UTG (Reaves Utilityome Fund) Dividend Yield %: 6.02% (As of Jul. 03, 2026) — Near Median


UTG Reaves Utility Income Fund UTG
24 GF Score
Price $39.85
! 8 Warning Signs
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What is Reaves Utilityome Fund Dividend Yield %?

Reaves Utilityome Fund UTG -0.20% 24 Dividend Yield % is 6.02% as of Jul. 03, 2026, which is 7% below its 10-year median of 6.47. GuruFocus rates UTG with a GF Score™ of 24/100. The stock has 8 warning signs investors should review. Among 1,112 Asset Management companies, Reaves Utilityome Fund ranks better than 50% on this metric.

As of today (2026-07-03), the Trailing Annual Dividend Yield of Reaves Utilityome Fund is 6.02%.

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: 6.47   Max: 9.89
Current: 6.02

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 6.47%.

UTG's Dividend Yield % is ranked better than
50% of 1112 companies
in the Asset Management industry
Industry Median: 5.97 vs UTG: 6.02

Reaves Utilityome Fund's Dividend Payout Ratio for the six months ended in Oct. 2025 was 0.16.

During the past 13 years, the highest Dividend Payout Ratio of Reaves Utilityome Fund was 3.39. The lowest was 0.22. And the median was 0.35.

As of today (2026-07-03), the Forward Dividend Yield % of Reaves Utilityome Fund is 6.32%.

Reaves Utilityome Fund's Dividends per Share for the six months ended in Oct. 2025 was $1.18.

During the past 12 months, Reaves Utilityome Fund's average Dividends Per Share Growth Rate was -6.60% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -2.20% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 1.10% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 3.20% 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 -2.20% per year. And the median was 4.30% 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  (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

Reaves Utilityome Fund Dividend Yield % Historical Data

* Premium members only.

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.

Reaves Utilityome Fund Dividend Yield % Chart

Reaves Utilityome Fund Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Dividend Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.48 8.25 9.28 7.01 6.07

Reaves Utilityome Fund Semi-Annual Data
Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24 Apr25 Oct25
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 9.28 8.68 7.01 6.96 6.07

UTG vs NEA, CNS, HLNE: Dividend Yield % Comparison

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 Dividend Yield % vs 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.


UTG
24GF Score
Reaves Utility Income Fund UTG
Dividend Yield % is just one metric. See GF Score™, valuation, warning signs, and more.
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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 0.2000002026-06-172026-06-172026-06-30Cash DividendmonthlyUSD:USD 1.000000
USD 0.2000002026-05-182026-05-182026-05-29Cash DividendmonthlyUSD:USD 1.000000
USD 0.2000002026-04-172026-04-172026-04-30Cash DividendmonthlyUSD:USD 1.000000
USD 0.2000002026-03-182026-03-182026-03-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.2000002026-02-182026-02-182026-02-27Cash DividendmonthlyUSD:USD 1.000000
USD 0.2000002025-12-312025-12-312026-01-16Cash DividendmonthlyUSD:USD 1.000000
USD 0.2000002025-12-172025-12-172025-12-30Cash DividendmonthlyUSD:USD 1.000000
USD 0.2000002025-11-172025-11-172025-11-28Cash DividendmonthlyUSD:USD 1.000000
USD 0.2000002025-10-172025-10-172025-10-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.2000002025-09-172025-09-172025-09-30Cash DividendmonthlyUSD:USD 1.000000
USD 0.2000002025-08-182025-08-182025-08-29Cash DividendmonthlyUSD:USD 1.000000
USD 0.2000002025-07-182025-07-182025-07-31Cash 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 Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=2.4/39.85
=6.02 %

Current Share Price is $39.85.
Reaves Utilityome Fund's Dividends per Share for the trailing twelve months (TTM) ended in Today is $2.4.

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

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=2.4/39.85
=6.02 %

Current Share Price is $39.85.
Reaves Utilityome Fund's Dividends per Share for the forward twelve months is calculated as $0.2 * 12 = $2.4.

* 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.

Frequently Asked Questions Learn more about Dividend Yield % →
What does a Dividend Yield % of 6.02% mean?
Reaves Utilityome Fund (UTG) has a Dividend Yield % of 6.02% as of Jul. 03, 2026. Dividend yield is the ratio of company dividends to the share price. View historical data on Reaves Utilityome Fund and its competitors. This is near median its historical median of 6.47. Over the past decade, Reaves Utilityome Fund's Dividend Yield % has ranged from 4.57 to 9.89. According to the industry distribution chart, Reaves Utilityome Fund ranks #556 out of 1112 companies in the Asset Management industry, placing it in the top 50%.
Is Reaves Utilityome Fund's Dividend Yield % too high?
Reaves Utilityome Fund's current Dividend Yield % of 6.02% is near median its 10-year median of 6.47. Over the past 10 years, this metric has ranged from a low of 4.57 to a high of 9.89. The Asset Management industry median Dividend Yield % is 5.97. Reaves Utilityome Fund's value of 6.02% is 0.8% above this industry median. Based on the distribution chart, Reaves Utilityome Fund ranks #556 out of 1112 companies in the Asset Management industry, which is above the industry midpoint. Overall, Reaves Utilityome Fund has a GF Score™ of 24/100, reflecting its overall financial health beyond just this single metric.
How does Reaves Utilityome Fund's Dividend Yield % compare to NEA and CNS?
According to the Asset Management industry distribution chart, Reaves Utilityome Fund ranks #556 out of 1112 companies for Dividend Yield %. This puts Reaves Utilityome Fund in the upper half of its industry. The industry median Dividend Yield % is 5.97. Reaves Utilityome Fund's value of 6.02% is 0.8% above this benchmark. Historically, Reaves Utilityome Fund's own Dividend Yield % has ranged from 4.57 to 9.89 over the past decade. While the company's 10-year median is 6.47 vs. the industry median of 5.97, Reaves Utilityome Fund has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Dividend Yield % for an Asset Management company?
The median Dividend Yield % among Asset Management companies is 5.97, based on 1,112 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Yield % significantly above this median, while those in the bottom quartile fall well below. However, Dividend Yield % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Reaves Utilityome Fund's current Dividend Yield % of 6.02% is 0.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Dividend Yield % mean?
A high Dividend Yield % can signal that a stock is expensive relative to its fundamentals. Dividend yield is the ratio of company dividends to the share price. View historical data on Reaves Utilityome Fund and its competitors. For the Asset Management industry, the median Dividend Yield % is 5.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Reaves Utilityome Fund's current Dividend Yield % is 6.02%, which is near median its own 10-year median of 6.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Reaves Utilityome Fund stock overvalued right now?
Reaves Utilityome Fund (UTG) has a current Dividend Yield % of 6.02%. The current Dividend Yield % is 6.02%, which is near median its 10-year median of 6.47 and 0.8% above the Asset Management industry median of 5.97. Reaves Utilityome Fund's overall GF Score™ is 24/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Dividend Yield % calculated?
Dividend Yield % is calculated from a company's financial statements. For Reaves Utilityome Fund (UTG), the current Dividend Yield % is 6.02% as of Jul. 03, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Reaves Utilityome Fund Business Description

Address 1700 Broadway, Suite 2100, 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.
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