Gabelli Utility Trust (NYSE:GUT) shares crossed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $7.11 and traded as high as $7.42. Gabelli Utility Trust shares last traded at $7.42, with a volume of 553 shares.
The business has a 50-day moving average price of $7.12.
The business also recently announced a monthly dividend, which will be paid on Monday, September 23rd. Shareholders of record on Monday, September 16th will be given a dividend of $0.05 per share. The ex-dividend date is Friday, September 13th. This represents a $0.60 annualized dividend and a yield of 8.09%.
Gabelli Utility Trust Company Profile (NYSE:GUT)
The Gabelli Utility Trust is a closed-ended equity mutual fund launched by GAMCO Investors, Inc It is managed by Gabelli Funds, LLC. The fund invests in the public equity markets across the globe. It makes its investments in stocks of companies providing products, services, or equipment for the generation or distribution of electricity, gas, water, telecommunications services, and infrastructure operations.
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