UTG Ex-Dividend Reminder - 5/14/15

Looking at the universe of stocks we cover at Dividend Channel, on 5/14/15, Reaves Utility Income Fund Sbi ( UTG) will trade ex-dividend, for its monthly dividend of $0.1512, payable on 5/29/15. As a percentage of UTG's recent stock price of $29.70, this dividend works out to approximately 0.51%, so look for shares of Reaves Utility Income Fund Sbi to trade 0.51% lower — all else being equal — when UTG shares open for trading on 5/14/15.

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Below is a dividend history chart for UTG, showing historical dividends prior to the most recent $0.1512 declared by Reaves Utility Income Fund Sbi:

UTG+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 UTG is likely to continue, and whether the current estimated yield of 6.11% 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:

Reaves Utility Income Fund Sbi 200 Day Moving Average Chart

Looking at the chart above, UTG's low point in its 52 week range is $26.66 per share, with $33.90 as the 52 week high point — that compares with a last trade of $29.66.

In Tuesday trading, Reaves Utility Income Fund Sbi shares are currently off about 0.4% on the day.

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