GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Reaves Utility Income Fund (AMEX:UTG) » Definitions » Dividend Yield %

UTG (Reaves Utilityome Fund) Dividend Yield % : 6.90% (As of Dec. 13, 2024)


View and export this data going back to 2004. Start your Free Trial

What is Reaves Utilityome Fund Dividend Yield %?

As of today (2024-12-13), the Trailing Annual Dividend Yield of Reaves Utilityome Fund is 6.90%.

Warning Sign:

Reaves Utility Income Fund stock dividend yield is close to 2-year low.

The historical rank and industry rank for Reaves Utilityome Fund's Dividend Yield % or its related term are showing as below:

UTG' s Dividend Yield % Range Over the Past 10 Years
Min: 4.57   Med: 6.34   Max: 9.89
Current: 6.9

During the past 13 years, the highest Dividend Yield of Reaves Utilityome Fund was 9.89%. The lowest was 4.57%. And the median was 6.34%.

UTG's Dividend Yield % is ranked better than
60.05% of 1184 companies
in the Asset Management industry
Industry Median: 5.75 vs UTG: 6.90

Reaves Utilityome Fund's Dividend Payout Ratio for the six months ended in Apr. 2024 was 0.42.

During the past 13 years, the highest Dividend Payout Ratio of Reaves Utilityome Fund was 3.39. The lowest was 0.26. And the median was 0.39.

As of today (2024-12-13), the Forward Dividend Yield % of Reaves Utilityome Fund is 6.90%.

Reaves Utilityome Fund's Dividends per Share for the six months ended in Apr. 2024 was $1.14.

During the past 12 months, Reaves Utilityome Fund's average Dividends Per Share Growth Rate was -7.70% 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.

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.


Reaves Utilityome Fund Dividend Yield % Historical Data

The historical data trend for Reaves Utilityome Fund'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.

Reaves Utilityome Fund Dividend Yield % Chart

Reaves Utilityome Fund Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Dividend Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.61 6.87 6.48 8.25 9.28

Reaves Utilityome Fund Semi-Annual Data
Oct14 Apr15 Oct15 Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24
Dividend Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.79 8.25 7.90 9.28 8.68

Competitive Comparison of Reaves Utilityome Fund's Dividend Yield %

For the Asset Management subindustry, Reaves Utilityome Fund'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.


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

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

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



Reaves Utilityome Fund 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 0.1900002024-11-152024-11-152024-11-29Cash DividendmonthlyUSD:USD 1.000000
USD 0.1900002024-10-182024-10-182024-10-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.1900002024-09-172024-09-172024-09-30Cash DividendmonthlyUSD:USD 1.000000
USD 0.1900002024-08-162024-08-162024-08-30Cash DividendmonthlyUSD:USD 1.000000
USD 0.1900002024-07-192024-07-192024-07-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.1900002024-06-172024-06-172024-06-28Cash DividendmonthlyUSD:USD 1.000000
USD 0.1900002024-05-162024-05-172024-05-31Cash DividendmonthlyUSD:USD 1.000000
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

* 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 Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=2.28/33.03
=6.90 %

Current Share Price is $33.03.
Reaves Utilityome Fund's Dividends per Share for the trailing twelve months (TTM) ended in Today is $2.28.

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

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=2.28/33.03
=6.90 %

Current Share Price is $33.03.
Reaves Utilityome Fund's Dividends per Share for the forward twelve months is calculated as $0.19 * 12 = $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) 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 Dividend Yield % Related Terms

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


Reaves Utilityome Fund Business Description

Traded in Other Exchanges
N/A
Address
1700 Broadway, Suite 1850, 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
Joellen Legg officer: Secretary 1290 BROADWAY, SUITE 1100, DENVER CO 80203
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

Reaves Utilityome Fund Headlines