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Gabelli Utility Trust (Gabelli Utility Trust) Dividend Yield % : 10.81% (As of Apr. 25, 2024)


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What is Gabelli Utility Trust Dividend Yield %?

As of today (2024-04-25), the Trailing Annual Dividend Yield of Gabelli Utility Trust is 10.81%.

Good Sign:

Gabelli Utility Trust stock dividend yield is close to 3-year high.

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

GUT' s Dividend Yield % Range Over the Past 10 Years
Min: 7.04   Med: 8.12   Max: 12.2
Current: 10.81

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

GUT's Dividend Yield % is ranked better than
85.43% of 1215 companies
in the Asset Management industry
Industry Median: 5.63 vs GUT: 10.81

Gabelli Utility Trust's Dividend Payout Ratio for the six months ended in Dec. 2023 was 0.00.

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.

As of today (2024-04-25), the Forward Dividend Yield % of Gabelli Utility Trust is 10.81%.

Gabelli Utility Trust's Dividends per Share for the six 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 Yield % Historical Data

The historical data trend for Gabelli Utility Trust's Dividend Yield % 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 Yield % Chart

Gabelli Utility Trust Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Yield %
Get a 7-Day Free Trial 7.72 7.39 7.24 7.98 11.07

Gabelli Utility Trust Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Dividend Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7.24 8.59 7.98 8.85 11.07

Competitive Comparison of Gabelli Utility Trust's Dividend Yield %

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


Gabelli Utility Trust's Dividend Yield % Distribution in the Asset Management Industry

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

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



Gabelli Utility Trust Dividend Yield % Calculation

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

Gabelli Utility Trust Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.0502024-04-152024-04-162024-04-23Cash DividendmonthlyUSD:USD 1.000000
USD 0.0502024-03-132024-03-142024-03-21Cash DividendmonthlyUSD:USD 1.000000
USD 0.0502024-02-132024-02-142024-02-22Cash DividendmonthlyUSD:USD 1.000000
USD 0.0502024-01-162024-01-172024-01-24Cash DividendmonthlyUSD:USD 1.000000
USD 0.0502023-12-142023-12-152023-12-22Cash DividendmonthlyUSD:USD 1.000000
USD 0.0502023-11-142023-11-152023-11-22Cash DividendmonthlyUSD:USD 1.000000
USD 0.0502023-10-162023-10-172023-10-24Cash DividendmonthlyUSD:USD 1.000000
USD 0.0502023-09-142023-09-152023-09-22Cash DividendmonthlyUSD:USD 1.000000
USD 0.0502023-08-162023-08-172023-08-24Cash DividendmonthlyUSD:USD 1.000000
USD 0.0502023-07-142023-07-172023-07-24Cash DividendmonthlyUSD:USD 1.000000
USD 0.0502023-06-142023-06-152023-06-23Cash DividendmonthlyUSD:USD 1.000000
USD 0.0502023-05-152023-05-162023-05-23Cash 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.

Gabelli Utility Trust's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.6/5.55
=10.81 %

Current Share Price is $5.55.
Gabelli Utility Trust's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.6.

Gabelli Utility Trust's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.6/5.55
=10.81 %

Current Share Price is $5.55.
Gabelli Utility Trust's Dividends per Share for the forward twelve months is calculated as $0.05 * 12 = $0.6.

* 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.


Gabelli Utility Trust  (NYSE:GUT) 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.


Gabelli Utility Trust Dividend Yield % Related Terms

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


Gabelli Utility Trust (Gabelli Utility Trust) Business Description

Traded in Other Exchanges
Address
One Corporate Center, Rye, NY, USA, 10580-1422
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