The Reaves Utility Income Fund (NYSE:UTG) offers a big, steadily-growing, monthly-paid, tax-advantaged distribution (currently yielding 8.2%). And this closed-end fund ("CEF") does so by owning ...

Utility stocks are highly sensitive to interest rates and often correlate with long-term bond prices, making them attractive as rates decline. UTG has recovered most losses since 2023, but its ...

Looking at the universe of stocks we cover at Dividend Channel, on 11/15/24, Reaves Utility Income Fund (Symbol: UTG) will trade ex-dividend, for its monthly dividend of $0.19, payable on 11/29/24. As ...

Looking at the universe of stocks we cover at Dividend Channel, on 12/30/21, Reaves Utility Income Fund (Symbol: UTG) will trade ex-dividend, for its monthly dividend of $0.19, payable on 1/14/22. As ...