Reaves Utility Income Fund (UTG) has declared a quarterly dividend of $0.20 per share, payable to shareholders of record. The ex-dividend date is set for November 16, 2025, meaning investors must own shares before this date to qualify for the payment. The dividend will be disbursed on November 27, 2025.
This dividend reflects a yield of 2.21%, calculated based on the current stock price. Reaves Utility Income Fund, headquartered in Denver, Colorado, focuses on providing a high level of after-tax income and total return, primarily through tax-advantaged dividend income and capital appreciation. The fund invests at least 80% of its total assets in dividend-paying common and preferred stocks of companies in the utility sector.
The move underscores the fund's commitment to regular dividend payments, which can be appealing to income-focused investors. As of November 20, 2025, Reaves Utility Income Fund has a market capitalization of $2.0 billion, further supporting its ability to maintain its dividend policy. Investors are encouraged to consider the fund's dividend history and overall financial health when assessing the sustainability of its dividend payments.