Gabelli Utility Trust (Gabelli Utility Trust) Dividend Payout Ratio : 0.00 (As of Dec. 2023)

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What is Gabelli Utility Trust Dividend Payout Ratio?

Gabelli Utility Trust's dividend payout ratio for the months ended in Dec. 2023 was 0.00.

The historical rank and industry rank for Gabelli Utility Trust's Dividend Payout Ratio or its related term are showing as below:

During the past 7 years, the highest Dividend Payout Ratio of Gabelli Utility Trust was 0.79. The lowest was 0.55. And the median was 0.67.

GUT's Dividend Payout Ratio is not ranked ^*
in the Asset Management industry.
Industry Median: 0.81
* Ranked among companies with meaningful Dividend Payout Ratio only.

As of today (2024-05-11), the Dividend Yield % of Gabelli Utility Trust is 9.84%.

During the past 7 years, the highest Trailing Annual Dividend Yield of Gabelli Utility Trust was 12.20%. The lowest was 7.04%. And the median was 8.12%.

Gabelli Utility Trust's Dividends per Share for the months ended in Dec. 2023 was $0.30.

During the past 12 months, Gabelli Utility Trust's average Dividends Per Share Growth Rate was 0.70% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 2.60% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 1.90% per year.

During the past 7 years, the highest 3-Year average Dividends Per Share Growth Rate of Gabelli Utility Trust was 2.60% per year. The lowest was 1.30% per year. And the median was 2.30% per year.

The growth rate is calculated with least square regression.

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

Gabelli Utility Trust Dividend Payout Ratio Historical Data

The historical data trend for Gabelli Utility Trust's Dividend Payout Ratio can be seen below:

* 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.

* Premium members only.

Gabelli Utility Trust Dividend Payout Ratio Chart

Gabelli Utility Trust Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

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0.55

0.79

Gabelli Utility Trust Semi-Annual Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Dividend Payout Ratio	Get a 7-Day Free Trial								0.94	-	-	-	-

Competitive Comparison of Gabelli Utility Trust's Dividend Payout Ratio

For the Asset Management subindustry, Gabelli Utility Trust's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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.

Gabelli Utility Trust's Dividend Payout Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Gabelli Utility Trust's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Gabelli Utility Trust's Dividend Payout Ratio falls into.

Gabelli Utility Trust Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Gabelli Utility Trust's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2023 )	/	EPS without NRI (A: Dec. 2023 )
	=	0.6	/	-0.14
	=	N/A

Gabelli Utility Trust's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Dec. 2023 )	/	EPS without NRI (Q: Dec. 2023 )
	=	0.3	/	-0.073
	=	N/A

Gabelli Utility Trust (NYSE:GUT) Dividend Payout Ratio Explanation

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.

Gabelli Utility Trust Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Gabelli Utility Trust's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Gabelli Utility Trust (Gabelli Utility Trust) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Gabelli Utility Trust (NYSE:GUT) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

GUTpC.PFD:USA

Address

One Corporate Center, Rye, NY, USA, 10580-1422

Website

https://www.gabelli.com

Gabelli Utility Trust operates as a diversified closed-end investment management company. The fund's primary objective is the long-term growth of capital and income. To achieve its objective, the fund may invest 80% of its assets in common stocks and other securities of foreign and domestic companies involved in providing products, services, or equipment for the generation or distribution of electricity, gas, & water; and telecommunications services or infrastructure operations. It invests in various sectors, of which Electric Integrated, Water, Telecommunications, and U.S. Government Obligations account for the majority weightage.

Executives

Bank Of America Na	other: Former 10% Owner	100 N. TRYON STREET, CHARLOTTE NC 28255
Bank Of America Corp /de/	other: Former 10% Owner	BANK OF AMERICA CORPORATE CENTER, 100 N TRYON ST, CHARLOTTE NC 28255
Leslie Fahrenkopf Foley	director	C/O GAMCO INVESTORS, INC., ONE CORPORATE CENTER, RYE NY 10580
Mario J Gabelli	officer: Chairman and CIO, other: Trustee	191 MASON STREET, GREENWICH CT 06830
Peter D. Goldstein	officer: Secretary	249 ROYAL PALM WAY, SUITE 503, PALM BEACH FL 33480
John Birch	director	C/O GAMCO INVESTORS, INC., ONE CORPORATE CENTER, RYE NY 10580
Elizabeth C Bogan	director	C/O DINSMORE CAPITAL MANAGEMENT CO., 65 MADISON AVENUE, MORRISTOWN NJ 07960
John Chester Ball	officer: Treasurer	800 CONNECTICUT AVENUE, NORWALK CT 06854
Ferrantino Michael J Jr	director	12 MARTINGALE LANE, ANDOVER MA 01810
Michael J Melarkey	director	ONE CORPORATE CENTER, RYE NY 10580
Kuni Nakamura	director	1 MARTIN BUTLER COURT, RYE NY 10580
Merrill Lynch, Pierce, Fenner & Smith Inc.	10 percent owner	4 WORLD FINANCIAL CENTER, NORTH TOWER, NEW YORK NY 10080
Merrill Lynch & Co., Inc.	10 percent owner	4 WORLD FINANCIAL CTR, NEW YORK NY 10080
Agnes Mullady	officer: Treasurer	ONE CORPORATE CENTER, RYE NY 10580
Salvatore J Zizza	other: Trustee	810 SEVENTH AVE, 27TH FLOOR, NEW YORK NY 10019