Gabelli Utility Trust (GUT) has announced its latest dividend details, with an ex-dividend date set for Jul 17, 2025. The dividend will be paid on Jul 24, 2025, at a rate of $0.050 per share, which is slightly higher than the average of the last ten dividends per share, which stood at approximately $0.049. The announcement was made on May 14, 2025. The previous dividend was also $0.050 per share and was paid on Jun 23, 2025. Both dividends are cash dividends.
Recently,
experienced a modest decline as its stock price fell by 0.83% on Jul 11, 2025, closing at $5.98 from the previous $6.03. Despite the short-term dip, the stock has shown resilience, rising in six of the last ten days, with a gain of 3.64% over the past two weeks. Trading volume increased slightly, though the rise occurred amid falling prices, hinting at potential volatility in the short term. Analysts have noted that the stock is in a strong upward trend and is expected to rise by 14% over the next three months. However, a recent downgrade from a "Strong Buy" to a "Buy" candidate suggests some caution due to emerging negative signals.
As of late, the Aroon Indicator has entered an uptrend, signaling positive momentum for the stock. Over the last three days, GUT's AroonUp line has been above 70, while the AroonDown line has remained below 30. This technical indicator reflects the stock's robust performance, highlighting potential opportunities for investors. Additionally, recent reports have provided a comprehensive overview of Gabelli Utility Trust's stock performance and dividend yield, offering valuable insights into its market position and investor appeal.
In conclusion, while Gabelli Utility Trust has shown promising signs of growth, some caution is warranted due to recent technical downgrades. Investors should note that Jul 17, 2025, is the last day to purchase the stock to be eligible for the upcoming dividend. Purchases made after this date will not qualify for the dividend payout.
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