Looking at the universe of stocks we cover at Dividend Channel, on 2/12/14, Reaves Utility Income Fund Sbi (UTG) will trade ex-dividend, for its monthly dividend of $0.1375, payable on 2/28/14. As a percentage of UTG's recent stock price of $26.15, this dividend works out to approximately 0.53%, so look for shares of Reaves Utility Income Fund Sbi to trade 0.53% lower — all else being equal — when UTG shares open for trading on 2/12/14.
Below is a dividend history chart for UTG, showing historical dividends prior to the most recent $0.1375 declared by Reaves Utility Income Fund Sbi:
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from UTG is likely to continue, and whether the current estimated yield of 6.31% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of UTG shares, versus its 200 day moving average:Looking at the chart above, UTG's low point in its 52 week range is $23.54 per share, with $27.96 as the 52 week high point — that compares with a last trade of $26.19.
In Monday trading, Reaves Utility Income Fund Sbi shares are currently up about 0.2% on the day.