Struggling With Great Stock Picks? Discover StockInvest.us Top Gems!

Reaves Utility Income Fund Stock Dividends Overview

UTG pays dividends monthly. Last paid amount was $0.190 at Apr 30, 2024. As of today, dividend yield (TTM) is 9.32%.

Dividend Yield Range

The Dividend Yield Range is the range of values in which a stock’s dividend yield has fluctuated within a specified period, often a year. It represents the variation between the highest and lowest dividend yields observed during that time frame.
AI Analysis of UTG
Powered by GPT-4
New!
Dividend Analysis

Key Stats

Dividend Yield (TTM) 9.32%
Frequency Monthly
1Y Growth 0%
Payout Ratio 0
Amount Per Share $0.190
Next Ex-Dividend Date May 16, 2024
Next Payment Date May 31, 2024

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.


# Declaration Date Ex-Date Pay Date Amount Yield
231 Apr 05, 2005 Jun 13, 2005 Jun 30, 2005 $0.100 0.472%
232 Apr 05, 2005 May 11, 2005 May 31, 2005 $0.100 0.501%
233 Apr 05, 2005 Apr 13, 2005 Apr 29, 2005 $0.100 0.500%
234 Dec 21, 2004 Mar 11, 2005 Mar 31, 2005 $0.100 0.510%
235 Dec 21, 2004 Feb 11, 2005 Feb 28, 2005 $0.100 0.500%
236 Dec 21, 2004 Dec 29, 2004 Jan 14, 2005 $0.100 0.509%
237 Oct 08, 2004 Dec 13, 2004 Dec 31, 2004 $0.0970 0.487%
238 Oct 08, 2004 Nov 10, 2004 Nov 30, 2004 $0.0970 0.524%
239 Oct 08, 2004 Oct 13, 2004 Oct 29, 2004 $0.0970 0.539%
240 Jul 08, 2004 Sep 13, 2004 Sep 30, 2004 $0.0970 0.539%

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

Low (50.00%)

Growth potential

Stable (16.83%)

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 9.32%, which is higher than the average of the bottom 25% of dividend payers in the US market (1.83%). 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 (11.05%), which means that there are more attractive dividend stocks to consider.

FAQ

What factors can affect the amount of UTG's dividend payments?
The amount of UTG's dividends can fluctuate based on several factors, including the company's financial performance, earnings, cash flow, capital requirements, and overall market conditions. Changes in UTG sector's trends, interest rate shifts, and the company's operational adjustments can also influence dividend decisions.

Can dividends from UTG stock be automatically reinvested?
If UTG offers a Dividend Reinvestment Plan (DRIP), shareholders may have the option to automatically reinvest dividends to purchase additional shares. Please check with your brokerage for the availability and details of such a plan. Here's an easy guide on how to buy UTG stock.

How often does UTG pay dividend?
Reaves Utility Income Fund (UTG) pays dividends monthly. The most recent payout was on Apr 30, 2024. The upcoming dividend Ex Date is May 16, 2024, with an amount of $0.190.

How much does UTG pays per share?
The last recorder (Apr 18, 2024) dividend per share was $0.190.

What is UTG dividend growth rate?
Over the last year, Reaves Utility Income Fund has witnessed growth rate of 0% . Looking back over the past 3 years, this growth rate has been 1.82%. Furthermore, examining the past 5 years, Reaves Utility Income Fund has maintained an average Dividends Per Share Growth Rate of 2.25%.
Click to get the best stock tips daily for free!

About Reaves Utility Income Fund

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 quantitat... UTG Profile

Top Fintech Company

StockInvest.us featured in The Global Fintech Index 2020 as the top Fintech company of the country.

Full report by FINDEXABLE

ROCKIT