Preferred Stock Channel
Free Dividend Report - Top Ranked Stocks

Featured MNV Articles:

Gabelli Utility Trust's Series A Preferred Shares Cross 5.5% Yield Mark
Thursday, March 12, 2:23 PM ET, by Market News Video Staff

In trading on Thursday, shares of Gabelli Utility Trust's 5.625% Series A Cumulative Preferred Shares ...

Gabelli Utility Trust's Series C Preferred Shares Yield Pushes Past 5.5%
Thursday, March 12, 2:26 PM ET, by Market News Video Staff

In trading on Thursday, shares of Gabelli Utility Trust's 5.375% Series C Cumulative Preferred Shares ...

Gabelli Utility Trust's 5.375% Series C Cumulative Preferred Shares Goes Ex-Dividend Soon
Monday, March 16, 1:54 PM ET, by Market News Video Staff

On 3/18/20, Gabelli Utility Trust's 5.375% Series C Cumulative Preferred Shares (GUT.PRC) will trade ex-dividend, ...

Reminder - Gabelli Utility Trust (GUT) Goes Ex-Dividend Soon
Monday, April 13, 10:33 AM ET, by Market News Video Staff

On 4/15/20, Gabelli Utility Trust (GUT) will trade ex-dividend, for its monthly dividend of $0.05, ...

Gabelli Utility Trust About To Put More Money In Your Pocket (GUT)
Monday, May 11, 11:01 AM ET, by Market News Video Staff

On 5/13/20, Gabelli Utility Trust (GUT) will trade ex-dividend, for its monthly dividend of $0.05, ...

Gabelli Utility Trust's 5.375% Series C Cumulative Preferred Shares Goes Ex-Dividend Soon

By Preferred Stock Channel Staff, Monday, March 16, 1:54 PM ET
Play Video: The Importance of Dividends


If the video does not load after a few moments, Upgrade to the Latest Flash Player.

On 3/18/20, Gabelli Utility Trust's 5.375% Series C Cumulative Preferred Shares (NYSE:GUT.PRC) will trade ex-dividend, for its quarterly dividend of $0.3359, payable on 3/26/20. As a percentage of GUT.PRC's recent share price of $25.00, this dividend works out to approximately 1.34%, so look for shares of GUT.PRC to trade 1.34% lower — all else being equal — when GUT.PRC shares open for trading on 3/18/20. On an annualized basis, the current yield is approximately 5.36%, which compares to an average yield of 5.38% in the "ETFs & CEFs" preferred stock category, according to Preferred Stock Channel.

As of last close, GUT.PRC was trading at a 1.84% premium to its liquidation preference amount, versus the average premium of 0.21% in the "ETFs & CEFs" category. The chart below shows the one year performance of GUT.PRC shares, versus GUT:

Performance Comparison Chart

Below is a dividend history chart for GUT.PRC, showing historical dividends prior to the most recent $0.3359 on Gabelli Utility Trust's 5.375% Series C Cumulative Preferred Shares :


Special Offer: Join the income investing conversation on ValueForum.com with a special Seven Days for Seven Dollars invitation.

In Monday trading, Gabelli Utility Trust's 5.375% Series C Cumulative Preferred Shares (NYSE:GUT.PRC) is currently down about 1.8% on the day, while the common shares (NYSE:GUT) are off about 11%.


This Article's Word Cloud:   Arial   Below   CEFs   Channel   Cumulative   Days   Dividend   Dollars   ETFs   Gabelli   Going   Join   Monday   NYSE   Offer   Preferred   Series   Seven   Shares   Special   Start   Stock   Stocks   Trust   Utility   ValueForum   about   according   afterLeftLabels   amount   annualized   approximately   average   axisColor   background   basis   beforeLeftLabels   category   chart   dividend   escape   fillColor   mdash   premium   recent   shares   trade   trading   versus   yield

Gabelli Utility Trust's 5.375% Series C Cumulative Preferred Shares Goes Ex-Dividend Soon | www.PreferredStockChannel.com | Copyright © 2011 - 2021, All Rights Reserved

Nothing in Preferred Stock Channel is intended to be investment advice, nor does it represent the opinion of, counsel from, or recommendations by BNK Invest Inc. or any of its affiliates, subsidiaries or partners. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. By visiting, using or viewing this site, you agree to the following Full Disclaimer & Terms of Use and Privacy Policy. Video widget and dividend videos powered by Market News Video. Quote data delayed at least 20 minutes; data powered by Ticker Technologies, and Mergent. Contact Preferred Stock Channel; Meet Our Editorial Staff.