Gabelli Utility Trust About To Put More Money In Your Pocket (GUT)

Looking at the universe of stocks we cover at Dividend Channel, on 5/14/13, Gabelli Utility Trust (GUT) will trade ex-dividend, for its monthly dividend of $0.05, payable on 5/23/13. As a percentage of GUT's recent stock price of $6.94, this dividend works out to approximately 0.72%, so look for shares of Gabelli Utility Trust to trade 0.72% lower — all else being equal — when GUT shares open for trading on 5/14/13.

START SLIDESHOW:
Click here to learn which 25 S.A.F.E. dividend stocks should be on your radar screen »

Below is a dividend history chart for GUT, showing historical dividends prior to the most recent $0.05 declared by Gabelli Utility Trust:

GUT+Dividend+History+Chart

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 8.65% 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:

Gabelli Utility Trust 200 Day Moving Average Chart

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 $6.96.

In Friday trading, Gabelli Utility Trust shares are currently up about 0.2% on the day.

null

More from Stocks

Trump's 'Space Force' Could Launch a $1 Trillion Industry, Morgan Stanley Says

Trump's 'Space Force' Could Launch a $1 Trillion Industry, Morgan Stanley Says

Abiomed Stock Should Rise Some 12% From Here, Piper Jaffray Analyst Says

Abiomed Stock Should Rise Some 12% From Here, Piper Jaffray Analyst Says

Video: Here Is Why Carvana Isn't Worried About Amazon

Video: Here Is Why Carvana Isn't Worried About Amazon

Video: What Oprah's Content Partnership With Apple Means for the Rest of Tech

Video: What Oprah's Content Partnership With Apple Means for the Rest of Tech

REPLAY: Jim Cramer on the Markets, Oil, Starbucks, Tesla, Okta and Red Hat

REPLAY: Jim Cramer on the Markets, Oil, Starbucks, Tesla, Okta and Red Hat