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Reaves Utilityome Fund (Reaves Utilityome Fund) Forward Dividend Yield % : 8.71% (As of May. 01, 2024)


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What is Reaves Utilityome Fund Forward Dividend Yield %?

As of today (2024-05-01), the Forward Annual Dividend Yield of Reaves Utilityome Fund is 8.71%.

As of today (2024-05-01), the Trailing Annual Dividend Yield of Reaves Utilityome Fund is 8.71%.

UTG's Forward Dividend Yield % is ranked better than
69.71% of 1205 companies
in the Asset Management industry
Industry Median: 5.88 vs UTG: 8.71

Reaves Utilityome Fund's Dividends per Share for the six months ended in Oct. 2023 was $1.14.

During the past 12 months, Reaves Utilityome Fund's average Dividends Per Share Growth Rate was 8.30% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 4.60% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 3.60% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 4.90% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Reaves Utilityome Fund was 18.50% per year. The lowest was 0.30% per year. And the median was 4.60% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of Reaves Utilityome Fund's Forward Dividend Yield %

For the Asset Management subindustry, Reaves Utilityome Fund's Forward Dividend Yield %, along with its competitors' market caps and Forward Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Reaves Utilityome Fund's Forward Dividend Yield % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Reaves Utilityome Fund's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Reaves Utilityome Fund's Forward Dividend Yield % falls into.



Reaves Utilityome Fund Forward Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Reaves Utilityome Fund Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.1900002024-04-182024-04-192024-04-30Cash DividendmonthlyUSD:USD 1.000000
USD 0.1900002024-03-142024-03-152024-03-28Cash DividendmonthlyUSD:USD 1.000000
USD 0.1900002024-02-152024-02-162024-02-29Cash DividendmonthlyUSD:USD 1.000000
USD 0.1900002023-12-282023-12-292024-01-17Cash DividendmonthlyUSD:USD 1.000000
USD 0.1900002023-12-142023-12-152023-12-29Cash DividendmonthlyUSD:USD 1.000000
USD 0.1900002023-11-152023-11-162023-11-30Cash DividendmonthlyUSD:USD 1.000000
USD 0.1900002023-10-192023-10-202023-10-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.1900002023-09-182023-09-192023-09-29Cash DividendmonthlyUSD:USD 1.000000
USD 0.1900002023-08-172023-08-182023-08-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.1900002023-07-202023-07-212023-07-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.1900002023-06-152023-06-162023-06-30Cash DividendmonthlyUSD:USD 1.000000
USD 0.1900002023-05-172023-05-182023-05-31Cash DividendmonthlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Reaves Utilityome Fund's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=2.28/26.2179
=8.70 %

Current Share Price is $26.2179.
Reaves Utilityome Fund's Dividends per Share for the forward twelve months is calculated as $0.19 * 12 = $2.28.

Reaves Utilityome Fund's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=2.28/26.2179
=8.70 %

Current Share Price is $26.2179.
Reaves Utilityome Fund's Dividends per Share for the trailing twelve months (TTM) ended in Today is $2.28.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Reaves Utilityome Fund  (AMEX:UTG) Forward Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Reaves Utilityome Fund Forward Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Reaves Utilityome Fund's Forward Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


Reaves Utilityome Fund (Reaves Utilityome Fund) Business Description

Traded in Other Exchanges
N/A
Address
1700 Broadway, Suite 1230, Denver, CO, USA, 80290
Reaves Utility Income Fund is a closed-end management investment company. The company's investment objective is to provide a high level of after-tax income and total return consisting of tax-advantaged dividend income and capital appreciation. It invests a portion of its total assets in securities of utility companies, which may include companies in the electric, gas, water, telecommunications sectors, as well as other companies engaged in other infrastructure operations.
Executives
Thomas Michael Grimes other: Officer of Investment Advisor C/O W. H. REAVES & CO., INC., 10 EXCHANGE PLACE, 18TH FLOOR, JERSEY CITY NJ 07302
Reaves W H & Co Inc other: Officer of Investment Advisor REAVES W H & CO INC, 10 EXCHANGE PLACE, JERSEY CITY NJ 07302
Rhame Joseph Burns Iii other: Officer of Investment Advisor C/O W.H. REAVES & CO., INC., 10 EXCHANGE PLACE, 18TH FLOOR, JERSEY CITY NJ 07302
Christopher Moore officer: Secretary 1700 BROADWAY, SUITE 1850, DENVER CO 80290
Jennell Panella officer: Treasurer 1250 BROADWAY, SUITE 1000, DENVER CO 80203
Thomas W Harmke officer: Officer of Investment Adviser C/O W. H. REAVES & CO., INC., 10 EXCHANGE PLACE, 18TH FLOOR, JERSEY CITY NJ 07302
Sareena Khwaja-dixon officer: Secretary 1290 BROADWAY, SUITE 1100, DENVER CO 80203
Erich Rettinger officer: Treasurer 1290 BROADWAY SUITE 1100, DENVER CO 80203
Louis Francisco Cimino other: Officer of Investment Adviser C/O W. H. REAVES & CO., INC., 10 EXCHANGE PLACE, 18TH FLOOR, JERSEY CITY NJ 07302
Kelly Mcewen officer: Treasurer 5050 S. SYRACUSE ST., SUITE 1100, DENVER CO 80237
Wilhelm Rowland Otto Jr other: Officer of Investment Advisor C/O W. H. REAVES & CO., INC., 10 EXCHANGE PLACE, 18TH FL., JERSEY CITY NJ 07302
Ronald James Sorenson other: Officer of Investment Adviser C/O W. H. REAVES & CO., INC., 10 EXCHANGE PLACE, 18TH FLOOR, JERSEY CITY NJ 07302
Jeremy O May director 1700 BROADWAY, SUITE 1850, DENVER CO 80290
Brian Wallace Weeks other: Officer of Investment Advisor C/O W. H. REAVES & CO., INC., 10 EXCHANGE PLACE, 18TH FLOOR, JERSEY CITY NJ 07302
William Avrum Ferer other: Officer of Investment Adviser C/O W. H. REAVES & CO., INC., 10 EXCHANGE PLACE, 18TH FLOOR, JERSEY CITY NJ 07302

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