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.
UTG Ex-Dividend Reminder - 2/12/14
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