How have UTG shares performed in 2024?

Reaves Utility Income Fund's stock was trading at $27.32 on January 1st, 2024. Since then, UTG shares have decreased by 6.1% and is now trading at $25.65. View the best growth stocks for 2024 here .

Are investors shorting Reaves Utility Income Fund?

Reaves Utility Income Fund saw a increase in short interest during the month of March. As of March 31st, there was short interest totaling 738,200 shares, an increase of 211.2% from the March 15th total of 237,200 shares. Based on an average daily volume of 858,100 shares, the days-to-cover ratio is currently 0.9 days. View Reaves Utility Income Fund's Short Interest .

How often does Reaves Utility Income Fund pay dividends? What is the dividend yield for Reaves Utility Income Fund?

Reaves Utility Income Fund declared a monthly dividend on Tuesday, April 9th. Stockholders of record on Monday, June 17th will be paid a dividend of $0.19 per share on Friday, June 28th. This represents a $2.28 dividend on an annualized basis and a dividend yield of 8.89%. The ex-dividend date of this dividend is Monday, June 17th. Read our dividend analysis for UTG .

Is Reaves Utility Income Fund a good dividend stock?

Reaves Utility Income Fund (NYSEAMERICAN:UTG) pays an annual dividend of $2.04 per share and currently has a dividend yield of 0.07%. Read our dividend analysis for UTG .

What ETF holds Reaves Utility Income Fund's stock?

First Trust Income Opportunities ETF holds 17,529 shares of UTG stock, representing 1.77% of its portfolio.

What other stocks do shareholders of Reaves Utility Income Fund own?

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) , Main Street Capital (MAIN) , Enterprise Products Partners (EPD) , Verizon Communications (VZ) and Altria Group (MO) .

Who are Reaves Utility Income Fund's major shareholders?

Reaves Utility Income Fund's stock is owned by many different retail and institutional investors. Top institutional investors include NBC Securities Inc. (0.00%), Future Financial Wealth Managment LLC (0.00%), Brookstone Capital Management (0.00%) and Graybill Wealth Management LTD. (0.00%). Insiders that own company stock include Joellen Legg, Joseph Burns Rhame III, Thomas Michael Grimes and Thomas W Harmke. View institutional ownership trends .

How do I buy shares of Reaves Utility Income Fund?

Shares of UTG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NYSEAMERICAN:UTG

Reaves Utility Income Fund (UTG) Stock Price, News & Analysis

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$25.65

-0.43 (-1.65%)

(As of 04/15/2024 ET)

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Today's Range: $25.57
▼
$26.24
50-Day Range: $23.85
▼
$28.09
52-Week Range: $23.24
▼
$29.28

Volume: 477,835 shs
Average Volume: 322,708 shs
Market Capitalization: N/A

P/E Ratio: N/A
Dividend Yield: 7.95%
Price Target: N/A

Stock Analysis Chart Dividend Financials Headlines Insider Trades Ownership SEC Filings Short Interest

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About Reaves Utility Income Fund Stock (NYSEAMERICAN:UTG)

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 quantitative and fundamental analysis with bottom-up stock picking approach to create its portfolio. Reaves Utility Income Fund was formed on September 15, 2003 and is domiciled in the United States.

UTG Stock Price History

30 days | 90 days | 365 days | Advanced Chart

UTG Stock News Headlines

April 6, 2024 | seekingalpha.com

UTG: Recent Fed Decisions Highlight Why This Fund's Strategy Isn't Working

April 4, 2024 | seekingalpha.com

Dividend Harvesting Portfolio Week 161: $16,100 Allocated, $1,430.49 In Projected Dividends

April 16, 2024 | InvestorPlace (Ad)

Elon Musk’s ChatGPT Could Soon Mint New Millionaires

Elon Musk made $180 million on PayPal… $47 Billion on SpaceX…and $94.2 Billion on Tesla. He’s about to shock the world again with his version of ChatGPT.

April 2, 2024 | seekingalpha.com

UTG: Despite The Run I Still Expect This 8.46% Yielding CEF To Appreciate More

April 1, 2024 | msn.com

Pre-Market U.S. Stock Movers – April 1st

March 6, 2024 | seekingalpha.com

9%-Yielding UTG: Leveraged Exposure To 3 Huge Tailwinds

February 29, 2024 | seekingalpha.com

UTG: Downgrade On Increasing Regulatory Risks

February 26, 2024 | news.yahoo.com

Reeves Foundation awarded grants to 58 local nonprofit organizations in 2023

April 16, 2024 | InvestorPlace (Ad)

Elon Musk’s ChatGPT Could Soon Mint New Millionaires

Elon Musk made $180 million on PayPal… $47 Billion on SpaceX…and $94.2 Billion on Tesla. He’s about to shock the world again with his version of ChatGPT.

