Reaves Utility Income Fund Stock Forecast, Price & News

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Reaves Utility Income Fund saw a decrease in short interest in February. As of February 12th, there was short interest totaling 19,700 shares, a decrease of 57.5% from the January 28th total of 46,400 shares. Based on an average daily volume of 210,800 shares, the short-interest ratio is currently 0.1 days.
View Reaves Utility Income Fund's Short Interest.

Reaves Utility Income Fund declared a monthly dividend on Friday, December 18th. Shareholders of record on Friday, March 19th will be given a dividend of $0.18 per share on Wednesday, March 31st. This represents a $2.16 dividend on an annualized basis and a yield of 6.90%. The ex-dividend date of this dividend is Thursday, March 18th.
View Reaves Utility Income Fund's dividend history.

Reaves Utility Income Fund pays an annual dividend of $2.04 per share and currently has a dividend yield of 0.07%.
View Reaves Utility Income Fund's dividend history.

Some companies that are related to Reaves Utility Income Fund include Adams Diversified Equity Fund (ADX), BlackRock Health Sciences Trust (BME), Calamos Global Dynamic Income Fund (CHW), Cohen & Steers Quality Income Realty Fund (RQI), Macquarie/First Trust Global Infrastructure/Utilities Dividend & Income Fund (MFD), Nuveen Tax-Advantaged Total Return Strategy Fund (JTA) and The Gabelli Dividend & Income Trust (GDV).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Reaves Utility Income Fund investors own include Paychex (PAYX), AT&T (T), AbbVie (ABBV), New Residential Investment (NRZ), Arbor Realty Trust (ABR), Brookfield Property Partners (BPY), Main Street Capital (MAIN), Enterprise Products Partners (EPD), Verizon Communications (VZ) and Altria Group (MO).

Reaves Utility Income Fund trades on the New York Stock Exchange (NYSE)AMERICAN under the ticker symbol "UTG."

Reaves Utility Income Fund's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Morgan Stanley (0.00%), Wells Fargo & Company MN (0.00%), Raymond James Financial Services Advisors Inc. (0.00%), Guggenheim Capital LLC (0.00%), Stifel Financial Corp (0.00%) and LPL Financial LLC (0.00%). Company insiders that own Reaves Utility Income Fund stock include Joseph Burns Rhame III, Louis Francisco Cimino and Rowland Otto Wilhelm Jr.
View institutional ownership trends for Reaves Utility Income Fund.

UTG stock was sold by a variety of institutional investors in the last quarter, including Guggenheim Capital LLC, Wells Fargo & Company MN, Guild Investment Management Inc., Hollow Brook Wealth Management LLC, Focused Wealth Management Inc, Janney Montgomery Scott LLC, AE Wealth Management LLC, and First Foundation Advisors.
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UTG stock was acquired by a variety of institutional investors in the last quarter, including Morgan Stanley, Landscape Capital Management L.L.C., Merrion Investment Management Co LLC, Ahrens Investment Partners LLC, Raymond James Financial Services Advisors Inc., Future Financial Wealth Managment LLC, FormulaFolio Investments LLC, and Lincoln National Corp. Company insiders that have bought Reaves Utility Income Fund stock in the last two years include Joseph Burns Rhame III, and Louis Francisco Cimino.
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Shares of UTG can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of UTG stock can currently be purchased for approximately $31.30.

The official website for Reaves Utility Income Fund is www.utilityincomefund.com.

Reaves Utility Income Fund is headquartered at PO Box 328, DENVER, CO 80201-0328, United States.

Reaves Utility Income Fund's mailing address is PO Box 328, DENVER, CO 80201-0328, United States. The closed-end fund can be reached via phone at 800-975-8395.