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Reaves Utility Income Fund Dividend Announcement

(AMEX:UTG), www.utilityincomefund.com

DIVIDEND ANNOUNCEMENT: Reaves Utility Income Fund (AMEX: UTG) today declared a dividend of $0.1600 per share

December 20, 2016

Reaves Utility Income Fund (AMEX: UTG) today declared a dividend of $ 0.1600 per share payable on January 13, 2017 to shareholders of record as of December 30, 2016. Dividend amount recorded is an increase of $ 0.0088 from last dividend Paid.

Reaves Utility Income Fund (AMEX:UTG) has paid dividends since 2004, has a current dividend yield of 6.3% and has increased its dividends for 2 successive years.

Reaves Utility Income Fund's market cap is $ 607,400,000 and has a PE ratio of 0.00. The stock price closed yesterday at $ 30.37 and has a 52 week low/high of $ 23.01 and $ 32.70. For more information on Reaves Utility Income Fund click here.

Reaves Utility Income Fund current dividend information as per the date of this press release is:
Dividend Declaration Date: December 20, 2016
Dividend Ex Date: December 28, 2016
Dividend Record Date: December 30, 2016
Dividend Payment Date: January 13, 2017
Dividend Amount: $ 0.1600
 
 

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