February 23, 2024 | news.yahoo.com

Utah may pay $900 million to fund potential MLB stadium, increase hotel tax

February 17, 2024 | money.usnews.com

Reaves Utility Income Fund

February 17, 2024 | ca.finance.yahoo.com

Reaves Utility Income Fund (UTG)

January 28, 2024 | seekingalpha.com

UTG: 8% Yielding Utilities CEF And High Yield Alternatives

January 26, 2024 | seekingalpha.com

UTG: Don't Miss Buying This High-Quality, High-Yielding Utilities CEF

January 22, 2024 | finance.yahoo.com

Reaves Utility Income Fund Section 19(a) Notice

January 21, 2024 | seekingalpha.com

MCI: Best Of Both Worlds - Solid 8.4% Income And Capital Appreciation

December 25, 2023 | seekingalpha.com

UTG: Buy It Before The Up-Cycle Starts

December 15, 2023 | finance.yahoo.com

Reaves Utility Income Fund Announces Regular Monthly Distributions Of $0.19 Per Share

December 9, 2023 | seekingalpha.com

UTG: Solid Utility Fund For Income-Oriented Investors

November 2, 2023 | msn.com

UTG: From Bad To Worse

October 28, 2023 | msn.com

UTG: Valuation Normalized, Attractive Risk-Reward Raising The Fund To A Buy (Rating Upgrade)

October 18, 2023 | gurufocus.com

Reaves Utility Income Fund's Dividend Analysis

September 24, 2023 | msn.com

UTG: 9% Yielding Utilities CEF And High Yield Alternatives Like UTF

August 7, 2023 | msn.com

UTG Shows The Bind Utilities Are In

July 12, 2023 | msn.com

Reaves Utility Income Trust declares $0.19 dividend

July 10, 2023 | finance.yahoo.com

Reaves Utility Income Fund Announces Regular Monthly Distribution of $0.19 per Share

June 30, 2023 | msn.com

DNP Vs. UTG: 2 Solid Long-Term Infrastructure Income Plays

See More Headlines

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Company Calendar

Today: 4/16/2024
Ex-Dividend for 4/30 Dividend: 4/18/2024
Dividend Payable: 4/30/2024
Ex-Dividend for 5/31 Dividend: 5/16/2024
Dividend Payable: 5/31/2024

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Industry, Sector and Symbol

Stock Exchange: NYSEAMERICAN
Sector: Financial Services
Industry: Asset Management
Sub-Industry: N/A
Current Symbol: NYSEAMERICAN:UTG
Previous Symbol: NYSEMKT:UTG
CUSIP: N/A
CIK: 1263994
Web: www.utilityincomefund.com
Phone: 800-975-8395
Fax: N/A
Employees: N/A
Year Founded: N/A

Profitability

EPS (Most Recent Fiscal Year): N/A
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: N/A
Net Margins: N/A
Pretax Margin: N/A
Return on Equity: N/A
Return on Assets: N/A

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: N/A
Quick Ratio: N/A

Sales & Book Value

Annual Sales: N/A
Price / Sales: N/A
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: N/A
Price / Book: N/A

Miscellaneous

Outstanding Shares: N/A
Free Float: N/A
Market Cap: N/A
Optionable: Not Optionable
Beta: N/A

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Key Executives

Mr. Jeremy Oppegard May CPA (Age 54)
CPA, Chairman of the Board of Trustee,President & Principal Financial Officer of ALPS Mutual Fund Svcs In
Mr. Edmund Joseph Burke (Age 63)
Principal Executive Officer
Mr. William Avrum Ferer
Portfolio Manager

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

UTG Stock Analysis - Frequently Asked Questions

How have UTG shares performed in 2024?: Reaves Utility Income Fund's stock was trading at $27.32 on January 1st, 2024. Since then, UTG shares have decreased by 6.1% and is now trading at $25.65.
View the best growth stocks for 2024 here.
Are investors shorting Reaves Utility Income Fund?: Reaves Utility Income Fund saw a increase in short interest during the month of March. As of March 31st, there was short interest totaling 738,200 shares, an increase of 211.2% from the March 15th total of 237,200 shares. Based on an average daily volume of 858,100 shares, the days-to-cover ratio is currently 0.9 days.
View Reaves Utility Income Fund's Short Interest.
How often does Reaves Utility Income Fund pay dividends? What is the dividend yield for Reaves Utility Income Fund?: Reaves Utility Income Fund declared a monthly dividend on Tuesday, April 9th. Stockholders of record on Monday, June 17th will be paid a dividend of $0.19 per share on Friday, June 28th. This represents a $2.28 dividend on an annualized basis and a dividend yield of 8.89%. The ex-dividend date of this dividend is Monday, June 17th.
Read our dividend analysis for UTG.
Is Reaves Utility Income Fund a good dividend stock?: Reaves Utility Income Fund (NYSEAMERICAN:UTG) pays an annual dividend of $2.04 per share and currently has a dividend yield of 0.07%.
Read our dividend analysis for UTG.

What ETF holds Reaves Utility Income Fund's stock?: First Trust Income Opportunities ETF holds 17,529 shares of UTG stock, representing 1.77% of its portfolio.
What other stocks do shareholders of Reaves Utility Income Fund own?: 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), Main Street Capital (MAIN), Enterprise Products Partners (EPD), Verizon Communications (VZ) and Altria Group (MO).
Who are Reaves Utility Income Fund's major shareholders?: Reaves Utility Income Fund's stock is owned by many different retail and institutional investors. Top institutional investors include NBC Securities Inc. (0.00%), Future Financial Wealth Managment LLC (0.00%), Brookstone Capital Management (0.00%) and Graybill Wealth Management LTD. (0.00%). Insiders that own company stock include Joellen Legg, Joseph Burns Rhame III, Thomas Michael Grimes and Thomas W Harmke.
View institutional ownership trends.
How do I buy shares of Reaves Utility Income Fund?: Shares of UTG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSEAMERICAN:UTG) was last updated on 4/16/2024 by MarketBeat.com Staff

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Reaves Utility Income Fund (UTG) Stock Price, News & Analysis

About Reaves Utility Income Fund Stock (NYSEAMERICAN:UTG)

UTG Stock Price History

UTG Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

UTG Stock Analysis - Frequently Asked Questions

About MarketBeat

MarketBeat Products

Popular Tools

Financial Calendars

Terms & Info