Looking at the universe of stocks we cover at Dividend Channel, on 7/15/13, Gabelli Utility Trust (GUT) will trade ex-dividend, for its monthly dividend of $0.05, payable on 7/24/13. As a percentage of GUT's recent stock price of $6.71, this dividend works out to approximately 0.75%, so look for shares of Gabelli Utility Trust to trade 0.75% lower — all else being equal — when GUT shares open for trading on 7/15/13.
Below is a dividend history chart for GUT, showing historical dividends prior to the most recent $0.05 declared by Gabelli Utility Trust:
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from GUT is likely to continue, and whether the current estimated yield of 8.94% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of GUT shares, versus its 200 day moving average:Looking at the chart above, GUT's low point in its 52 week range is $6.06 per share, with $8.52 as the 52 week high point — that compares with a last trade of $6.71.
According to Preferred Stock Channel, there is a series of preferred stock that is senior to GUT, which trades under the symbol GUT.PRA — more info ». In Thursday trading, Gabelli Utility Trust shares are currently up about 1.4% on the day.