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 8.62%.
Dividend Yield Range
AI Analysis of UTG
| Dividend Analysis | Generate |
Key Stats
| Dividend Yield (TTM) | 8.62% |
|---|---|
| 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 15 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 | |
|---|---|---|---|---|---|
| 101 | Dec 21, 2015 | Mar 16, 2016 | Mar 31, 2016 | $0.151 | 0.504% |
| 102 | Dec 21, 2015 | Feb 17, 2016 | Feb 29, 2016 | $0.151 | 0.542% |
| 103 | Dec 29, 2015 | Dec 29, 2015 | Dec 29, 2015 | $0.151 | 0.576% |
| 104 | Dec 16, 2015 | Dec 16, 2015 | Dec 16, 2015 | $0.151 | 0.578% |
| 105 | Oct 09, 2015 | Nov 09, 2015 | Nov 30, 2015 | $0.151 | 0.547% |
| 106 | Oct 09, 2015 | Oct 15, 2015 | Oct 30, 2015 | $0.151 | 0.509% |
| 107 | Jul 02, 2015 | Sep 16, 2015 | Sep 30, 2015 | $0.151 | 0.538% |
| 108 | Jul 02, 2015 | Aug 17, 2015 | Aug 31, 2015 | $0.151 | 0.536% |
| 109 | Jul 02, 2015 | Jul 15, 2015 | Jul 31, 2015 | $0.151 | 0.511% |
| 110 | Apr 07, 2015 | Jun 16, 2015 | Jun 30, 2015 | $0.151 | 0.527% |
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 8.62%, which is higher than the average of the bottom 25% of dividend payers in the US market (1.78%). 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 (11.07%), which means that there are more attractive dividend stocks to consider.
