dividend payers in the Financial Services sector in the US market (10.97%), which means that there are more attractive dividend stocks to consider.